MEV Capital Management Ltd. has announced the launch of its new digital asset hedge fund, the MEV Capital Stablecoin High-Yield Fund SP. The fund, based in the Cayman Islands, focuses on on-chain operations on the public Ethereum Blockchain and deploys trend-agnostic strategies based on digital assets to capture yields and opportunities.
Laurent Bourquin, Director at MEV Capital Management, said: “We are delighted to deploy the MEV Capital Stablecoin High-Yield Fund SP to give access to DeFi strategies following a market-neutral mandate to institutional investors, while being in line with regulation and accounting standards.”
The investment approach of the fund is to use liquidity provision, market-making activities and arbitrage on assets pegged on the dollar which have been chosen for their security, liquidity, balancing mechanism, frequency of price opportunities, and yield return potential.
The fund is open-ended, registered with the Cayman Islands Monetary Authority (CIMA) and audited by a CIMA approved auditor. It has opened its subscription this month for the USDC denominated strategy, targeting an AuM of 130M$ through 2023. MEV Capital Management is also looking to open a High-Yield Fund for ETH-denominated strategy later this year and extend their activities towards other Layer 2s overtime.
For further information about the MEV Capital Stablecoin High-Yield Fund SP, interested parties can contact management@mevcapital.com.
MEV Capital Management Ltd. is registered as an approved manager with the Financial Services Commission of the British Virgin Islands, based at the 4th Floor of the Water’s Edge Building, Meridian Plaza, Road Town, Tortola, British Virgin Islands.
Today, MEV Capital Management Ltd. has announced the launch of its new digital asset hedge fund, the MEV Capital Stablecoin High-Yield Fund SP. The fund, based in the Cayman Islands, seeks to capture yields and timed opportunities by deploying trend-agnostic strategies based on digital assets and interacting with Decentralized Finance protocols as well as digital asset derivative and hedging solution providers.
The investment approach of the fund is to use liquidity provision, market-making activities and arbitrage on assets pegged on the dollar which have been chosen for their security, liquidity, balancing mechanism, frequency of price opportunities, and yield return potential.
Laurent Bourquin, Director at MEV Capital Management, stated: “We are delighted to deploy the MEV Capital Stablecoin High-Yield Fund SP to give access to DeFi strategies following a market-neutral mandate to institutional investors, while being in line with regulation and accounting standards.”
The fund is open-ended, registered with the Cayman Islands Monetary Authority (CIMA) and audited by a CIMA-approved auditor. It has opened its subscription this month for the USDC denominated strategy, targeting an AuM of 130M$ through 2023. MEV Capital Management is also looking to open a High-Yield Fund for ETH-denominated strategy later this year and extend their activities towards other Layer 2s overtime.
The fund is managed by MEV Capital Management Ltd., registered as an approved manager with the Financial Services Commission of the British Virgin Islands. Interested parties can contact management@mevcapital.com for further information.
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