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Deployments · Securitize · platform by Securitize

KKR Health Care Strategic Growth Fund II Securitize Fund (SKHC)Updated 28 Oct 2026

A Securitize feeder fund on Avalanche giving accredited US investors tokenised exposure to KKR's Health Care Strategic Growth Fund II, the first time a KKR alternative strategy was offered in digital form in the US. An early landmark for tokenised private equity, but it remains very small.

AnnouncedProof of conceptPilotLive (limited)Live (scaled)

Live (limited) since 13 Sep 2022[2] — Reg D 506(c) offering for accredited investors; about $8.9 million on chain with one holder address in October 2026. · Reviewed 13d ago

Assets
Fund interest[2]
Feeder fund interests issued as tokens investing in a KKR health care growth equity fund
Networks
Avalanche Public, permissionless[2]
Use cases
Primary issuance[1]Fund subscription and redemption[2]
Jurisdictions
United States

Participants

  • KKRAsset manager[2]United States
  • SecuritizePlatform provider, Issuer, Asset manager, Transfer agent or registrar, Distributor, Paying or settlement agent[2][3][4]United States
  • FormidiumFund administrator[4]United States
  • Spicer JeffriesAuditor or reserve attestor[4]United States

Likely relevant regulation

Assets

Metrics

  • $8.88mAssets under management · as of 11 Oct 2026 · on Avalanche[1]
    On-chain via rwa.xyz; Avalanche is the only chain.
  • $20,000Fund interests sold since launch · as of 22 Dec 2025[3]
    Form D 'total amount sold' since the first sale on 2025-03-24: cumulative subscriptions into the fund, whose interests are issued as tokens; 1 investors had invested. Gross of redemptions, so it is not a balance.
  • 1 investorsInvestors in the offering · as of 22 Dec 2025[3]
    Form D count of investors who have already invested.

Timeline

  1. Happened 13 Sep 2022 · Launch · recorded 11 Oct 2026
    Securitize launches a tokenised feeder into KKR's Health Care Strategic Growth Fund II on Avalanche for accredited investors.[2]

Sources

  1. [1]SKHC asset page — RWA.xyz. Accessed 11 Oct 2026.A
  2. [2]Securitize Launches Fund Providing Tokenized Exposure to KKR Fund for the First Time in the U.S. — Securitize (via Business Wire), 13 Sep 2022. Accessed 11 Oct 2026.B
  3. [3]Securitize KKR Health Care Growth II Tokenized Fund SP: Form D notice of exempt offering (amendment) signed 2025-12-22 — Securitize KKR Health Care Growth II Tokenized Fund SP (SEC Form D/A), 22 Dec 2025. Accessed 26 Oct 2026.A
  4. [4]SKHC asset page (service providers) — RWA.xyz. Accessed 28 Oct 2026. Service-provider metadata on the RWA.xyz asset page (issuer, administrator, auditor, custodian, transfer agent); RWA.xyz data, not an issuer document..C

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