The innovative platform features 9
crypto hedge fund strategies, establishing 3iQ as
frontrunner in crypto hedge fund managed accounts and
active digital investment strategies.
NEW
YORK, Nov. 30, 2023 /PRNewswire/ -- 3iQ Digital
Assets (US), subsidiary of 3iQ Corp., one of the world's leading
digital asset managers, today announces a significant advancement
in the digital asset management space. The company has launched the
industry's first comprehensive suite of crypto
hedge fund managed accounts through the 3iQ Managed Account
Platform (QMAP). The platform will launch with $50 million of capital from 3iQ and institutional
investors.
As the first platform of its kind, QMAP connects institutions
with digital asset alpha strategies in a secure, transparent, and
efficient framework. QMAP is led by Louis
LaValle, a seasoned industry veteran with over 20 years'
experience investing in hedge funds and structuring managed
accounts for institutional investors.
Louis LaValle, head of QMAP
and 3iQ's institutional investment division, says: "The shift
towards active management in digital assets is evolving rapidly,
and crypto hedge funds are at the forefront. We're
witnessing a repeat of the growth seen by their traditional
counterparts in the late '90s and early 2000s. Over the last
decade, traditional hedge funds have seen a decline in alpha
generation. Now, the trading talent and infrastructure in
traditional finance is shifting towards crypto to
capitalize on the market's maturing infrastructure and structural
inefficiencies. It's a defining moment for the industry and for
discerning investors to tap into unique alpha opportunities only
available in digital asset markets."
QMAP stands out as the digital asset industry's first buy-side
multi-manager hedge fund managed account platform. As opposed to
sell-side investment marketplaces that typically offer a wider
array of investment choices with due diligence left to the
end-investor, QMAP adopts a proactive approach that incorporates a
thorough process for sourcing, selecting, and approving investment
strategies before making them accessible to investors. 3iQ has
evaluated over 100 crypto hedge fund managers and has
selected a subset of 9 as best-in-class for their consistent alpha
generation and superior risk management.
LaValle added: "We're in search of exceptional teams that
have a clear, identifiable competitive edge in the market. Our
criteria are stringent. We prioritize institutional pedigree,
specialized expertise, exceptional operational capabilities,
performance consistency and, most importantly, integrity. After an
extensive due diligence process, we selected those we consider the
best in their strategy categories. These managers are leveraging
their decades of traditional investment experience to innovate
within the digital asset markets. Many of them have extensive track
records successfully navigating through multiple
crypto market cycles."
The platform offers a range of strategies, each managed by
experienced crypto hedge fund professionals, including
Long Biased, Long/Short, Quantitative, Relative Value, and Event
Driven. The strategies available on QMAP are:
- 3iQ Absolute Return
- 3iQ All Weather
- 3iQ BTC 25
- 3iQ Digital Alpha
- 3iQ Digital Lending
- 3iQ ETH 25
- 3iQ Multi-Factor
- 3iQ Relative Value Arbitrage
- 3iQ Systematic Alpha
QMAP's managed account structure is an ideal fit for
institutional allocators seeking multi-manager exposure. Managed
accounts allow for direct control over assets, the ability to
customize investment strategies, and enhanced transparency and risk
management, positioning them as a practical alternative to
traditional fund-of-funds, which often lack those features.
Key investor benefits of QMAP include:
- Full operational control of assets with investment
decision-making delegated to managers.
- Real-time overview of investment risks and exposures with 100%
position-level transparency.
- Institutional-grade infrastructure that effectively
minimizes counterparty and operational risk.
- Pre-negotiated terms with managers with no double layer of fees
to access the platform.
- Options to customize investment allocation or use 3iQ model
portfolios at no additional cost.
"Our objective with QMAP is to create a platform that offers
attractive investment strategies while also providing the
much-needed operational familiarity and trust needed in today's
digital asset landscape," said LaValle. "Investors also have
the flexibility to build multi-manager portfolios independently or
leverage 3iQ's model portfolios for allocation oversight. This
makes QMAP not just a platform, but a comprehensive solution that
helps bridge the gap for institutional allocators."
For more information on QMAP, please visit:
http://www.3iqcapital.com
About 3iQ Digital Assets (US)
3iQ Digital Assets (US) is subsidiary of 3iQ Corp. Founded in
2012, 3iQ is one of the world's leading digital asset investment
fund managers, offering investors convenient and familiar
investment products to gain exposure to digital assets. 3iQ was the
first Canadian investment fund manager to offer public
bitcoin investment funds: The Bitcoin
Fund (TSX: QBTC) (TSX: QBTC.U) and the 3iQ Bitcoin ETF
(TSX: BTCQ) (TSX: BTCQ.U), as well as public ether investment
funds: The Ether Fund (TSX: QETH.UN) (TSX: QETH.U) and the 3iQ
Ether Staking ETF (TSX: ETHQ) (TSX: ETHQ.U). The firm manages
$592 million in assets under
management (AUM) as of November
28th, 2023. To learn more about 3iQ, visit
3iq.io.
Investor Relations: IR@3iqcapital.com
Contacts
Ryan Graham,
JConnelly
862-777-4274
rgraham@jconnelly.com
Julie Mercuro, JConnelly
973-349-6471
jmercuro@jconnelly.com
Important Disclosure
This press release is for informational and educational purposes
only. The information contained herein is NOT and should NOT be
considered to be any of the following: investment advice or
investment research; a solicitation, offer, or recommendation to
sell or buy any specific asset, strategy, product, or program; or
legal, tax, or other advice. The purchase of
cryptocurrency is speculative and involves a high
degree of risk and should be undertaken only by individuals whose
experience allows them to evaluate the risks of such an investment,
whose financial resources are sufficient to enable them to bear the
economic risks of their purchase for an extended period of time,
and who can afford a significant or entire loss of the value of
those assets.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/3iq-launches-crypto-hedge-fund-platform-for-global-institutional-investors-expanding-into-active-management-302001794.html
SOURCE 3iQ