Blockworks exclusive: The longtime global macro hedge fund firm has raised more than $1 billion for its flagship crypto vehicle, according to four sources with knowledge of the matter
The inaugural fund’s performance has held up quite well, on a relative basis to the market, sources said
Brevan’s strong digital assets push reflects what is likely the most substantial foray into crypto for a traditional finance firm
Brevan Howard Asset Management has pulled off the largest crypto hedge fund launch yet.
The firm’s flagship digital assets-focused vehicle raised more than $1 billion from institutional investors, according to four sources with knowledge of the matter — with the vast majority of the lofty haul timed with the fund’s launch earlier this year.
The fundraise by BH Digital, the unit that oversees Brevan’s voluminous crypto trades, would rank annually among the upper echelons of even conventional hedge fund strategies. By digital asset standards — considering overall market...
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.
INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...