Moon Pursuit Capital launches $100 million market-neutral crypto fund
Moon Pursuit Capital, a crypto-focused investment firm, is launching its second fund, a $100 million market-neutral vehicle designed to deliver what it said are consistent, risk-adjusted returns across digital asset cycles.
The new fund is built around an algorithmic trading strategy that aims to stay market-neutral and generate alpha without taking a strong directional view on prices, the company said in a press release Wednesday.
A market-neutral strategy is an investment approach designed to generate returns that are largely independent of broad market movements. The goal is to eliminate or greatly reduce exposure to overall market direction (beta) so that performance is driven by the manager’s asset selection, relative value…
