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BSP has advised Hamilton Lane in relation to the creation of an innovative share class to be maintained on a share register using blockchain-based distributed ledger technology (DLT) for their USD 3.8bn regulated Luxembourg fund (Hamilton Lane Global Private Assets Fund).
The new DLT-registered share class is part of a unique cross industry project announced by Sygnum Bank, Hamilton Lane, and Apex Group aiming at expanding global private market access to significantly larger and more diverse groups of qualified investors. Leveraging the power of the blockchain, the new DLT-registered share class automates and integrates traditionally separate functions, increasing both accessibility and efficiency.
This transaction builds on BSP’s long-standing...
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