As an experienced financial analyst, I am particularly intrigued by the launch of Promontory Technologies’ Promontory Alpha Fund. The team behind this new fund brings a strong pedigree in quantitative systematic trading, having successfully managed significant assets at firms like Qilin Investment and Amber Group.
Road Town, British Virgin Islands, June 25th, 2024, Chainwire
Excited announcement from Promontory Technologies: Introducing the Promontory Alpha Fund, our innovative quantitative investment strategy for trading crypto assets. This multi-strategy approach is systematic and market-neutral, aiming to minimize deep losses. For non-US investors, we offer a British Virgin Islands (BVI) vehicle. US investors can join via a Delaware Limited Partnership (LP).
The CEO of Promontory, Jackson Fu, was one of the original founders of Qilin Investment, a renowned quantitative hedge fund based in Shanghai, which was established in 2016. With assets under management (AUM) ranging from USD $5-7 billion and delivering impressive risk-adjusted returns, Qilin has gained the reputation as “Asia’s DE Shaw.” Several experienced professionals from Qilin now form part of Promontory’s team, bringing their expertise in quantitative systematic trading to the crypto market.
Significantly, the new investment fund has gained backing from notable Asian family offices and affluent business tycoons. The team is optimistic that this influx of capital will serve as a strong endorsement of Promontory’s methodology and expertise.
At Promontory, joining Jackson from Qilin are Robin Liu, the CIO, as well as prominent quants and developers. Robin brings extensive experience having overseen a quant crypto strategy worth $100 million, or approximately 5,000 BTC, at Amber Group. The Promontory team, now comprised of fifteen individuals, boasts expertise from esteemed institutions such as BlackRock, Brevan Howard, Deutsche Bank, Morgan Stanley, OKX, Huobi, Gate, and WorldQuant.
At Promontory, we employ sophisticated quantitative methods, data science, artificial intelligence, machine learning, and risk assessment to unearth uncorrelated returns in readily available digital assets. By spreading investments and risks among various sub-strategies and factors, our approach ensures robust diversification and numerous avenues for generating alpha. Our team has fine-tuned their models and algorithms over an extended period to thrive in the crypto market, and we have been actively employing these strategies in digital asset trading.
Jackson expressed his excitement about introducing their new external co-mingled fund. The unique selling point of our business is our capacity to surpass conventional hedge funds by profiting from crypto’s extreme volatility and inefficiencies. Simultaneously, we shield investors from the excessive volatility and losses inherent in the underlying crypto assets through sophisticated trading methods and algorithms.
This strategy comes in three options – USD, BTC, and ETH – and each one offers individually managed accounts.
To learn more about Promontory Technologies and the Promontory Alpha Fund, feel free to reach out to us at info@promotechfi.com or explore our website at www.promotechfi.com, as well as our LinkedIn company page for additional details.
About Promontory Technologies
Promontory Technologies leads the way as a digital asset management company, catering to the needs of family offices, institutions, and affluent individuals. By offering access to digital assets, managing risks, and promoting diversification, Promontory employs a quantitative systematic hedge fund, venture capital investments, market making, and over-the-counter (OTC) services.
As a researcher, I’ve come across a team of experienced executives who have demonstrated remarkable success in managing a traditional securities hedge fund worth more than US$7 billion in assets under management (AUM). Additionally, they have expanded their expertise into the crypto market by successfully overseeing a quantitative hedge fund with over US$200 million in AUM.
Contacts
Investor Relations Director
Charles Man
charles.man@promotechfi.com
Investor Relations Director
David Scicolone
david.scicolone@promotechfi.com
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2024-06-25 12:04