Private markets investment firm Hamilton Lane has partnered with digital securities exchange ADDX to tokenise a class of shares issued by Hamilton Lane Global Private Assets Fund (GPA), to enable access to the private markets for a broader set of investors in Asia.
The partnership marks the first time Hamilton Lane has tokenised a fund, making it one of the earliest major private markets firms to do so.
Hamilton Lane’s GPA Fund will be accessible to ADDX investors at a minimum ticket size of USD10,000, compared to the minimum of USD125,000 or more for investors who subscribe via traditional, non-tokenised distribution channels.
Launched in May 2019, the GPA Fund has returned 16.11 per cent (net) annualised since inception and has assets of more than USD1.845 billion as of 31 January 2022.
