06.28.2024

Investcorp and Securitize Partner to Tokenize Funds

06.28.2024
Investcorp and Securitize Partner to Tokenize Funds

Investcorp, a leading alternative investment firm, and Securitize, the leader in tokenizing real-world assets, announced a strategic partnership to explore fund tokenization opportunities initially within Investcorp’s Strategic Capital Group (“ISCG”).

ISCG is focused on acquiring minority interests in alternative asset managers (GPs), particularly GPs who manage longer-duration private capital strategies. The group manages approximately $1.5 billion of AUM and has completed 12 investments since its launch in 2019, placing it among the most active GP stakes investors in the industry. ISCG has partnered with mid-sized GPs across buyout, secondaries, structured equity, private credit, and real asset strategies.

“This partnership with Securitize continues Investcorp’s strong legacy as an innovator in alternative investments,” said Anthony Maniscalco, Managing Partner, ISCG. “The use of tokenization technology has the potential to increase efficiencies for investors, and also provides for a new era of accessibility. Through this collaboration, Securitize is bringing access to the GP staking strategy for a wider range of investors.”

“In addition to partnering with Securitize in this breakthrough technology, we look forward to introducing our existing and future GP partners to this ecosystem as part of our broader GP development and value-add toolkit,” said Tim Osnabrug, Partner, ISCG.

According to Securitize, this partnership will enable qualified investors to access interests in GP staking strategy through Securitize’s innovative tokenization technology. In recent years, GP staking has become a highly sought-after strategy as investors seek to capitalize on the growth of private markets more broadly.

“We believe that Investcorp, as a global alternative investment manager, represents some of the most innovative thinking in the market,” said Carlos Domingo, Co-Founder and CEO, Securitize. “By tokenizing alternative assets, we are breaking down barriers and allowing individual investors to participate in opportunities that were previously out of reach. This partnership underscores our commitment to leveraging technology to unlock new financial possibilities.”

The tokenization of funds will be managed by Securitize’s digital transfer agent and offered through its digital asset management arm, Securitize Capital. The tokenized feeder fund will be available for investment on Securitize Markets, the firm’s broker-dealer platform. This partnership highlights the transformative power of blockchain technology in the financial sector, enabling fractional ownership and increased liquidity.

Source: Investcorp

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