InvestCorp and Singapore’s ADDX to Expand Use of Digital Securities in Private Markets

Investment management company Investcorp and Singapore’s private capital exchange ADDX have teamed up to further expand the use of digital securities in the private markets.

The first product that been introduced under the partnership is a diversified portfolio of US residential properties from the Sunbelt Multifamily Portfolio that was offered by Investcorp (starting back in 2012).

After the close of primary subscription, the fund had been listed on the ADDX Exchange for secondary trading in July 2021. Investors on ADDX can participate in the fund with a minimum amount of $20,000 which is considerably lower than the $500,000 usually needed for private real estate funds.

The partnership between Investcorp and ADDX will aim to explore potential joint initiatives in areas including private equity, real estate, credit management, absolute returns investments, strategic capital, and infrastructure.

Investcorp is reportedly expanding its presence in Asian markets, having invested around $500 million in the region’s ecosystem during the last 18 months. The firm has invested in key areas like technology development, healthcare and services related to consumer consumption.

The company might make more opportunities available via ADDX’s regulatory compliant digital securities platform, which serves accredited investors from 27 different nations that are based in the Asia Pacific, Europe, and the Americas.

Established in 2017 as iSTOX, the exchange recently rebranded itself to ADDX and is now being  fully regulated by the Monetary Authority of Singapore (MAS).

Oi Yee Choo, Chief Commercial Officer of ADDX, stated:

“The beauty of this new partnership lies in the fact that Investcorp and ADDX are both experts in the private markets – and yet we do have different geographical and commercial focus areas. When we combine our strengths, there is a fresh dynamism – an exciting, invigorating prospect.”

YC Tang, Vice President, Investor Relationship Management, Asia at Investcorp said:

“We are pleased to have this partnership with ADDX to provide the segment of underserved investors with an array of diversified alternative investment products through a secure and an efficient platform. The Sunbelt Multifamily Portfolio is the first product we offered under this partnership, and we look forward to potentially offering more through this innovative platform, to meet the demands of a growing global marketplace.”

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