NEW YORK, March 02, 2022–(BUSINESS WIRE)–RealBlocks, an alternative investment platform that provides global distribution capabilities to fund managers, announces that LaSalle Investment Management (“LaSalle”) has selected RealBlocks to hedge $77 billion in the company’s global real estate business. RealBlocks will be used to manage investor onboarding, KYC/AML and electronic document signing to facilitate a seamless digital experience for underwriting all of LaSalle’s institutional funds.
“RealBlocks is a game-changer in real estate and alternatives due to its ability to provide a holistic strategy that addresses the entire lifecycle of the investor onboarding process,” said Jodi Akers, Managing Director of the room. “Partnering with RealBlocks to bring their technology solution to our private equity business to optimize the onboarding of our global investors aligns with our digital transformation goals of continuing to improve our clients’ experience and to strengthen our operational efficiency and we were able to launch a large-scale global employee co-investment program in LaSalle by leveraging this platform.”
“While alternative investments have traditionally been limited by high barriers to entry such as geographic limitations, high minimums and illiquidity, we set out to address these issues by leveraging our technology to create a better alternative for our customers,” said Perrin Quarshie, CEO. from RealBlocks. “We achieve this by providing the industry’s first white label platform that enables turnkey global online distribution and straight through processing with all the functionality needed for fund distribution, training and administration. The partnership with LaSalle marks a major milestone for RealBlocks and the digital transformation of the real estate and alternatives industry.”
The RealBlocks platform uses Web3 Blockchain technology which helps improve secondary trading, reduce costs and increase international distribution capabilities by creating incorruptible records and documentation.
“While many companies have expressed immense interest and commitment to eventually adopting blockchain technology, we are proud to already use distributed ledger technology within the RealBlocks platform for our customers,” Quarshie said. “We strongly believe that the efficiencies offered by RealBlocks through the use of this technology uniquely position our business to fundamentally reshape the alternative investment experience for fund managers and their investors.”
Founded in 2017 in New York, RealBlocks has built the most advanced alternative investment experience for fund managers and their investors worldwide through its online platform. RealBlocks is a pioneer in using Web3 Blockchain technology to provide a fully digital, white-label solution for today’s fund managers who want to expand their company’s investor base by enabling them to offer more funds in more locations with lower investor minimums.
The company’s software-as-a-service infrastructure platform is designed for global scale and uniquely consolidates all front, middle and back office functionality into an easy-to-use online interface. RealBlocks reduces operational expenses, provides the technology to expand distribution globally, and provides a powerful tool for integrated secondary commerce. For more information, please visit http://www.realblocks.com, or visit our LinkedIn.
About LaSalle Portfolio Management
LaSalle Investment Management is one of the world’s leading real estate investment managers. Globally, we manage approximately $77 billion in private equity, debt and public real estate investment assets as of Q3 2021. The company sponsors a full suite of investment vehicles, including open-end funds and closed, separate accounts and indirect investments. . Our diverse client base includes public and private pension funds, insurance companies, governments, corporations, endowments and individuals around the world. For more information, please visit www.lasalle.com and LinkedIn.
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