Sat, May 11, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Industry Updates

BKCoin further institutionalizes with president, CTO and BD/IR appointments

Wednesday, June 08, 2022
Opalesque Industry Update - BKCoin Capital, the institutional crypto investment firm at the forefront of the digital assets revolution, announces three senior appointments: Paul Magahis, as President, Adriano Caloiaro, as Chief Technology Officer, and Leanna Haakons, as Director of Business Development & Investor Relations.

The appointments come as BKCoin's Founding Principals, Carlos Betancourt and Kevin Kang, continue to scale BKCoin following strong institutional demand for quantitative crypto investment solutions.

Mr. Magahis will oversee BKCoin's corporate strategy, development, and operations, and will be a key member of the investment committee. He brings over 22 years of experience in the alternative investments industry to the role. He joins from Coinbase, the trusted cryptocurrency exchange platform, where he was the Head of Capital Strategy and was responsible for building relationships with institutional allocators. Prior to this, he was a Managing Director and Global Co-Head of Capital Introduction at StoneX Group Inc., and spent five years at Stifel as a Director, investing in hedge funds, private equity and other alternative investments. Mr. Magahis was also an SVP and Head of Business Development in the Prime Services group at Lazard, where he concentrated on strategically increasing revenues and market share. He began his career as an investment buy-side analyst, working for hedge funds Merlin BioMed Group, Paloma Partners/SBZ Partners, and Merrill Lynch, within the firm's internal hedge fund.

Mr. Caloiaro will build and maintain BKCoin's computation and strategy execution platform, while also setting and implementing the vision for the future of the firm's technology stack. An experienced software engineer, he joins BKCoin from Greenhouse Software, the fastest growing provider of enterprise talent acquisition software. Mr. Caloiaro spent over five years at Greenhouse Software building many of the systems and teams critical to the company's success. Prior to this, he was a Partner and Software Engineer at Myatt & Johnson, Inc., building a high-performance computational biology platform funded by a grant from the National Institute of Health.

Ms. Haakons will manage the firm's sales, marketing and investor reporting, as well as BKCoin's client and consultant relationships. Prior to joining BKCoin, she was the Founder and President of Black Hawk Financial, a financial marketing and consulting firm, which she formed in 2014 following her previous role working for the only FCA authorized investor relations firm in the UK. She has over 13 years' experience consulting and facilitating transactions alongside multi-billion-dollar funds, as well as both private and public companies listed worldwide. Ms. Haakons is a recognized leader in financial literacy following the publication of her bestselling book 'Young, Fun & Financially Free', of which 100% of the proceeds are donated to the WE Charity. Her passion for education and business has led to her being requested to speak, adjudicate and host at hundreds of international conferences, media outlets, podcasts, and blogs.

Kevin Kang, Founding Principal of BKCoin Capital, said: "At BKCoin, our goal has always been to innovate at the forefront of the digital assets revolution while providing peace of mind to institutional allocators investing in digital assets. Paul brings with him a deep understanding of the cryptocurrency market and other alternative assets, and a wealth of experience in building relationships with institutional clients. The firm will benefit from his direction and leadership as we continue to build a sustainable diversified investment platform that can be a partner to institutional allocators."

Carlos Betancourt, Founding Principal of BKCoin Capital, said: "Our approach at BKCoin relies heavily on a proprietary quantitative research and investment process; as such, we are delighted to bring Adriano on to the team, as his breath and depth of experience in software engineering will be a huge addition to the firm and our quant capabilities.

"We have known Leanna for many years, not just from her media appearances, but also from the dozens of investment conferences where she has been a moderator and panelist. As we continue to deepen and widen our institutional investor base, Leanna's expertise in investor relations will be invaluable, and we are excited to welcome her to the team."

These appointments follow the hiring of Mark Treinkman as Head of Quantitative Trading in April 2021. BKCoin's team has over 50 years' experience managing and trading over $40 billion of multi-asset portfolios at some of the largest financial institutions, including AllianceBernstein, J.P. Morgan, Merrill Lynch, Evercore ISI and numerous multi-strategy hedge funds.

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1