Promontory Technologies is thrilled to announce the launch of its latest venture, the Promontory Alpha Fund. This fund takes a systematic and quantitative approach to trading liquid listed digital assets, also known as cryptocurrencies. The primary goal of the fund is to remain market-neutral and avoid significant losses, making it an attractive option for both non-US investors through its BVI vehicle and US investors through its Delaware LP.
The CEO of Promontory, Jackson Fu, is no stranger to success in the hedge fund industry. As a day-one co-founder of Qilin Investment, a renowned quant hedge fund manager based in Shanghai, Fu has managed an impressive $5-7 billion in assets under management (AUM) since its establishment in 2016. Qilin Investment has earned the nickname “The DE Shaw of Asia” due to its outstanding risk-adjusted performance. With a team that includes key members from Qilin, Promontory brings a wealth of experience in the quant systematic trading space to the world of cryptocurrencies.
The new fund has already attracted capital from notable investors, including prominent Asian family offices and billionaire entrepreneurs. This influx of capital serves as a testament to the confidence these investors have in Promontory’s approach and team.
Joining Fu at Promontory is CIO Robin Liu, along with several top quants and developers. Liu previously managed a $100 million (5,000 BTC) quant crypto strategy at Amber Group. With a team of 15 seasoned professionals from reputable institutions such as BlackRock, Brevan Howard, Deutsche Bank, Morgan Stanley, OKX, Huobi, Gate, and WorldQuant, Promontory is well-equipped to navigate the complex world of digital assets.
Promontory’s strategy relies on cutting-edge quantitative techniques, data science, artificial intelligence, machine learning, and risk modeling to identify uncorrelated alpha in liquid digital assets. By diversifying capital and risk across various sub-strategies and factors, the fund achieves strong diversification and multiple sources of alpha. The team has spent years refining their models and algorithms to successfully operate in the crypto space and has been actively trading these models in the crypto markets.
The Promontory Alpha Fund offers multiple share classes denominated in USD, BTC, and ETH, and also provides separately managed accounts for investors.
For more information on Promontory Technologies and the Promontory Alpha Fund, interested individuals can reach out to [email protected] or visit www.promotechfi.com and their LinkedIn company page.
About Promontory Technologies:
Promontory Technologies is a leading digital asset management firm dedicated to serving family offices, institutions, and high net worth individuals. The firm offers digital asset exposure, risk management, and diversification through a range of services, including a quantitative systematic hedge fund, venture capital, market making, and OTC services. The team at Promontory is led by seasoned executives with a track record of successfully managing a quantitative hedge fund with over $7 billion in AUM in traditional securities markets, as well as a crypto quantitative hedge fund with over $200 million in AUM.
Contacts:
Investor Relations Director – Charles Man
[email protected]
Investor Relations Director – David Scicolone
[email protected]
