Opalesque Industry Update - The Strategic Funds, an alternative investments and private equity manager, has launched a new cryptocurrency fund. The new Fund will offer accredited investors exposure to a diversified portfolio of crypto assets, beyond just Bitcoin. By deploying a balanced allocation to the top 10 crypto tokens by market cap along with a quant-driven hedging algorithm for dynamic adjustments, as well as crypto asset and cash-based lending strategies, the Fund seeks the primary objective of delivering long-term capital growth at moderate levels of volatility relative to the asset class. Expanding The Strategic Funds' offerings into crypto assets reflects the firm's belief in the future of the crypto market and that this asset class will continue to evolve rapidly, moving out of the shadows and into the mainstream. The new Fund's operational strategy will tap into the formulating frameworks, improved transparency and risk controls surrounding this market with the long-term perspective that it is on the precipice of developing in a significant way. "At Strategic Funds, we have always focused on identifying opportunities around the edges ahead of the herd, and we see the crypto market as one of those opportunities," said Robb Rill, chairman of The Strategic Funds. "We developed this solution based on our ability to harness volatility via effective risk management and to offer a foothold in this fast-moving space. We believe in the future of the crypto market, particularly decentralized finance, and that investors can meaningfully invest in this asset for the long-term." The Fund will utilize an active trading strategy with a weekly rebalancing policy curated through data science techniques. It will be sub-advised by Invictus Capital Financial Technologies, which has built a specialty in the token-based crypto-asset trading space.
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