Hamilton Lane will offer a private infrastructure fund in tokenised form on the Republic platform.
The private markets investment manager announced it will be using tokenisation to “bring institutional quality private market investments to retail investors”.
Victor Jung, head of digital assets at Hamilton Lane, said: “We believe the evolution of the private markets industry, broadly, will be driven by technological innovation – including tokenisation – spurred by retail demand for different structures, lower minimums and easier access.”
Hamilton Lane said infrastructure is one of the fastest growing asset classes within private markets and its focus is on capital-intensive fixed assets with high barriers to competitive entry and pre-contracted cash flows that run for 10-15 years.
The company’s infrastructure investments include hyperscale data centres, major international airports, natural gas pipelines and critical infrastructure assets.
Republic – its New York based platform partner of choice – is a specialist in facilitating retail investments in crypto, start-ups and tokenised assets.
“These types of assets have long been limited to institutions and high-net-worth investors,” said Andrew Durgee, co-chief executive officer of Republic.
“We believe that the tokenisation of real-world assets, including through our industry leading blockchain-based architecture, is the key to bringing institutional-grade private market investments like private infrastructure to everyone, including non-accredited investors.
“Today’s partnership between Hamilton Lane and Republic puts us at the forefront of expanding access to the private markets.”
Hamilton Lane is a major player in private markets investment with more than 740 employees working in Europe, Asia, America and the Middle East. It has more than $956 bn in assets under management and supervision.
