Hamilton Lane Offers Polygon-Based Tokenized Access to a Second Fund

Access to the Senior Credit Opportunities Fund is available through a feeder fund from Securitize.

AccessTimeIconMay 4, 2023 at 3:59 p.m. UTC
Updated May 9, 2023 at 4:13 a.m. UTC
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Hamilton Lane (HLNE), an investment-management firm with $824 billion in assets under management and supervision, is offering tokenized access to a second fund. The access is provided through a feeder fund from Securitize on the Polygon blockchain.

The firm is making a portion of the Senior Credit Opportunities (SCOPE) Fund, launched in October, available through the Securitize feeder fund. The feeder is the second of three tokenized funds Hamilton Lane announced last year. Tokenized access was opened for the Hamilton Lane Equity Opportunities Securitize Fund V in January.

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    SCOPE targets yield-seeking investors with floating-rate, senior secured loans. The fund invests in privately held company assets in recession-resilient sectors, including health care and information technology. Investors in the feeder fund can redeem their shares on-demand at the previous quarter’s net asset value (NAV) per share with no transaction fees from Securitize.

    Edited by Sheldon Reback.

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    Brandy Betz

    Brandy covered crypto-related venture capital deals for CoinDesk.


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