CNPLaw LLP (“CNP”) acted as a lead counsel for the successful launch of Fraxtor Capital SPC (“Fund”), a Cayman Islands domiciled segregated portfolio company with an investment focus in real estate investment opportunities. The Fund employs a blockchain-enabled co-investment platform for investors to invest in “byte-sized” global real estate investment opportunities otherwise out of reach. The Fund has successfully launched its first segregated portfolio focused on the development of a residential real estate investment project in Singapore. The Fund is only offered to high net worth persons.
The Fund is managed by Fraxtor Capital Pte. Ltd. (“Manager”) which comprises of seasoned real estate investors well known within the industry. The Fund will be able to tap on the Manager’s wide networks and deep expertise in real estate investment.
Mr Amit R. Dhume, Partner at CNP said:
“We are pleased to be part of the process of changing the real estate investment space by decentralising international real estate investment opportunities and making it accessible to a wider range of investors based on blockchain technology. We believe technology will be a key disrupter in the investment funds space as more and more people become tech-savvy.”
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Amit’s practice focuses on corporate law, investment funds, mergers and acquisitions and regulatory and compliance matters. He has over 15 years’ experience in these areas of law. Amit’s expertise has been recognised in Legal 500 Asia Pacific, 2020 as “Recommended Lawyer for Corporate and M&A as well as Investment Funds”. In December 2016, Amit was named by Singapore Business Review as one of the 70 most influential lawyers in Singapore under the age of 40.