Hamilton Lane, which manages over $900 billion in assets, launches private credit fund SCOPE on Solana

Hamilton Lane, a global leading alternative asset investment institution with an asset management scale of over $900 billion, announced on Tuesday the launch of the private credit fund Senior Credit Opportunities Fund (SCOPE) on the Solana blockchain. To this end, Hamilton Lane has reached a cooperation with Libre. Libre is a Web3 protocol for issuing and distributing funds on Polygon. Libre is a joint venture between WebN Group under hedge fund Brevan Howard and Laser Digital, a crypto company under Nomura Securities. Avtar Sehra, CEO and founder of Libre, said that by serving "a large number of high-net-worth cryptocurrency native" traders, tokenized SCOPE provides an opportunity to deepen Hamilton Lane's distribution. (Fortune)