Investcorp and private capital exchange ADDX – formerly known as iSTOX – announced today a long-term partnership to expand the use of digital securities in the alternative investment or private market space. The collaboration promises a more seamless, coordinated delivery of opportunities to end-investors and will benefit accredited corporate and individual investors, offering them easier access to opportunities that traditionally require high minimum ticket sizes.
The fund saw Investcorp raise US$150 million, that was invested in five multifamily complexes with over 2,200 units (Current occupancy rate: 95%).
Thanks to the efficiency of digital securities, the fund was made more accessible to accredited investors around the world. The minimum investment size via ADDX was reduced to $20,000, from the $500,000 typically required for private real estate funds.
Investcorp is one of the world’s leading investment managers, with an AUM of US$37.6 billion. It is the 3rd largest cross-border buyer of US real estate.
The fund is the first product under a new Investcorp-ADDX partnership to expand the use of digital securities in alternative assets. Both companies are experts in the private markets. Investcorp is expanding its Asia footprint, having invested about $500 million in the continent over the past 18 months.
