Via Financial Standard:
One of Australia’s first funds to specialise in crypto asset investments is now open to wholesale investors with its first investment planned for February 1.
Apollo Capital is accepting minimum buy-ins of $50,000 and will invest in digital currencies, other blockchain-based assets and initial coin offerings (ICOs).
Described as an actively managed crypto fund, Apollo Capital offers “institutional level oversight, not often seen in the fast developing crypto market.”
The fund’s investment strategy is driven by Dominet Venture Partners founder and chair Domenic Carosa, chief executive Holger Arians and expert analyst Tim Johnston, alongside Wall Street finance veteran Henrik Andersson and chief executive of bitcoin.com.au Rupert Hackett.
An Apollo statement said: “With two decades of crypto experience between them as well as subject matter experts across global capital markets and venture capital, the team is well-poised to deliver exceptional returns for investors through an actively managed portfolio of crypto assets.”
Andersson, the fund’s chief investment officer, said: “With an Australian Unit Trust we are offering the market something new in a familiar package.”
“The fund provides investors a way to easily diversify into the fast growing crypto space. I’m especially proud of the team we have built and the partnerships we have formed as we take next step,” he said.
Applications ahead of the fund launch will close on January 25 and the fund will thereafter be open to new investors on a monthly basis, Apollo said.
The call for investors comes at a time when there is uncertainty in crypto assets.
Rush in and get your piece of Fuck.
