Flow Capital Partners, an alternative asset management firm in Hong Kong, plans to bring its $150 million private equity fund onto the blockchain via DigiFT in Singapore.
This move could make Flow Capital one of the first fund management companies in Asia to utilize stablecoin liquidation . According to Bloomberg, the fund was launched last June and is planning to expand this year.
Flow Capital plans to raise an additional $30 million through Tokenize before the end of this year, bringing the fund's size to $250 million. The fund's target net return is 12%.
The private lending market is currently under pressure from high interest rates, rising default rates, and liquidation stress. However, Flow says its investments are primarily focused on mortgage lending and the company is not concerned about these risks.
