Cantor Fitzgerald Transitions 50 Alts Funds to LODAS’ Transfer Agent Platform
Global financial services giant Cantor Fitzgerald has selected LODAS Markets – a web-based marketplace for the secondary trading of illiquid real estate and alternative investments – to support a majority of its alternative investment funds. Through this collaboration, Cantor Fitzgerald will transition 50 alternative investment funds to the LODAS transfer agent platform.
LODAS, which stands for Liquidity On Demand As a Service, seeks to provide all investors – from individuals to sponsors to large funds – with liquidity on their terms.
The LODAS transfer agent platform combines integrated subscription processing, automated operations and payment services, and API-driven connections to third-party financial technology companies, intermediaries, and banks. According to LODAS Markets, its approach eliminates errors, reduces costs, and simplifies alternative investing from onboarding through investor exits.
“We are always focused on delivering the best possible experience for our advisers and investors,” said Jay Frank, president of Cantor Fitzgerald Asset Management. “We are excited to work with LODAS. This connectivity allows us to scale more effectively while improving the overall investor and adviser experience across our alternative investment offerings.”
According to LODAS Markets, the new relationship reflects its commitment to modernize the alternatives industry through innovative and technology-driven solutions. The LODAS Transfer Agent Platform eliminates manual inefficiencies that have long plagued private markets.
“This collaboration represents a watershed moment for alternatives,” added Brian King, chief executive officer of LODAS Markets. “We are excited to work with Cantor Fitzgerald Asset Management to power every stage of the lifecycle, from onboarding to exits, with seamless digital-first solutions that reduce friction and enhance investor confidence.”
Cantor Fitzgerald’s Frank recently joined a webinar discussion among industry leaders regarding the increasingly pivotal role technology is playing in the evolution of alternative investments.
Also, in March, Cantor Fitzgerald announced the close of Cantor Silverstein Opportunity Zone Trust II after raising more than $470 million in equity.
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