Apex harnesses the power of blockchain to open access to the world’s private market funds

Apex Group has become the first transfer agent and fund services provider to manage regulated securities using blockchain as a register.

This approach gives global private market funds access to a more diverse and significantly larger pool of qualified investors.

Apex Group has partnered with Hamilton Lane and Sygnum Bank to create a new digital share class and DLT registry for the Hamilton Lane GPA Fund, automating and integrating previously separate fund management functions. Tokenization of the Fund creates a digital share class and a DLT registry to manage its distribution and management.

Apex Group is regulated by the Luxembourg Financial Supervision and Surveillance Commission (CSSF) and is responsible for investor onboarding (AML/KYC), subscriptions, administration and the fund’s traditional and now digital equity Manages class transfer agency. Apex Group plans to increasingly utilize this operating model for all of its wealth management customers, enabling them to sell more products.

Apex Group chief executive Peter Hughes (pictured) said: “This is a major transformation for Apex Group, and the industry as a whole. We are focused on disrupting traditional practices to drive positive change across the financial services industry, and this is a step forward for industry advancement. This is an example of optimizing technology for

Bruce Jackson, CFA, Head of Digital Asset Funds and Business at Apex Group, also commented: We continue to perfect our framework operating model for the distribution of alternative asset funds, using blockchain as a subscription, onboarding, operations, management, and transfer agent platform. ”

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