Galaxy Digital Launches Actively Managed Investment Fund for Digital Assets

Galaxy Digital, a leading digital asset investment firm, has introduced the Galaxy Absolute Return Fund, an actively managed investment vehicle designed to provide exposure to the digital asset ecosystem and adjacent disruptive technologies.

Investment Strategy and Objectives

The fund aims to generate equity-like returns while avoiding direct investments in cryptocurrency tokens. Its multi-asset strategy includes both directional and non-directional positions, investing in publicly traded equities, exchange-traded funds (ETFs), derivatives, and fixed-income instruments. By capitalizing on inefficiencies in digital asset markets, the fund seeks to deliver strong performance while maintaining a low correlation to Bitcoin and traditional indices like the S&P 500.

Risk Management and Adjustments

To mitigate potential risks, the fund employs a risk-adjusted approach, utilizing long and short positions to hedge against volatility. It also benefits from Galaxy’s extensive research and risk management infrastructure. All assets in the fund are traded on regulated exchanges and custodied with traditional financial institutions, ensuring compliance with established financial safeguards.

Leadership and Expertise

The fund is led by Christopher Rhine, CFA, Galaxy’s Head of Liquid Active Strategies. Rhine brings over two decades of experience in asset management, having previously held senior investment roles at Cohen & Steers and BlackRock.

Key benefits of the Galaxy Absolute Return Fund include:

  • Actively managed investment strategy to capitalize on digital asset market inefficiencies
  • Risk-adjusted approach to mitigate potential risks
  • Multi-asset strategy to diversify investments
  • Low correlation to Bitcoin and traditional indices
  • Regulated exchange trading and traditional financial institution custody

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