The primary objective of the Fund is to provide sophisticated investors with an opportunity to seek capital appreciation by offering exposure to a variety of different Cryptocurrencies and Tokens. Its goal is to outperform the Bloomberg Galaxy Crypto Index (BGCI).
It is an actively managed long-only fund that invests 80% of its assets amongst the top 10 protocols by market cap and up to 20% in smaller protocols and Initial Coin Offerings (ICOs).
The primary objective of the Fund is to provide sophisticated investors with an opportunity to seek capital appreciation by offering exposure to a variety of different Cryptocurrencies and Tokens. Its goal is to outperform the Bloomberg Galaxy Crypto Index (BGCI). It is an actively managed long-only fund that invests 80% of its assets amongst the top 10 protocols by market cap and up to 20% in smaller protocols and Initial Coin Offerings (ICOs).
Sophisticated Investors
Open-end fund incorporated in Cayman
$100,000
Daily - NAV calculation in T+1 business days
Daily - NAV calculation in T+5 business days
2% p.a.
20% over what exceeds Libor with high water mark charged semi-annually
BLP Asset Mgt.
MG Stover
KPMG
Conyers
Fidelity Digital Assets, Coinbase Prime, and Gemini
He is founding partner of BLP Crypto and became involved with crypto assets and blockchain/technology-related VC investments since May 2016 after departing from BTG Pactual where he was an Associate Partner responsible for Group Treasury. Prior to BTG, Axel was running the fixed income sales desk for institutional clients in Banco Santander Brazil. He started his career in 1992 at ABN AMRO in Holland and then moved to Banco Garantia in 1994 (which later was acquired by Credit Suisse). Axel has a BS in Finance, Investments and Economics from Babson College in Boston. He also recently attended US Berkeley – Haas School of Business and completed the Venture Capital Executive Program.
Founding partner of BLP Crypto, he started trading crypto assets in early 2017 after more than 20 years in proprietary desks of several financial institutions including Indosuez Bank, CSFB, Deutsche Asset Mgt., ING Bank and Banco Pine where he was responsible for the treasury department. He has traded or managed books on interest rates, currencies, equities, options and commodities both locally and internationally. Alexandre has a BS from Escola Politecnica and an MBA from Ibmec.
He is one of the Founding partners of BLP Crypto. He was an MD and CIO of Credit Suisse Asset Management Brazil from 1998 to 2010. He started his career at Banco Garantia in 1989 and worked both in IT and trading desks until 1998. In 1998 he was one of the founding partners of Netrade the first Home Broker in Brazil. Glauco has a Computer Science degree from PUC-RJ.
Offering Memorandum