Hamilton Lane Launches Tokenized GPA Share Class with Allfunds Blockchain and Apex Group; BBVA Asset Management Joins as First Investor with Exclusive Distribution for Institutional Portfolios

• Launch expands access, efficiency and transparency in private markets through tokenization

Madrid and London — Hamilton Lane (Nasdaq: HLNE), a leading global private markets investment firm, today announced the launch of a new tokenized share class to access Hamilton Lane’s Global Private Assets Fund (“GPA”), delivered in partnership with Allfunds Blockchain, the digital innovation arm of Allfunds, and Apex Group. BBVA Asset Management, a leading global asset manager, has committed to becoming the first investor and initial exclusive distributor for institutional portfolios in this new tokenized share class.

This launch marks a significant milestone in the evolution of private markets accessibility, leveraging blockchain-based distribution models to seek to deliver a more efficient, transparent and flexible investment experience for investors in Europe, the Middle East, Asia and Latin America. The tokenized GPA share class will be available through the Allfunds platform and supported by Allfunds Blockchain as the technology provider and Apex Group as transfer agent, enabling end‑to‑end digital subscription, administration and servicing.

As part of the agreement, initial investor BBVA Asset Management will benefit from an exclusive distribution period, reinforcing the bank’s commitment to innovation and to having an active role in exploring new digital distribution models for private market assets in Europe.

The initiative leverages the combined capabilities of Allfunds Blockchain and Apex Group to deliver:

• Operational efficiency across subscriptions, transfers and ongoing fund administration
• Reduced friction and lower costs in cross‑border distribution
• Greater flexibility in distribution models and shareholding management
• Enhanced transparency and auditability through blockchain technology

With this launch, Hamilton Lane builds on a track record of broadening access to private markets, including through technological innovation, and continues to play a pioneering role globally in the tokenization and digitalization of private markets products. GPA is an evergreen fund designed to provide investors with a diversified exposure to private equity through a single commitment. It seeks to generate capital appreciation over the medium- and long-term through investments in private assets globally, while solving for some of the challenges of a traditional private markets fund.

Juan Delgado, Co-CEO at Hamilton Lane, said: “Further advancing our effort to broaden access to private markets through technology, the launch of this tokenized share class seeks to bring the diversification benefits of private markets to new and existing audiences in a cheaper, better and faster way. Working with established partners like Allfunds Blockchain and Apex Group has enabled us to deliver an efficient and scalable offering, and we are pleased to welcome BBVA as the first investor in this initiative.”

Rubén Nieto, Managing Director at Allfunds Blockchain, added: “This project showcases how blockchain can bring real, tangible efficiencies to the fund industry. Our collaboration with Hamilton Lane and Apex Group enables a new digital operating model that simplifies distribution, enhances transparency, and ultimately benefits both managers and investors. We are proud to help bring this milestone to market.”

Belén Blanco, CEO at BBVA Asset Management, commented: “BBVA Asset Management is committed to driving innovation across financial services, and this initiative reflects our belief in the potential of tokenization to support more efficient access to sophisticated investment opportunities. We are pleased to participate as the first investor and distributor of this new tokenized share class and to continue exploring digital solutions that can enhance the investment experience for our clients.” 

Peter Hughes, Founder and CEO at Apex Group said: “Tokenization is transforming how private markets are accessed and distributed. At Apex Group, we are building the digital infrastructure that enables this shift at scale. Working with leading partners such as Hamilton Lane and Allfunds, we are helping to deliver a more efficient and transparent model for investor access.”

About Allfunds Blockchain

Allfunds Blockchain is part of the Allfunds Group (AMS: ALLFG). It develops advanced technology that fosters a secure, private, and robust data governance environment for financial institutions, while unlocking new capabilities to streamline, program, and automate processes through smart contracts.

About Hamilton Lane

Hamilton Lane (Nasdaq: HLNE) is one of the largest private markets investment firms globally, providing innovative solutions to institutional and private wealth investors around the world. Dedicated exclusively to private markets investing for more than 30 years, the firm currently employs approximately 785 professionals operating in offices throughout North America, Europe, Asia Pacific and the Middle East. Hamilton Lane has $1 trillion in assets under management and supervision, composed of $141.8 billion in discretionary assets and $905.3 billion in non-discretionary assets, as of March 31, 2026. Hamilton Lane specializes in building flexible investment programs that provide clients access to the full spectrum of private markets strategies, sectors and geographies. For more information, please visit our website or follow Hamilton Lane on LinkedIn.

About Apex Group

Apex Group is a global financial services provider supporting the growth and ambitions of asset managers, allocators, financial institutions, and family offices. The Group services over $3.5 trillion in assets across its global platform.

Established in Bermuda in 2003, Apex Group provides a unified, cross‑asset platform supporting the full investment lifecycle, underpinned by advanced technology and deep cross‑jurisdictional expertise. With more than 13,000 professionals across 52 countries, Apex Group leads the industry with a broad and unmatched range of services, including capital raising, business and corporate management, fund and investor administration, portfolio and investment administration, ESG, capital markets and transactions support, as well as digital and AI solutions. For more information, visit www.apexgroup.com

About BBVA Asset Management

BBVA Asset Management is BBVA’s investment management division, bringing together all of the Group’s asset management activities worldwide.

It stands as a global benchmark in the asset management industry, holding leading positions in Spain and maintaining a presence in Mexico, Peru, Turkey, Argentina, Colombia, Portugal, and Luxembourg.

Since its foundation in 1960, BBVA Asset Management has undergone significant evolution, adapting to market changes, innovating in its products and services, and maintaining a strong commitment to excellence in asset management and client satisfaction.

Today, BBVA Asset Management manages nearly €200 billion in assets and brings together more than 700 professionals, including 150 investment specialists with internationally recognized certifications in asset management and risk management. With more than 50 years of experience, the company has built a strong international footprint across Argentina, Colombia, Mexico, Peru, Turkey, the United States, Luxembourg, Spain, and Portugal.

As part of its commitment to innovation and digital transformation, BBVA Asset Management continues to explore new technologies and investment solutions that enhance efficiency, accessibility, and client experience across the value chain, including initiatives related to tokenization and digital assets.

With a strong international track record and a firm commitment to innovation, sustainability, and excellence in management, BBVA Asset Management continues to strengthen its position as one of the leading global players in the industry, supporting clients in achieving their long-term financial goals.