Global Digital Assets (GDA Capital) has secured a $350 million dollar mandate from LehmanBush to co-advise on the firm’s acquisition of blockchain, financial technology, and decentralised finance companies.
GDA Capital has engaged with its partner Alpha Sigma Capital as co-advisor and co-sponsor on the investments and will be jointly engaged to execute on the mandate.
The $350 million private equity mandate was originated by LehmanBush, a China-based investment banking firm with international operations.
The firm was founded by Mr. Edward Lehman and Mr. Neil Bush, both of whom have extensive experience navigating acquisitions at the multinational and middle-market levels.
Phenomenal example of looking at blockchain through a long term lens. This example shows proactive thinking, which is refreshing, because far too often people only fixate on the short term. https://t.co/gVGlPx3UId
— GDA Capital (@gda_capital) June 1, 2020
LehmanBush provides cross-border and domestic transaction advice to leading global corporations, high net worth individuals, Chinese state-owned enterprises, Chinese entrepreneurial start-ups, and emerging Chinese MNC’s.
“An institutional-investor backed injection of capital into the blockchain industry comes at an opportune time. It demonstrates a willingness for more traditional private equity firms to participate in digital assets and signals a larger wave of adoption,” said Michael Gord, co-founder and CEO of Global Digital Assets.
GDA is based in Toronto and is a merchant bank with specific focus on blockchain companies on digital assets. It offers end-to-end solutions and has facilitated more than $1 billion in transactions.
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