iCap Equity Unlocks Liquidity for over $100M in Real Estate Debt Funds using Blockchain-Enabled Harbor Platform
SAN FRANCISCO and SEATTLE, Sept. 16, 2019 /PRNewswire-PRWeb/ -- Harbor today announced that iCap Equity is leveraging Harbor's blockchain-enabled alternative assets platform to enhance the liquidity in four real estate funds managing over $100M in assets.
- SAN FRANCISCO and SEATTLE, Sept. 16, 2019 /PRNewswire-PRWeb/ -- Harbor today announced that iCap Equity is leveraging Harbor's blockchain-enabled alternative assets platform to enhance the liquidity in four real estate funds managing over $100M in assets.
- "iCap provides high-yield investment opportunities for investors, but those investments typically come with a 3 to 5 year lock-up period because they are based in real estate," said Chris Christensen, iCap Equity CEO.
- "iCap Equity is pioneering a more efficient and liquid model for real estate investment funds, where they can lock up capital without locking up investors," said Josh Stein, Harbor CEO.
- Harbor is backed by Andreessen Horowitz, Founders Fund, Craft Ventures, Vy Capital, Fifth Wall, Valor Equity Partners, and Pantera Capital.