Eligible shareholders can borrow up to 65% of NAV on positions of at least $1 million while continuing to seek fund repurchases.
The New York-based startup provides liquidity solutions for tokenized private market and semi-liquid funds, allowing investors to exit ahead of scheduled redemption windows.
The Janus Henderson affiliate has partnered with Tradable to offer a blockchain-based feeder fund investing in the Privacore VPC Asset Backed Credit Fund.
The SEC application follows similar relief granted to ARK Venture Fund last month and could give investors additional liquidity outside scheduled repurchase offers.
Harrison Street's process sold 91% of shares offered, with 41% transacting at a 15% discount to NAV versus the 20% initially requested.
The Ethereum-based share class follows SEC relief that gives investors in the interval fund another liquidity channel.
