Leading asset managers to join new Corastone platform as investors alongside Apollo, Franklin Templeton and KKR
Rhea-AI Summary
Corastone announced on March 9, 2026 that Fidelity Investments, Future Standard, and Hamilton Lane (Nasdaq: HLNE) are investors in its private-markets operating platform. The move expands institutional participation alongside Apollo, Franklin Templeton, KKR, and Morgan Stanley and highlights demand for standardized, blockchain-based private-markets infrastructure that enables straight-through processing.
Positive
- New institutional investors: Fidelity, Future Standard, Hamilton Lane joined the platform
- Broader adoption: Platform already used by Apollo, Franklin Templeton, KKR, Morgan Stanley
- Standardized infrastructure: Private permissioned blockchain enabling straight-through processing
Negative
- No financial terms or investment sizes disclosed in the announcement
News Market Reaction – HLNE
On the day this news was published, HLNE declined 0.94%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Market Reality Check
Peers on Argus
HLNE was down 3.14% while key peers were mixed: STEP (-0.83%), AMG (-1.61%), JHG (+0.37%), OBDC (+0.09%), BXSL (+0.08%). Only AMG appeared in the momentum scanner, moving 2.45% higher, indicating stock-specific rather than sector-driven pressure.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Mar 01 | Geographic expansion | Positive | +1.8% | Appointment to lead Japan private wealth to expand evergreen strategy distribution. |
| Feb 10 | Data partnership | Positive | -0.8% | YCharts adding Hamilton Lane benchmarks to broaden private-markets insights for advisors. |
| Feb 03 | Earnings & dividend | Positive | -3.7% | Fiscal Q3 results with higher revenues, earnings and dividend increase for Class A shares. |
| Feb 02 | Fundraise close | Positive | +0.1% | Final close of Infrastructure Opportunities Fund II near $2B, above target and tripling prior fund. |
| Jan 28 | Survey & demand | Positive | +0.9% | Global private wealth survey showing strong advisor appetite for private markets allocations. |
HLNE often reacts positively to distribution/expansion and product-partnership news, but earnings and some data/vendor announcements have seen negative or muted price responses.
Over recent months, Hamilton Lane has reported stronger financials, with dividend growth and large AUM, closed nearly $2 billion in Infrastructure Opportunities Fund II and related vehicles, and highlighted rising private-wealth demand for private markets. It also expanded in Japan and partnered with YCharts on benchmarks. Past news has focused on scaling private-markets access and data, similar in theme to today’s Corastone platform investment, which also centers on infrastructure for alternative investing.
Market Pulse Summary
This announcement highlights Hamilton Lane’s role in the evolving private-markets infrastructure ecosystem, as it joins other major asset managers investing in Corastone’s operating platform. The news fits a pattern of initiatives expanding private-markets access and data capabilities. Investors may track subsequent adoption of such platforms, the impact on HLNE’s private-wealth and institutional channels, progress of its buyback program up to $50 million, and ongoing insider purchasing activity.
Key Terms
blockchain technical
straight-through processing technical
AI-generated analysis. Not financial advice.
Expanded institutional participation underscores growing demand for private market opportunities and standardized operating infrastructure
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.
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.
About Corastone
Corastone is the hyperscaler for private market investing, providing the modern infrastructure that enables straight-through processing for GPs, wealth managers and fund administrators. Through a single integration, participants gain access to a vast ecosystem of investment opportunities and counterparties, helping them grow their business with confidence. Solely focused on infrastructure, Corastone enables consistent, repeatable processes throughout the investment lifecycle, fostering visibility, control and seamless operations. Built on a permissioned blockchain, Corastone is purpose-built to support new workflows, innovative products and the rapidly evolving private markets. For more information, visit corastone.us.
Fidelity Investments® is an independent company, unaffiliated with Corastone. Fidelity Investments is an investor in Corastone and is not affiliated with any other company noted herein and doesn't endorse or promote any of their products or services. Fidelity Investments is a registered trademark of FMR LLC. Fidelity Investments® provides investment products through Fidelity Distributors Company LLC; clearing, custody, or other brokerage services through National Financial Services LLC or Fidelity Brokerage Services LLC, Members NYSE, SIPC.
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About Future Standard
Future Standard is a global alternative asset manager serving institutional and private wealth clients, investing across private equity, credit and real estate. With a 30+ year track record of value creation and
1 Total AUM estimated as of September 30, 2025.
About Hamilton Lane
Hamilton Lane (Nasdaq: HLNE) is one of the largest private markets investment firms globally, providing innovative solutions to institutional and private wealth investors around the world. Dedicated exclusively to private markets investing for more than 30 years, the firm currently employs approximately 780 professionals operating in offices throughout North America, Europe,
Media Contact
Forefront Communications for Corastone
corastone@forefrontcomms.com
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SOURCE Corastone
FAQ
Which firms invested in Corastone on March 9, 2026 and does HLNE refer to Hamilton Lane?
How does Corastone’s platform aim to change private markets operations for HLNE and other investors?
Which major asset managers already use Corastone technology besides the new investors?
What is the investor impact of Fidelity, Future Standard, and HLNE joining Corastone in 2026?
Did Corastone disclose the size or financial terms of the investments from Fidelity, Future Standard, and Hamilton Lane?
