Franklin Templeton, a global investment leader, today announced the launch of its Private Markets Model Portfolios, developed in collaboration with Corastone, a digital infrastructure platform and permissioned blockchain network designed to streamline, automate, and scale private market investments. The Private Markets Model Portfolios are designed to help financial advisors more efficiently incorporate private market investments within a professionally managed portfolio framework. “This launch reflects the evolution of private markets in client portfolios and the need for structures that allow advisors to implement those allocations efficiently,” said George Stephan, Chief Operating Officer, Global Wealth Management Private Markets at Franklin Templeton. “By supporting a single-ticket, SMA-style structure, these model portfolios are designed to help reduce operational complexity and improve scalability, while enabling advisors to implement diversified private market exposure within a professionally managed portfolio framework.” Franklin Templeton’s Private Markets Model Portfolios are designed to extend the model portfolio framework to private markets, offering diversified, multi-asset exposure within an SMA-style, single-subscription structure that lowers the minimum investment per fund and helps deliver a diversified exposure to private markets. The model portfolio framework combines Franklin Templeton’s global investment capabilities across public and private markets with technology enabled by Corastone’s infrastructure. The integrated solution is designed to streamline key operational aspects of private market investing — including subscription processing, rebalancing, portfolio administration, and ongoing management — while maintaining transparency and direct ownership of the underlying funds. Through the model portfolios, clients gain direct exposure to underlying private market funds rather than accessing them through pooled fund-of-funds structures, supporting enhanced transparency, more frequent rebalancing cycles, and flexibility within client portfolios, subject to applicable fund terms, liquidity provisions, and suitability considerations. “Private markets have historically been difficult to scale across advisor-managed model portfolios due to operational complexity and fragmented workflows,” said Rashad Kurbanov, Co-Founder and CEO of Corastone. “This solution combines Franklin Templeton’s investment capabilities with Corastone’s infrastructure, making it easier for advisors to implement and manage diversified private market allocations within client portfolios.” Franklin Templeton offers a diversified private markets platform that brings together a range of specialized investment managers. This includes Lexington Partners, focused on private equity secondaries and co-investments; Clarion Partners, specializing in private real estate; and Benefit Street Partners, a leader in private credit. The platform is further complemented by Franklin Ventures, hedged strategies, and digital asset capabilities, providing investors with broad access across alternative asset classes.

Corastone, the hyperscaler for private-market investing, today announced Fidelity Investments, Future Standard, and Hamilton Lane (Nasdaq: HLNE) as investors in Corastone and its alternative-investing operating platform. This growing institutional participation builds on Corastone’s recent platform launch and comes as demand for private markets investments expands across investor types. As global private markets investment activity and volumes rise, firms are increasingly seeking transaction technologies that can perform at scale while meaningfully lowering operational friction and manual interventions. Corastone, through its proprietary private, permissioned blockchain network, is increasingly functioning as the shared network infrastructure and data standard for private markets workflows — replacing legacy file-based processes and point-to-point integrations with a single solution that supports straight-through processing for all market participants. “As access to private markets continues to scale, firms need standardized, digital infrastructure that supports higher volumes and more complex structures without adding operational burden,” said Hamid Gayibov, Co-Founder and President of Corastone. “Corastone was built to serve as a common operating layer for the ecosystem, and adding Fidelity, Future Standard and Hamilton Lane reflects how the industry is coalescing around shared, enterprise-ready infrastructure. Our goal is to help investors of all sizes access private market assets as efficiently and reliably as public markets.” Unlike legacy approaches that rely on multiple disconnected systems and point-to-point integrations, Corastone connects general partners, wealth managers, and administrators on a single, shared private markets platform. This unified architecture helps firms scale activity across asset types and volumes without increasing operational complexity. “We are thrilled to see the Corastone platform live with such a distinguished group of industry leaders,” said Rashad Kurbanov, Co-Founder & CEO at Corastone. “This milestone validates our vision for how private markets should operate: faster, more transparent and ready to scale. We look forward to powering innovation and efficiency for all market participants.” Client Quotes: * Future Standard – “As private markets continue to expand across wealth and institutional channels, we saw a need in the marketplace for an infrastructure technology that connects the various point-to-point systems used by investors and enables true straight-through-processing of transactions. We adopted Corastone because it provides a modern, scalable approach to delivering this connective layer for the industry, and does so in a way that improves transparency, controls, and investor experiences. Our decision to invest reflects our confidence in the platform’s long-term role in facilitating the growing demand for private markets investments.” – Hari Moorthy, Chief Technology Officer at Future Standard * Hamilton Lane – “We’ve seen firsthand how operational complexity can limit participation in private markets, and have prioritized building or investing in technology that aims to enhance transparency and efficiency. Corastone’s platform removes that friction, which we believe will help unlock the industry’s next growth phase.” – Griff Norville, Head of Technology Solutions at Hamilton Lane With Fidelity Investments, Future Standard and Hamilton Lane investing in the platform, Corastone’s institutional footprint continues to expand. This follows recent momentum across the ecosystem, with participants such as Apollo, Franklin Templeton, KKR, and Morgan Stanley using Corastone’s technology to modernize private market distribution.

* Apollo, Franklin Templeton, KKR and Morgan Stanley are the first clients to join the platform * Permissioned blockchain technology that substantially reduces transaction times and operational friction to support expanded private market access Corastone, the hyperscaler for private market investing, today announced that its platform is now live with Apollo, Morgan Stanley and a leading transfer agent supporting the process with integrated services, with Franklin Templeton and KKR set to follow. As exposure to private markets becomes increasingly popular, broader participation will be achieved by continuing to streamline processes and lowering costs. Corastone’s digitally native and efficient infrastructure connects all participants in the investment lifecycle with end-to-end automation, real-time data and unparalleled speed and scalability. Through partnerships with leading institutions, Corastone is transforming the client experience for alternatives by condensing manual workflows. Built on permissioned blockchain technology, Corastone serves as the new fabric of the private markets, delivering smoother counterparty access and institutional-quality security and accuracy. By concentrating exclusively on digital infrastructure, Corastone provides technology that is neutral and conflict-free, ensuring its platform operates in full alignment with the interests of every participant. Unlike legacy solutions that require multiple systems and point-to-point integrations, Corastone connects general partners (GPs), wealth managers and fund administrators on a single shared platform. With subscriptions already live on the platform, Corastone’s technology streamlines onboarding and automates transaction workflows, enabling asset managers to innovate faster, wealth managers to expand client access, and fund administrators to achieve greater operational scale. Capabilities for handling capital calls, valuation updates, redemptions and transfers will follow. With all participants working from a common data and transaction layer, the platform also reduces operational risk and supports the development of new private market investment products and distribution models. “We are thrilled to see the Corastone platform live with such a distinguished group of industry leaders,” said Rashad Kurbanov, Co-Founder & CEO at Corastone. “This milestone validates our vision for how private markets should operate: faster, more transparent and ready to scale. We look forward to powering innovation and efficiency for all market participants.” Client Quotes: * Franklin Templeton – “As private markets solutions continue their trajectory toward mainstream adoption, it is imperative that our industry evolves to deliver a more streamlined, efficient, and client-centric experience. Advancing automation, standardization, and operational efficiency will be essential to this transformation. We believe Corastone’s technology will be a key driver of this progress, and we are excited to partner with them to reduce friction across the private markets ecosystem and to deliver improved outcomes for private markets investors.” – George Stephan, Global Chief Operating Officer – Private Markets Wealth Management * KKR –”Innovations in product structure are making high-quality private markets investments more accessible, but complex operational processes continue to create barriers to entry, ultimately impacting the investor experience. We are pleased to collaborate with this group of industry leaders to support Corastone’s growth in unlocking greater participation in the private market ecosystem.” – Doug Krupa, Head of Global Wealth Solutions in the Americas * Morgan Stanley – “As the private markets space has become more ubiquitous among investors, we’re focused on breaking down barriers to deliver innovative investment solutions to our clients. Working with Corastone on this new initiative that unlocks efficiencies for our teams aligns with that commitment. ” – Alison Nest, Head of Investment Solutions Products For additional information, see “Alternatives at Hyperscale: A Practical Guide to Closing the Infrastructure Gaps in Private Markets,” HERE.

/PRNewswire/ -- Corastone, the hyperscaler for private-market investing, today announced a partnership with UMB Fund Services, Inc. (UMBFS), a subsidiary of...

The asset manager partnered with Corastone to build portfolios across private equity, credit, real estate and infrastructure strategies

Corastone co-founder Hamid Gayibov discusses how the firm connects private market players to digitize transactions and reduce operational inefficiencies

KKR, Apollo invest in Corastone blockchain platform that streamlines private market transactions

Corastone has teamed up with UMB Fund Services to integrate a permissioned blockchain network, enhancing operational efficiency in alternative investments. This collaboration streamlines processes and data exchange, benefiting clients like StepStone.

Corastone's latest investment platform sees major players like Fidelity and Hamilton Lane joining forces to revolutionize private market channels, enhancing accessibility and efficiency.

Corastone's newly launched platform assists renowned institutions like Apollo and Morgan Stanley in simplifying private market investment processes and enhancing accessibility.

Two new funding rounds for Corastone and Zcash Open Development Lab show blockchain infrastructure maturing for real‑world scale, private markets, and privacy‑first payments. Two very different rounds announced this week point in the same direction: blockchain infrastructure is being rebuilt…

UMB Fund Services links to Corastone’s private ledger, with StepStone first to use it. The setup streamlines subscriptions and recordkeeping.

Two new funding rounds for Corastone and Zcash Open Development Lab show blockchain infrastructure maturing for real‑world scale, private markets, and privacy‑first payments. Summary Corastone raised backing from Fidelity, Hamilton Lane and others to run a private, permissioned blockchain as shared infrastructure for private‑market workflows.​ Zcash Open Development Lab secured over $25m from Paradigm, a16z crypto, Winklevoss Capital and others to scale Zcash’s privacy ecosystem.