Fund interests, without the fund friction.

The Opportunity

Why fund managers are digitizing interests

• Subscription at software speed. Investor onboarding, eligibility verification, and document execution in one digital flow — days become hours.
• Automated waterfalls. Distributions computed and executed against a definitive holder ledger, with every payment traceable.
• Cleaner transfers. Where fund documents permit secondary transfers, programmable interests enforce the manager's consent rights and eligibility rules automatically.
• Transparent reporting. Holdings and transaction history visible to each investor in real time, reducing the reporting burden on the manager.
• A wider qualified audience. Lower administrative cost per investor makes smaller minimums economical, allowing funds to serve qualified investors previously priced out — including cross-border and diaspora capital.

Structures we advise on

Tokenization is structure-agnostic: Delaware limited partnerships and LLCs, feeder vehicles for international investors, and parallel funds can all issue digitized interests. In the U.S., offerings typically proceed under Regulation D for accredited investors and Regulation S offshore, with fund-specific regimes (such as 3(c)(1) and 3(c)(7) exclusions under the Investment Company Act) determined by fund counsel. Real-asset and credit strategies — where distribution automation and transparency matter most — have been the earliest natural fits.

What we do — and don't do

Financial Agency Group advises fund sponsors on tokenization strategy, structure selection, platform and provider evaluation, and program sequencing, and we coordinate the specialized fund counsel, administrators, licensed transfer agents, and technology providers a compliant program requires. We are not a fund manager, administrator, or placement agent; investment management and distribution functions remain with appropriately licensed and regulated parties.