Private-Equity Firms Push Blockchain-Based Funds Despite Crypto Collapse

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Private-equity firms are making their funds available on the blockchain in an effort to reach rich investors, despite the crypto scandals that have left the technology under a cloud.
Asset managers Hamilton Lane Inc., KKR & Co., Apollo Global Management Inc. and Partners Group Holding AG are pushing forward with efforts to market their funds on the blockchain, the technology that functions as a decentralized ledger for financial transactions.

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