Temasek subsidiary Fullerton tokenises PE fund on ADDX | temasek, fullerton, addx, oiyee choo, tokenisation, hamilton lane, companions group, pe, non-public fairness, funding, blockchain

Non-public market change, ADDX, has introduced the tokenisation of Temasek-backed non-public fairness PE agency, Fullerton Fund Administration’s fund-of-funds on its platform.

Fullerton joins PE friends Hamilton Lane, Investcorp and Companions Group in exploring fund tokenisation which, as lately appointed ADDX CEO, Oi-Yee Choo, defined, permits them to increase their investor base by lowering minimal funding dimension.

“As well as, as a result of tokenisation reduces handbook processes and the necessity for a number of intermediaries, it’s a cost-efficient channel for fundraisingTokenisation due to this fact represents a brand new frontier for funds to increase and develop their AUM belongings beneath administration,” she advised FinanceAsia.

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