TORTOLA, British Virgin Islands, Aug. 18, 2021 (GLOBE NEWSWIRE) — Global Fund Management, the asset management arm of GDA Group, has launched its latest venture, the Avalon Fund. The fund is launched by 12 Peers Capital, in partnership with GDA Capital, to provide a mixed asset arbitrage vehicle offering short and long exposure to digital assets, equities and fixed income products.
“Our mission is to create long-term value for our investors through the identification of digital asset strategies that generate alpha, while limiting potential downside by generating returns from traditional exposure. to the market like stocks and bonds,” said GDA Group COO Zachary Friedman.
“To successfully manage and grow investment capital in today’s market, a fund manager must have diversified strategies and proven asset allocations. By partnering with GDA, we further strengthen our ability to confidently invest in the digital asset industry,” said Gord Ferguson, 12 CEO of Peer Capital and Managing Director of the Avalon Fund.
The Avalon Fund’s mixed asset investment thesis includes decentralized assets and mining infrastructure assets, equities and fixed income products such as options and derivatives. This asset allocation gives the Avalon Fund a strategic positioning to maximize short-term market opportunities while protecting shareholders from macro volatility. The fund has engaged Circle Investment Support Services (USD) LLC as fund administrator, Northern Trust as custodian, O’Neal Webster as legal counsel and Deloitte & Touche as auditor.
Asset management at The Avalon Multi-Asset Strategy Fund, Ltd. is carried out by a highly specialized and well-equipped group of +10 directors, analysts and researchers, including Gord Ferguson, who brings significant experience in alternative asset investments, and David Shafrir, Executive Chairman of the GDA Group.
“The launch of Avalon is the culmination of months of hard work and brings the GDA Group closer to our long-term goal of creating stronger institutional on-ramps that make digital assets more accessible and desirable to the banking community. traditional investors. Avalon, and all of Global Fund Management‘s upcoming investment products, will provide more sophisticated exposure to one of the most successful asset classes of the past decade,” said David Shafir, Executive Chairman of the GDA Group and Director of the Avalon Fund.
About the Avalon Fund
The Avalon fund is a mixed-strategy alternative investment fund introduced by 12 Peers Capital Markets, in partnership with GDA Capital, offering short and long exposure to digital assets, equities and fixed income products. This asset allocation gives the Avalon Fund a strategic positioning to maximize short-term market opportunities while protecting shareholders from macro volatility.
About Managing Global Funds
Global Fund Management is a leading global digital asset investment and asset management company that invests capital on behalf of institutions and individuals. The fund creates long-term value for investors by identifying strategies that can generate alpha through the new digital asset class, while ensuring that any strategy’s potential downsides are also limited. Global Fund Management seeks to outperform the market and bring to market the best performing fund vehicles for each niche in the digital asset ecosystem, investing in alternative asset classes through hedge funds, d trading algorithms and actively managed private equity vehicles.
About 12 Peer Capital Markets
12 Peers Capital Markets, Ltd. is a broker incorporated in the Cayman Islands and registered with the Cayman Islands Monetary Authority (CIMA). 12 Peers Capital Markets provides professional advisory and investment management services related to fixed income securities, structured bonds and alternative investments for high net worth individuals and institutional investors. For more information, visit https://12pcm.com/.
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Global Fund Management Launches Avalon Fund to Provide Alternative Asset to Investors