Hamilton Lane, a private markets investment firm, has announced the launch of a new tokenized share class providing access to the Hamilton Lane Global Private Assets Fund (GPA), developed in collaboration with Allfunds Blockchain, the digital innovation division of Allfunds, and Apex Group. BBVA Asset Management has committed to participate as the first investor and initial exclusive distributor for institutional portfolios of this new tokenized share class.
According to the firms, the launch marks a significant milestone in the evolution of private markets accessibility, leveraging blockchain-based distribution models to deliver a more efficient, transparent, and flexible investment experience. The tokenized share class will be available through the Allfunds platform and supported by Allfunds Blockchain as the technology provider and Apex Group as transfer agent, enabling end-to-end digital subscription, administration, and servicing.
In addition, as part of the agreement, BBVA Asset Management will benefit from a three-month exclusive distribution period, reinforcing the asset manager’s commitment to innovation and its active role in exploring new digital distribution models for private market assets in Europe.
A New Milestone
With this launch, Hamilton Lane expands its track record of broadening institutional access to private markets through technological innovation and continues to play a pioneering global role in the tokenization and digitalization of private market products.
Hamilton Lane GPA is an evergreen fund designed to provide investors with diversified exposure to private markets through a single investment commitment.
“As part of our ongoing effort to expand access to private markets through technology, the launch of this tokenized share class brings the diversification benefits of private markets to investors in a more cost-effective, better, and faster way. Working with established partners such as Allfunds Blockchain and Apex Group has enabled us to deliver an efficient and scalable solution, and we are pleased to welcome BBVA as the first investor in this initiative,” said Victor Jung, Head of Digital Assets at Hamilton Lane.
For Ruben Nieto, Managing Director at Allfunds Blockchain, the project demonstrates how blockchain can deliver real and tangible efficiency improvements to the fund industry. “Our collaboration with Hamilton Lane and Apex Group enables a new digital operating model that simplifies distribution, enhances transparency, and ultimately benefits both managers and investors. We are proud to help bring this market milestone to life,” he said.
BBVA Asset Management emphasized its commitment to driving innovation in financial services: “This initiative reflects our conviction in the potential of tokenization to enable more efficient access to sophisticated investment opportunities. We are pleased to participate as the first investor and distributor of this new tokenized share class and to continue exploring digital solutions that can enhance the client investment experience.”
Finally, Peter Hughes, Founder and CEO of Apex Group, stated: “Tokenization is transforming the way investors access private markets. At Apex Group, we are building the digital infrastructure that enables this shift at scale. Working with leading partners such as Hamilton Lane and Allfunds is helping us deliver a more efficient and transparent model for investor access.”
