Australian hedge fund veteran, Damien Hatfield of Triple A Partners, has teamed up with the ex-Head of Global Markets for ANZ Bank, Steve Bellotti, who is advising the recently-formed EKT Active Fund, an actively traded cryptocurrency and ICO fund.
Hatfield says that the aim is to marry a traditional, recognised fund structure and long-term global markets experience with the new, emerging asset class of blockchain-based technologies.
The fund is Cayman based and registered and includes an Administrator, Custodian and Auditor – a unique level of independent, institutionalised oversight for a cryptocurrency fund. Monthly Liquidity is offered, after some initial restrictions.
The fund is looking to raise $50 million in the first twelve months.
Bellotti and his partner, ex-Man Investments COO, Bob Tucker, have formed Digital Currency Holdings, the fund’s Advisor, which also includes Michael Kong, CTO, (ex-Block 8) and Jake Choi, CIO (ex-Macquarie Bank).
Analysts in the team include Michael McCann and Clement Chiu. Bok Khoo is an adviser to the group.
The fund is currently accepting qualified professional investors and is set to commence trading on 1st January. Minimal investment for qualified investors is US$100,000.00.
Damien Hatfield
Director
Triple A Partners
t: +61-400-560240