Sun, Jun 26, 2022
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

ADDX, Temasek's Fullerton partner to tokenize PE fund of funds

Thursday, May 12, 2022

Laxman Pai, Opalesque Asia:

Singapore-based private market exchange ADDX has partnered with Temasek subsidiary Fullerton Fund Management to list Fullerton's private equity fund of funds (FOF) on its digital platform.

The Fullerton Optimized Alpha Fund is a closed-end fund targeting 8% to 12% in returns per annum over its seven-year fund life, said a press release from Fullerton Fund Management Company, a subsidiary of Temasek, which is a Singaporean state holding company.

The fund will be invested in a portfolio of six to eight private equity and private credit funds.

From a field of over 20,000 funds, Fullerton arrives at the final list of funds following a rigorous and proprietary method of fund selection that focuses on blue-chip managers with a proven track record of consistent investment strategy and performance across market cycles, said the release.

According to the company, the underlying assets of the fund will be diversified by geography, across North America, Europe, and Asia, and by strategy, across buyout, growth, secondaries, and private or distressed credit. The fund will focus on thematic sectors, such as defensive, tech-enabled, new economy, post-COVID-19 dislocation, and recovery as well as ESG-aligned sectors.

As a result of efficiencies from tokenization, accredited individual investors on ADDX were able to access the Fullerton fund at a minimum size of US$10,000, instead of the US$250,000 required through traditional, non-tokenized chann......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Alts managers sitting on over $2.5tn+ of dry powder[more]

    Laxman Pai, Opalesque Asia: In the current rising interest rate environment, investment activity in the private markets has continued to grow, revealed a study. "With alts managers sitting on over $2.5T+ of dry powder and continuing to enjoy premium valuations and interest rates on a prec

  2. Satori Capital intros energy transition fund, a long/short equity strategy[more]

    Laxman Pai, Opalesque Asia: Dallas-based alternatives manager founded on the principles of conscious capitalism, Satori Capital has launched Satori Environmental, a long/short equity strategy that primarily invests in securities impacted by the global energy sector's shift from fossil-based s

  3. The Big Picture: With the war, E, S, and G have collectively moved back to the fore[more]

    B. G., Opalesque Geneva: In this interview, Dr. Patrick Welton, founder and CIO of Welton Investment Partners, offers his observations on the major macro themes expected to affect the comm

  4. Other Voices: The selloff is overdone[more]

    Authored by Heeten Doshi, founder of Doshi Capital Management. Anyone who is still bearish and calling for more downside is foolish. The selloff is overdone. To point to further declines from here is poor risk management. With the Nasdaq 100 down 22% and S&P 500 down 13% for the year

  5. Other Voices: ESG exuberance is at all-time highs. But will investors buy?[more]

    As investors increase their focus on mission-based investing, they continue to grapple with ESG and what it means to them. By David Shalom, Director of Capital Introductions at Pershing Innovation. New investment solutions. That's how managers deliver value and attract new inve