CoinShares Launches Hedge Fund Division, Begins U.S. Expansion
22 Settembre 2023 - 1:00PM
CoinShares Launches Hedge Fund Division, Begins U.S. Expansion
The new division increases the Company’s product offerings while
blending legacy expertise with progressive transformation
22 September 2023 | SAINT HELIER, Jersey | CoinShares
International Limited (“CoinShares'' or “the Company”) (Nasdaq
Stockholm: CS; US OTCQX: CNSRF), the leading European
alternative asset manager specialising in digital assets, today
announced the launch of its hedge fund division, CoinShares Hedge
Fund Solutions.
For the first time, CoinShares will be making
its offerings accessible to qualified U.S. investors through a
range of private investment products, marking CoinShares' expansion
beyond its established European base. CoinShares is committed to
becoming the premier destination for institutions in the digital
assets realm. By offering a diverse range of products, across the
spectrum of beta and alpha strategies with hybrids in between,
CoinShares aims to cater to the unique needs of each institution,
facilitating the creation of a well-rounded and optimised crypto
portfolio. The Company’s vision is to deliver a seamless, holistic
experience, ensuring that its institutional clients have all the
tools and insights they need to navigate the dynamic world of
digital asset investments. CoinShares Capital LLC, a wholly-owned
subsidiary of CoinShares and a broker-dealer registered with the
Financial Industry Regulatory Authority (FINRA), will be conducting
marketing activities to qualified investors in the United States in
support of CoinShares Hedge Fund Solutions’ strategies and
products.
This initiative marks CoinShares' return to its roots.
Originally beginning as the commodity hedge fund Global Advisors,
it later founded the pioneering and regulated Global Advisors
Bitcoin Investment Fund (GABI) in 2014, which operated until 2017.
This also signals a progressive transformation for the Company that
leverages the expertise acquired from its engagement in crypto
markets, via its proprietary trading arm, since 2016. Equipped with
these distinctive qualities, CoinShares is perfectly positioned to
deliver premium products that meet the due diligence requirements
of institutional investors and are on par with the offerings of
established financial institutions.
To ensure the seamless deployment of the new division,
CoinShares has appointed Lewis Fellas as Head of CoinShares Hedge
Fund Solutions. Lewis is a seasoned asset manager with 23 years of
industry experience (seven in digital assets) and brings with him a
unique set of skills that will help to ensure the new division’s
success. The new division will utilise CoinShares’ battle-tested
expertise trading and quantitative teams. CoinShares' CEO,
Jean-Marie Mognetti, commented on the strategic expansion:
"In a changing macro environment prominently marked by interest
rates and inflation, the demand for actively managed exposure to
digital assets is a natural progression. Backed by a decade-long
legacy in the digital asset industry and a team with more than two
decades in hedge funds, the new division signifies the latest step
in CoinShares’ evolution. Our products focus on delivering a
premium experience to our investors and we are delighted to enrich
our long-only asset management offerings by returning to our core
founding program.”
CoinShares Head of Hedge Fund Solutions, Lewis Fellas,
concluded: “CoinShares inspired my move into crypto asset
management in 2016, so being able to lead the new division within
the firm and further pioneer the space is an honour. The design of
our strategies reflects the team’s deep and practical knowledge of
digital assets and showcases the firm’s ability to develop new
products that meet the demands of institutional investors. The
long-awaited return of interest rate-driven volatility is a great
opportunity that we plan to capture with our novel fund products.
Each product that will be offered is designed to mitigate
counterparty risk whilst providing investors with clearly defined
asset class and strategy exposures.”
To learn more about CoinShares Hedge Fund Solutions, visit:
https://coinshares.com/hedge-fund-solutions
ABOUT COINSHARES CoinShares is the European leading
alternative asset manager specialising in digital assets, that
delivers a broad range of financial services across investment
management, trading and securities to a wide array of clients that
includes corporations, financial institutions and individuals.
Focusing on crypto since 2013, the firm is headquartered in Jersey,
with offices in France, Sweden, Switzerland, the UK and the US.
CoinShares is regulated in Jersey by the Jersey Financial Services
Commission, in France by the Autorité des marchés financiers, in
the US by the Financial Industry Regulatory Authority. CoinShares
is publicly listed on the Nasdaq Stockholm under the ticker CS and
the OTCQX under the ticker CNSRF.
For more information on CoinShares, please visit:
https://coinshares.com Company | +44
(0)1534 513 100 | enquiries@coinshares.com Investor
Relations | +44 (0)1534 513 100 |
enquiries@coinshares.com
PRESS CONTACT CoinShares Benoît
Pellevoizinbpellevoizin@coinshares.com
M Group Peter
Padovano ppadovano@mgroupsc.com
Grafico Azioni CoinShares (TG:3TW)
Storico
Da Mag 2024 a Giu 2024
Grafico Azioni CoinShares (TG:3TW)
Storico
Da Giu 2023 a Giu 2024