New kids on the Block
Private equity shops are fast becoming the new kids on the block(chain) as they seek to widen out their investor base by tokenising their funds. Hamilton Lane, Partners Group and now KKR have all taken the move to launch funds on fintech platforms, signalling that this exclusive, hard to access asset class, is fast embracing democratisation. And could, if successful, provide a crucial link for retail investors keen to gain exposure to private markets. Much will depend on the technology’s ability to handle smaller, more frequent capital calls. But assuming blockchain rises to the challenge, private equity could soon find it has a number one hit on its hands #topoftheblocks
