Promontory Technologies Goes Live for External/LP Investors

Road
Town,
British
Virgin
Islands,
June
25th,
2024,
Chainwire

Promontory
Technologies
is
excited
to
announce
the
launch
of
its
Promontory
Alpha
Fund,
a
quantitative,
systematic,
multi-strategy
approach
to
trade
liquid
listed
digital
(“crypto”)
assets.
The
fund
is
designed
to
be
market-neutral
and
avoid
deep
drawdowns,
offering
both
a
BVI
vehicle
for
non-US
investors
and
a
Delaware
LP
for
US
investors.

Promontory’s
CEO,
Jackson
Fu,
was
a
day-one
co-founder
of
the
highly
successful
Qilin
Investment,
a
top-rated
quant
hedge
fund
manager
based
in
Shanghai.
Since
its
launch
in
2016,
Qilin
has
managed
USD
$5-7
billion
in
AUM
with
excellent
risk-adjusted
performance,
earning
it
the
nickname
“The
DE
Shaw
of
Asia”.
The
Promontory
team
includes
several
key
members
from
Qilin
and
brings
a
strong
pedigree
in
the
quant
systematic
trading
space
to
the
crypto
markets.

Notably,
the
new
fund
has
attracted
capital
from
investors
such
as
prominent
Asian
family
offices
and
billionaire
entrepreneurs,
which
the
team
hopes
will
underscore
confidence
in
Promontory’s
approach
and
team.

Joining
Jackson
at
Promontory
from
Qilin,
are
CIO
Robin
Liu,
and
several
top
quants
and
developers.
Robin
previously
managed
a
USD
$100
million
(5,000
BTC)
quant
crypto
strategy
at
Amber
Group.
The
Promontory
team,
now
15
strong,
includes
seasoned
professionals
from
BlackRock,
Brevan
Howard,
Deutsche
Bank,
Morgan
Stanley,
OKX,
Huobi,
Gate,
and
WorldQuant.

Promontory’s
strategy
uses
advanced
quantitative
techniques,
data
science,
AI,
machine
learning,
and
risk
modeling
to
identify
uncorrelated
alpha
in
liquid
digital
assets.
By
diversifying
capital
and
risk
across
a
broad
mix
of
sub-strategies
and
factors,
the
strategy
achieves
strong
diversification
and
multiple
sources
of
alpha.
The
team
has
adapted
and
honed
their
models
and
algorithms
over
several
years
to
work
successfully
in
the
crypto
space
and
has
been
trading
these
models
in
the
crypto
markets.

Jackson
commented,
“We
are
thrilled
to
launch
our
external
co-mingled
fund
vehicle.
Our
key
value
proposition
lies
in
our
ability
to
outperform
traditional
hedge
funds
by
capitalizing
on
crypto’s
high
volatility
and
inefficiencies,
all
while
avoiding
the
significant
volatility
and
drawdowns
of
the
underlying
crypto
assets
through
highly
structured
and
repeatable
trading
processes
and
algorithms.”

The
strategy
is
offered
in
USD,
BTC,
and
ETH
share
classes
and
provides
separately
managed
accounts.

For
more
information
on
Promontory
Technologies
and
the
Promontory
Alpha
Fund,
users
can
contact

[email protected]
or
visit

www.promotechfi.com
and
their

LinkedIn
company
page.

About
Promontory
Technologies

Promontory
Technologies
is
the
premier
digital
asset
management
firm
dedicated
to
serving
family
offices,
institutions,
and
high
net
worth
individuals.
Promontory
provides
digital
asset
exposure,
risk
management
and
diversification
through
a
quantitative
systematic
hedge
fund,
venture
capital,
market
making
and
OTC
services.

The
firm
is
helmed
by
a
team
of
seasoned
executives
who
have
successfully
managed
a
quantitative
hedge
fund
with
over
US$7
billion
in
AUM
in
the
traditional
securities
markets,
as
well
as
a
crypto
quantitative
hedge
fund
with
over
US$200
million
in
AUM.

Contacts

Investor
Relations
Director
Charles
Man
[email protected]
Investor
Relations
Director
David
Scicolone
[email protected]