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KKR takes a portion of PE fund to public blockchain

Qualified purchasers, generally those with at least $5m in investible assets, would be able to invest in what will effectively be a tokenised feeder fund

KKR is making a slice of one of its private-equity funds available on the public blockchain, in the latest bid to expand individual investors’ access to private investment vehicles.

The buyout firm is partnering with digital-assets specialist Securitize, which will tokenise an interest in the second iteration of KKR’s Health Care Strategic Growth Fund and make it available on the Avalanche public blockchain, executives from both companies said.

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