ChainCatcher reported that according to CoinDesk, alternative asset management company Investcorp and Securitize have signed a cooperation agreement to promote fund tokenization. The two companies will initially develop tokenized funds within Investcorp's Strategic Capital Group (ISCG), which manages $1.5 billion in assets and was established in 2019.
ISCG specializes in acquiring minority stakes in alternative asset managers (GPs) and has partnered with mid-sized GPs across buyout, secondaries, structured equity, private credit and real asset strategies. This partnership allows accredited investors to leverage GP pledge strategies through Securitize’s tokenization technology and expand access to emerging private markets using the efficiencies of blockchain.
Investcorp has previously been an active player in the cryptocurrency space. In 2022, the firm poached ING’s former head of digital assets, Herve Francois, to help build its first blockchain fund. Since then, the firm has led or invested in multiple funding rounds for cryptocurrency companies.
