Further Asset Management and 3iQ Corp. have launched the Further x 3iQ Alpha Digital Fund, a $100 million market-neutral, multi-strategy hedge fund for institutional investors. The fund provides risk-managed exposure to digital assets and includes a dedicated Bitcoin (BTC) share class.
Fund Name: Further x 3iQ Alpha Digital Fund.
Seed Capital: The fund was seeded with $100 million from institutional, family office, and sovereign investors.
Target Investors: It is designed for institutional investors, family offices, and sovereign wealth funds seeking professionally managed exposure to digital assets.
Strategy: The fund is multi-strategy and market-neutral, aiming to capture "alpha" (returns above market benchmarks) in the digital asset space while managing risk.
Bitcoin Share Class: The fund offers a BTC share class, allowing investors to subscribe in BTC and compound their strategy returns in BTC."
BTC
91,571.51
+3.17%