LUCA Japan Co. Ltd and Xen Technologies Pte. Ltd. ("Xen Capital") have joined in a strategic partnership with each other to collaborate on a digital alternative investment platform specially for the Japanese market and source world-class alternative investment fund opportunities.
The Singapore-based Xen Capital will build and operate the platform infrastructure to facilitate product distribution, client management, quarterly reporting, and secure transaction settlement. LUCA Japan is aiming for the product to see a soft launch by the end of February 2022.
"We are pleased to launch this exclusive partnership with LUCA to bring global, top-tier alternative investment products to Japanese investors,” said Katrina Cokeng, CEO of Xen Capital.
“Our digital investment solution will address the many challenges and pain points that smaller institutional investors, distributors, and high-net-worth investors face in accessing these products. We look forward to collaborating with Keiko and her team, who bring extensive experience and knowledge of the industry.”
A member of the Fintech Association of Japan, LUCA Japan aims to make alternative investment more efficient and accessible for investors in Japan with a one-stop digital solution through various investment opportunities, such as private equity, venture capital, private credit, real estate, and infrastructure funds.
"Xen Capital's digital platform is a flexible solution for both B2C and B2B white-label customization which aligns with our business strategy,” said Keiko Sydenham, CEO at LUCA Japan, commenting on the partnership. “We believe we can build strong fund-sourcing capabilities by collaborating with each other in the region. With this partnership, we can introduce our platform to Japanese market quickly. We are very excited to work with the experienced team at Xen Capital."