Apex Group and Truleum Venture partner
30 April 2026 UAE
Image: GreenOptix/stock.adobe.com
Apex Group, a global financial services provider and Truleum Venture Partners has launched Truleum Fund I LP, a Dubai Finance Services Authority (DFRSA) - regulated and Dubai International Finance Centre (DIFC) ? domiciled private markets fund.
The fund is structured to issue digitally native fund units within a fully regulated framework powered by Tokeny technology.
Truleum Fund I LP has been designed to combine institutional-grade governance standards with digital issuance architecture.
By aligning regulatory processes, fund administration, and digital infrastructure, Apex Group, and TVPL have structured a model that enhances transparency, programmability, and operational resilience while maintaining full supervisory alignment.
The firms say by embedding compliance controls, transfer restrictions, investor eligibility, and governance mechanisms directly within the asset layer, the structure demonstrates how private markets can achieve scalability, efficiency, and programmability without compromising institutional standards or regulatory expectations.
Naveed Zamir Yasir, country head, Dubai, Apex Group, notes: “Twenty years in DIFC has shaped how Apex Group supports regulated fund innovation. Our role in this launch reflects a clear industry shift toward tokenised structures built on strong governance and regulatory alignment.
“We are pleased to provide the infrastructure and expertise that allow clients to adopt these models responsibly.”
Dolly Ramaiya, founder, Truleum Venture Partners, adds: “Truleum Venture Partners was established to modernise private market infrastructure by bridging institutional fund management and digital architecture.
“The launch of our inaugural fund represents a foundational milestone for our platform and reflects our commitment to building institutional?quality investment products that leverage fund and asset tokenisation within a fully regulated framework.”
The fund is structured to issue digitally native fund units within a fully regulated framework powered by Tokeny technology.
Truleum Fund I LP has been designed to combine institutional-grade governance standards with digital issuance architecture.
By aligning regulatory processes, fund administration, and digital infrastructure, Apex Group, and TVPL have structured a model that enhances transparency, programmability, and operational resilience while maintaining full supervisory alignment.
The firms say by embedding compliance controls, transfer restrictions, investor eligibility, and governance mechanisms directly within the asset layer, the structure demonstrates how private markets can achieve scalability, efficiency, and programmability without compromising institutional standards or regulatory expectations.
Naveed Zamir Yasir, country head, Dubai, Apex Group, notes: “Twenty years in DIFC has shaped how Apex Group supports regulated fund innovation. Our role in this launch reflects a clear industry shift toward tokenised structures built on strong governance and regulatory alignment.
“We are pleased to provide the infrastructure and expertise that allow clients to adopt these models responsibly.”
Dolly Ramaiya, founder, Truleum Venture Partners, adds: “Truleum Venture Partners was established to modernise private market infrastructure by bridging institutional fund management and digital architecture.
“The launch of our inaugural fund represents a foundational milestone for our platform and reflects our commitment to building institutional?quality investment products that leverage fund and asset tokenisation within a fully regulated framework.”
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