Promontory Applied sciences is happy to announce the launch of its Promontory Alpha Fund, a quantitative, systematic, multi-strategy method to commerce liquid listed digital (“crypto”) belongings. The fund is designed to be market-neutral and keep away from deep drawdowns, providing each a BVI automobile for non-US buyers and a Delaware LP for US buyers.
Jackson Fu, CEO of Promontory Technologies, was a day-one co-founder of the extremely profitable Qilin Funding, a top-rated quant hedge fund supervisor based mostly in Shanghai. Since its launch in 2016, Qilin has managed USD $5-7 billion in AUM with wonderful risk-adjusted efficiency, incomes it the nickname “The DE Shaw of Asia”. The Promontory crew contains a number of key members from Qilin and brings a robust pedigree within the quant systematic buying and selling house to the crypto markets.
Notably, the brand new fund has attracted capital from buyers reminiscent of outstanding Asian household workplaces and billionaire entrepreneurs, which the crew hopes will underscore confidence in Promontory’s method and crew.
Becoming a member of Jackson at Promontory from Qilin, are CIO Robin Liu, and several other prime quants and builders. Robin beforehand managed a USD $100 million (5,000 BTC) quant crypto technique at Amber Group. The Promontory crew, now 15 robust, contains seasoned professionals from BlackRock, Brevan Howard, Deutsche Financial institution, Morgan Stanley, OKX, Huobi, Gate, and WorldQuant.
Promontory’s technique makes use of superior quantitative strategies, knowledge science, AI, machine studying, and danger modeling to establish uncorrelated alpha in liquid digital belongings. By diversifying capital and danger throughout a broad mixture of sub-strategies and components, the technique achieves robust diversification and a number of sources of alpha. The crew has tailored and honed their fashions and algorithms over a number of years to work efficiently within the crypto house and has been buying and selling these fashions within the crypto markets.
Jackson commented, “We’re thrilled to launch our exterior co-mingled fund automobile. Our key worth proposition lies in our capacity to outperform conventional hedge funds by capitalizing on crypto’s excessive volatility and inefficiencies, all whereas avoiding the numerous volatility and drawdowns of the underlying crypto belongings by way of extremely structured and repeatable buying and selling processes and algorithms.”
The technique is obtainable in USD, BTC, and ETH share lessons and supplies individually managed accounts.
For extra info on Promontory Applied sciences and the Promontory Alpha Fund, customers can contact [email protected] or go to www.promotechfi.com and their LinkedIn firm web page.
About Promontory Applied sciences
Promontory Technologies is the premier digital asset administration agency devoted to serving household workplaces, establishments, and excessive internet price people. Promontory supplies digital asset publicity, danger administration and diversification by way of a quantitative systematic hedge fund, enterprise capital, market making and OTC providers.
The agency is helmed by a crew of seasoned executives who’ve efficiently managed a quantitative hedge fund with over US$7 billion in AUM within the conventional securities markets, in addition to a crypto quantitative hedge fund with over US$200 million in AUM.
Contacts
Investor Relations Director
Charles Man
[email protected]
Investor Relations Director
David Scicolone
[email protected]
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