LaSalle Investment Management selects technology provider RealBlocks for $ 77 billion global business

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NEW YORK–(COMMERCIAL LINE) – RealBlocks, an alternative investment platform enabling global distribution capabilities for fund managers, announces that LaSalle Investment Management (“LaSalle”) has selected RealBlocks to cover the company’s $ 77 billion 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 subscribing to all of LaSalle’s institutional funds.

“RealBlocks is a game changer in the real estate and alternatives industry due to its ability to deliver an all-encompassing strategy that addresses the entire lifecycle of the investor onboarding process,” said Jodi Akers, CEO of LaSalle. “Partnering with RealBlocks to bring their technology solution into our private equity business to optimize our global investor’s integration is in line with our digital transformation goals of continuing to enhance our client experience and enhance our operational efficiency. Additionally, we were able to launch a large-scale global employee co-investment program at LaSalle leveraging this platform. ”

“Although alternative investments have traditionally been limited by high barriers to entry such as geographic restrictions, high lows and illiquidity, we have decided to address these issues by leveraging our technology to create a better alternative for our clients,” said Perrin Quarshie. , CEO of RealBlock. “We do this by providing the industry’s first white label platform that enables turnkey global online distribution and direct processing with all the functionality needed for fund distribution, fund formation and fund administration. The partnership with LaSalle marks an important milestone for RealBlocks and the digital transformation of real estate and alternatives. ”

The RealBlocks platform uses Web3 Blockchain technology which enables greater secondary trade, lower costs, and greater international distribution capabilities by creating incorruptible records and documentation.

“While many companies have expressed immense interest and commitment in adopting blockchain technology, we are proud to already use distributed ledger technology within the RealBlocks platform for our clients,” Quarshie said. “We strongly believe that the efficiencies offered by RealBlocks through the use of this technology uniquely position our company to fundamentally reshape the alternative investment experience for fund managers and their investors.”

About RealBlocks

Founded in 2017 in New York City, RealBlocks has created the most advanced alternative investment experience for fund managers and their investors around the world through its online platform. RealBlocks is a pioneer in using Web3 Blockchain technology to offer a fully digital, white-label solution for today’s fund managers looking to expand their company’s investor base by allowing them to offer more funds in more locations with minimum investment. lower.

The company’s Software Infrastructure-As-A-Service platform is designed for a global scale and uniquely groups all front, middle and back office functionality into one easy-to-use online interface. RealBlocks reduces operating expenses, provides the technology to expand distribution globally, and provides a powerful tool for integrated secondary trading. For more information, please visit http://www.realblocks.com or visit our LinkedIn.

Information on LaSalle Investment Management

LaSalle Investment Management is one of the leading real estate investment managers in the world. Globally, we manage approximately $ 77 billion in private equity, debt and public real estate investment assets as of the third quarter of 2021. The company sponsors a full range of investment vehicles, including open and closed funds, segregated accounts and indirect investments. Our diverse client base includes public and private pension funds, insurance companies, governments, corporations, funds and individuals from around the world. For more information please visit www.lasalle.com And LinkedIn.

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