Hamilton Lane, a global investment firm managing over $900 billion in assets, has launched its Senior Credit Opportunities Fund （SCOPE） on the Solana blockchain, marking a significant milestone in the democratization of alternative investments.
Points
- Hamilton Lane’s Launch: Introduction of the first institutional fund on Solana.
- Investment Accessibility: Lowering barriers to entry for private credit opportunities.
- Partnership with Libre: Collaboration to enhance fund distribution.
- Market Impact: Potential to pave the way for Solana ETFs and increase liquidity.
Hamilton Lane, a global investment leader with over $900 billion in assets, has launched its Senior Credit Opportunities Fund （SCOPE） on the Solana blockchain. This marks the first institutional fund to be launched on the network, signifying a major step towards democratizing alternative investments.
Lowering Investment Barriers with Solana Blockchain Technology
The SCOPE fund, a collaboration with Libre—a Web3 protocol backed by Brevan Howard’s WebN Group and Nomura’s Laser Digital—aims to make private credit opportunities more accessible to a broader audience. Libre’s infrastructure allows for frictionless entry into alternative asset markets, reducing the investment threshold to as low as $10,000, which investors can access directly from their phones.
Victor Jung, Hamilton Lane’s Head of Digital Assets, highlighted the importance of this relationship for increasing investor access, efficiency, and transparency. He stated, “As a leader in the tokenization of private markets funds, we are delighted to partner with Libre, who is at the forefront of innovations in the fund distribution space, to reach a broader range of investors as they launch on Solana.”
SCOPE Fund Offers 10% Yield
The SCOPE fund, which began in 2022 with $556 million in assets under management, provides an annualized yield of 10%. Designed to offer exposure to a reliable private market approach, SCOPE expands access to private credit alternatives through the Solana network. Accredited, professional, and institutional investors can now gain direct access to top-tier funds on-chain while remaining compliant.
The private credit market, valued at more than $3.14 trillion, is attractive due to its strong yields and diversification benefits. The SCOPE fund, an evergreen private credit vehicle, provides monthly liquidity and can be accessed through the HL SCOPE Access fund on Solana.
Dr. Avtar Sehra, Libre’s CEO and founder, stated, “The launch of the Libre Gateway on Solana is a huge step forward to enable access to wealth and treasury management tools for users on Solana, and for Libre to take advantage of the low latency and throughput capability of Solana to launch new and innovative services.”
Conclusion
Hamilton Lane’s launch of the SCOPE fund on Solana is a pioneering move in the financial industry, enhancing the accessibility of private credit investments and demonstrating the potential of blockchain technology to revolutionize traditional finance. As Solana’s native token （SOL） continues to gain traction, this initiative is likely to increase liquidity and pave the way for future innovations, including Solana ETFs.
解説
- Investment Accessibility: Lowering the investment threshold to $10,000 makes private credit opportunities more accessible.
- Collaboration with Libre: Enhances fund distribution and investor access, efficiency, and transparency.
- Market Potential: The SCOPE fund’s success on Solana could pave the way for Solana ETFs, increasing liquidity in traditional finance.
- Private Credit Market: Valued at over $3.14 trillion, offering strong yields and diversification benefits, making it an attractive investment.