Lendary Capital expands in Asia with launch of Crypto Alternative Debt Fund
HONG KONG, 31 October 2022 /PRNewswire/ — Lendary Asia Capital, the Hong Kong and Germany-based Investment Management Group continues to expand its alternative investment strategies with the launch of its Crypto Alternative debt fund.
Building on the success of Lendary.net’s automated margin lending platform, Lendary Asia Capital’s latest multi-strategy alternative credit fund focuses on return opportunities across the digital asset space without investing in any cryptocurrencykeep the level of risk and volatility as low as possible.
The fund actively manages several credit strategies, including short-term credit and liquidity supply to digital asset banks, centralized exchanges and hedge funds in the digital asset area. Institutional investors with a low, medium risk profile who are exploring the possibility of entering the digital asset market found the fund particularly attractive.
Best-in-class investment solutions, multi-year track record
Led by the Chief Investment Officer Benjamin ThomsenThe Lendary Asia Capital team is a mix of experienced asset managers, data and IT professionals with years of experience in developing quantitative strategies that provide innovative investment solutions with exceptional risk and liquidity characteristics.
The existing strategy has delivered consistently positive returns and maintains consistent performance since its launch in May 2022 and despite recent market volatility and decline, the alternative credit fund has averaged 7.24% annual returns, with no withdrawals.
“We wanted to prove that even in a bearish market we can still deliver consistently positive returns to our investors and our alternative credit strategies can be an attractive option to diversify a balanced portfolio” explained August A. Makszin, co-founder of Lendary Asia Capital; why they have decided to go ahead and not postpone the launch of the fund given the current market conditions. “Since we don’t invest in anything volatile crypto asset, we don’t really see ourselves as one crypto fund, he added, “We’re probably somewhere between traditional and digital assets.”
The Lendary Asia Capital team will attend the upcoming Hong Kong FinTech Week exhibition with their automated margin lending platform Lendary.net. 31 October to 4 Novembertogether with other fintech giants to chart the industry’s future through conversation and collaboration.
SOURCE Lendary Asia Capital
