Promontory Technologies Launches Market-Neutral Crypto Fund: Promontory Alpha Fund
Introduction to Promontory Alpha Fund
Promontory Technologies is excited to announce the launch of the Promontory Alpha Fund, a cutting-edge, quantitative, systematic, multi-strategy approach to trading liquid listed digital (crypto) assets. The fund is designed to maintain market neutrality and avoid significant drawdowns, catering to both non-US investors through a BVI vehicle and US investors via a Delaware LP.
Leadership and Expertise
Promontory’s CEO, Jackson Fu, was a founding member of the highly successful Qilin Investment, a top-rated quant hedge fund manager based in Shanghai. Since its inception in 2016, Qilin has managed USD $5-7 billion in assets under management (AUM), earning the reputation as “The DE Shaw of Asia” due to its excellent risk-adjusted performance. The Promontory team, comprising key members from Qilin, brings extensive experience in quant systematic trading to the crypto markets.
Investor Confidence and Team Strength
The new fund has already attracted capital from prominent Asian family offices and billionaire entrepreneurs, underscoring confidence in Promontory’s approach and team. Joining Jackson at Promontory from Qilin is CIO Robin Liu, who previously managed a USD $100 million (5,000 BTC) quant crypto strategy at Amber Group. The Promontory team, now 15 strong, includes seasoned professionals from prestigious firms such as BlackRock, Brevan Howard, Deutsche Bank, Morgan Stanley, OKX, Huobi, Gate, and WorldQuant.
Advanced Strategy and Techniques
Promontory’s strategy leverages advanced quantitative techniques, data science, AI, machine learning, and risk modeling to identify uncorrelated alpha in liquid digital assets. By diversifying capital and risk across a broad mix of sub-strategies and factors, the strategy achieves strong diversification and multiple sources of alpha. The team has honed their models and algorithms over several years to ensure successful performance in the crypto space.
CEO’s Vision and Strategy
Jackson Fu commented, “We are thrilled to launch our external co-mingled fund vehicle. Our key value proposition lies in our ability to outperform traditional hedge funds by capitalizing on crypto’s high volatility and inefficiencies, all while avoiding the significant volatility and drawdowns of the underlying crypto assets through highly structured and repeatable trading processes and algorithms.”
Investment Options
The strategy is offered in USD, BTC, and ETH share classes and provides separately managed accounts.
Contact Information
For more information on Promontory Technologies and the Promontory Alpha Fund, users can contact info@promotechfi.com or visit www.promotechfi.com and their LinkedIn company page.
About Promontory Technologies
Promontory Technologies is the premier digital asset management firm dedicated to serving family offices, institutions, and high net worth individuals. Promontory provides digital asset exposure, risk management, and diversification through a quantitative systematic hedge fund, venture capital, market making, and OTC services. The firm is led by a team of seasoned executives who have successfully managed a quantitative hedge fund with over US$7 billion in AUM in traditional securities markets, as well as a crypto quantitative hedge fund with over US$200 million in AUM.
