Human beings have proven themselves to be good at a myriad of different things, but at the same time, there is little we do better than growing on a consistent basis. This progressive tendency, on our part, has got us to hit upon some huge milestones, with technology appearing as a major member of the stated group. The reason why technology enjoys such an esteemed stature among people is, by and large, based on its skill-set, which ushered us towards a reality that nobody could have ever imagined otherwise. Nevertheless, if we look up close for a second, it will become clear how the whole runner was also very much inspired from the way we applied those skills across a real world environment. The latter component was, in fact, what gave the creation a spectrum-wide presence, and consequentially, kickstarted a tech revolution. Of course, this revolution then went on to scale up the human experience through various unique avenues, but even after achieving such a monumental feat, technology will somehow continue to produce the goods. The same has turned more evident in recent times, and assuming a newly-launched solution works out just like we envision, it will only make that trend bigger and better moving forward.
RealBlocks, a technology platform for alternative investments that provides an end-to-end digital investing process and secondary trading, has officially launched a new liquidity solution named Queue Protection for alternative investment funds. According to certain reports, Queue Protection is designed to help private funds in dealing against mounting liquidity pressure and make the whole investment process a lot easier than it looks right now. But how will the arrangement work on a more practical note? Well, by leveraging Queue Protection, RealBlocks will be able to set up a white-label solution that provides asset managers a fully digital investing and secondary trading process, and it will be able to do so within a timeframe of just 60 days. Another feature worth a mention here is how the technology can offer access to a range of different purchasers, such as Secondaries managers and other Limited Partners (LPs) of the fund. Having said that, though, the authority to control permissions regarding who can or cannot participate in these transactions still remains with the General Partner (GP). Interestingly enough, there is also a proprietary secondary marketplace in play here, a marketplace which gives GPs a fully-permissioned, dark pool trading environment, thus empowering them to have complete power over every single transaction that is conducted on the platform. If the stated value doesn’t quite cut the deal, it must be noted that these dark pool of transactions are non-discoverable and will not impact the fund’s NAV.
“With many firms looking for additional ways to provide liquidity for investors, we set out to deliver a solution for clients and managers that leverages our unique secondary trading technology,” said Perrin Quarshie, CEO of RealBlocks. “Our platform already has a built-in secondary trading mechanism, and that has allowed us to quickly respond with this product offering specific to current market conditions.”
Founded in 2019, RealBlocks’ rise to prominence has been a ripple effect of its success in disrupting a complex, expensive, and lengthy process for distributing private equity and alternative investments. You see, under a more traditional method, alternative Investment asset managers would distribute funds by manually setting up front, middle, and back-office functionality every time, for every fund, an approach that often restricts access to the largest investors. RealBlocks, however, takes on the issue with a technology which makes it possible for front, middle, and back office functionality to be set up once and used across all of manager’s funds. Such a concept has transitioned the world to a reality where any fund is now accessible to any investor in any geography.
“We’re excited to offer asset managers an enhanced opportunity to fulfill redemption requests and improve the investor experience,” Quarshie said. “We believe our technology can provide immediate and ongoing value to both asset managers and investors in private funds who are concerned about illiquidity in the current environment.”
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