Promontory technology is live for external/LP investors
Promontory technology is live for external/LP investors
Road Town, British Virgin Islands, June 25, 2024, Chainwire
Promontory technologies is pleased to announce the introduction of his promontory alpha fund, a quantitative, systematic, multi-strategic approach the trade with liquid listed digital ("crypto") assets. The fund is designed for market neutral and avoids large declines. It offers both a BVI vehicle for non-US investors and DELAWARE LP for US investors.
Jackson Fu, CEO from Promontory, was a co-founder of the extremely successful Qilin Investment from the start, a first-class quantitative hedge fund manager based in Shanghai. Since its foundation in 2016, Qilin has managed a managed assets of $ 5 to $ 7 billion with excellent risk-adjusted performance, which brought him the nickname "The de Shaw of Asia". The Promontory team consists of several key members of Qilin and brings a strong experience in the field of quantitative systematic trade into the cryptoma markets.
In particular, the new fund has attracted capital of investors such as well-known Asian family offices and billions of billions, which in the team's view will underline the trust in the approach and the team from Promontory.
for Jackson at Promontory by Qilin Cio Robin Liu as well as several top quants and developers. Robin previously managed a quantitative crypto strategy worth $ 100 million (5,000 BTC) at Amber Group. The now 15-member promontory team includes experienced experts from Blackrock, Brevan Howard, Deutsche Bank, Morgan Stanley, Okx, Huobi, Gate and Worldquant.
The strategy of Promontory uses advanced quantitative techniques, data science, AI, mechanical learning and risk modeling to identify uncorrelated alpha in liquid digital assets. By diversifying capital and risk through a wide mix of sub-strategies and factors, the strategy achieves strong diversification and several alpha sources. The team has adapted and refined its models and algorithms over several years to successfully work in the crypto area and acted these models on the crypto markets.
Jackson commented: "We are very happy to bring our external mixed fund vehicles onto the market. Our most important promise of values is our ability to surpass traditional hedge funds by exploiting the high volatility and inefficiency of cryptocurrencies and at the same time the considerable volatility and the decline in the underlying crypto-assets Avoid highly structured and repeatable trading processes and algorithms. ”
The strategy is offered in the share classes USD, BTC and ETH and offers separately managed accounts.
Further information on Promontory Technologies and the Promontory Alpha Fund can be obtained under [Email Protected] or visit www.promotechfi.com and their LinkedIn company page.
via Promontory Technologies
Promontory-technologies is the leading company for digital wealth management, which specializes in the care of family offices, institutions and wealthy private individuals. Promontory offers digital asset engagement, risk management and diversification through a quantitative systematic hedge fund, risk capital, market making and OTC services.
At the head of the company, a team of experienced managers who have successfully managed a quantitative hedge fund with an administration of over $ 7 billion on traditional securities markets and a quantitative crypto hedge fund with an assets of over 200 million.
contacts
Director Investor Relations
Charles Man
[Email Protected] Director Investor Relations
David Scicolone
[Email Protected]
Source: Coinlist.me
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