A multi-strategy approach designed to generate consistent returns across all market conditions while managing downside risk.
Our primary goal is generating excess returns above the crypto market benchmark.
We never risk more than 2% of portfolio value on any single position or trade.
Core strategies are designed to profit regardless of overall market direction.
Our diversified approach balances high-conviction systematic strategies with opportunistic investments.
Systematic trading of co-integrated digital asset pairs, capturing mean-reversion dynamics in relative value relationships across BTC/ETH, altcoin pairs, and perpetual/spot spreads.
Multi-factor momentum models across 1h, 4h, 1d, and 1w timeframes on BTC, ETH, and the top 20 altcoins by market cap using a proprietary ML meta-model.
Algorithmic liquidity provision on select CEX and DEX venues. Revenue from spread capture and maker rebates with near-zero net exposure at all times.
Proprietary on-chain analytics engine processing 50+ real-time blockchain metrics to generate directional and positioning signals unavailable to traditional managers.
All financial data derived from audited statements prepared by Deloitte & Touche LLP (IFRS). FY2025 audit completed February 14, 2026 — unqualified (clean) opinion.
| Metric | FY 2025 |
|---|---|
| Total Net Assets | $178,000,000 |
| Gross Return on NAV | +24.9% |
| Net Return (after 2/20) | +19.8% |
| Sharpe Ratio | 1.22 |
| Calmar Ratio | 6.07 |
| Max Monthly Drawdown | -4.1% |
| Winning Months | 9 of 12 (75%) |
| Realized Volatility | 16.2% |
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annual |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | +2.1% | +1.8% | +3.2% | -1.4% | +2.7% | +1.9% | +3.5% | +2.2% | -0.8% | +2.9% | +3.1% | +2.7% | +28.6% |
Monthly returns are estimates based on NAV data provided by Apex Fund Services. Annual figures confirmed by Deloitte & Touche LLP audited financials. Past performance is not indicative of future results.
Risk management is embedded in every layer of our investment process. We distinguish between four categories: market risk, operational risk, counterparty/custody risk, and tail/scenario risk.
The portfolio targets annualized volatility of 15–20%. If realized 21-day volatility exceeds 22%, all positions are reduced pro-rata. Individual positions are capped at 5% of NAV, with single-asset cross-strategy exposure limited to 25%.
95% of client assets are held in BitGo Trust cold storage with 3-of-5 multisig and CoinCover $250M aggregate insurance coverage. SOC 2 Type II certified by Deloitte with 134 controls tested — zero exceptions.
Signal generation, algorithmic execution, backtesting, and systematic risk management across 200+ digital assets.
Explore the approach →Yield optimization, liquid staking, governance participation, and cross-chain arbitrage within institutional controls.
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