Private debt exposure on the blockchain: UK first as Whitehall Capital partners with US leading digital securities marketplace
Published By Pressat [English], Mon, Apr 11, 2022 12:00 AM
Monday, 11 April 2022: Whitehall Capital is offering an innovative approach to holding investments within its specialist bridge financing fund, Whitehall Capital Management Limited. Whitehall Capital has struck an agreement with US-based digital asset securities marketplace, Securitize, enabling investors in the Whitehall bridge lending fund to hold their units in the fund as blockchain tokens.
Using the Securitize platform, Whitehall investors will now be able to buy and sell units in the fund, trading their holdings securely with other investors. Whitehall Capital is the first UK-based company to engage with Securitize in this way.
Commenting on the initiative, Anthony Bodenstein, Managing Partner at Whitehall Capital said: “Our partnership with Securitize gives our investors an innovative new way to interact with us as the investment manager, and with other investors in the fund.
“When investors register on the Securitize platform (which can be done here: they will see their investment as a number of tokenised units. They can see how their investment is performing – giving them greater visibility than they have at present – and trade units with other investors, posting on the portal that they wish to buy or sell. Investment reports and other information will also be loaded to the portal.
“As there is currently no secondary market for investments in Whitehall Capital, we anticipate investors will quickly take to the benefits of working with this easy-to-use and interactive platform and holding units in this way. This will be one of the first blockchain tokens backed by loans that are secured by property assets in the real world, delivering an income of 8% to 10% per annum. Securitize delivers a secure platform available to new and existing investors alike. We believe it will have a particular appeal for tech-savvy, early adopters and look forward to welcoming many new clients to the fund.”
“Securitize is pleased to partner with Whitehall Capital by serving as the transfer agent”, said Jamie Finn, President of Securitize, Inc. “As a transfer agent, Securitize is responsible for issuing tokenized shares in Whitehall Capital Management Limited, providing them to shareholders, tracking transaction activity, and ensuring all of this is securely recorded on the blockchain. We look forward to working with Amram Capital which owns Whitehall Capital and its team.”
For further information, please contact Turquoise PR:
Whitehall Capital (www.whitehalllending.com) is a specialist provider of bridging loans, short-term and auction finance, offering a range of short-term, flexible, bespoke property funding solutions. The company has been operating in the UK residential and commercial real estate markets for more than a decade, leveraging its well-established network of HNW individuals, family offices and hedge funds for funding – tapping the wider market as required. Whitehall is wholly owned by Amram Capital, 100% self-funded and fully independent.
Launched in 2017, specialist bridge financing fund, Whitehall Capital Management Limited, is an open-ended Experienced Investor Fund (‘EIF’), incorporated in Gibraltar – a specialist real-estate backed bridge finance vehicle, managed by proven property experts. It seeks to achieve capital growth by providing property backed loans to individuals and/or companies. The fund invests primarily in the UK market with a conscious bias towards big cities, though it is also able to lend to individuals and businesses in other jurisdictions. The fund has a minimum investment of £100,000.
Whitehall Capital is headed by Anthony Bodenstein, who has more than 20 years’ experience in the wealth management and asset management industry. The company is located on Hill Street at the heart of London’s Mayfair district.
Securitize (https://securitize.io/) is a digital asset securities marketplace, with a mission to provide investors with access to invest in and trade alternative investments, and for companies to raise capital and offer shareholder's liquidity. Securitize has pioneered a fully digital, regulatory compliant, end-to-end platform for issuing, managing and trading digital asset securities, with over 200 businesses and nearly 400,000 investors already connected, and nearly $500 million in current-value digital asset securities issued on the Securitize platform.
Securitize is comprised of Securitize, Inc. and its subsidiaries Securitize, LLC (an SEC-registered transfer agent), Securitize Capital, LLC, and Securitize Markets, LLC (an SEC-registered broker-dealer, member of FINRA and SIPC, and operator of the company’s alternative trading system, Securitize Markets). The Company is headed by CEO, Carlos Domingo.
Issued by Turquoise PR on behalf of Whitehall Capital Management Limited, part of Amram Capital (UK) LLP, which is authorised and regulated by the Financial Conduct Authority with FRN 744928. Registered address: Devonshire House, 1 Devonshire Street, London, W1W 5DR.
Press release distributed by Media Pigeon on behalf of Pressat, on Apr 11, 2022. For more information subscribe and follow