Arthur Hayes Preparing $250 Million Private Equity Fund for Crypto Firms

Arthur Hayes, co-founder of BitMEX, is making a significant return to the crypto sector through his family office, Maelstrom, which is seeking to raise at least $250 million for its debut private equity vehicle, Maelstrom Equity Fund I. The fund plans to acquire four to six medium-sized companies in the crypto space, focusing on firms providing trading infrastructure, data analytics, and technology services, with individual investments ranging from $40 million to $75 million. This new fund marks a strategic pivot for Maelstrom, shifting from token-focused venture investments to concentrating solely on equity in cash-generating, off-chain companies to ensure clearer valuations and sustainable growth. Acquired companies will undergo operational improvements before being sold to larger investors within four to five years. The fund aims to attract diverse backers, including institutional players, and plans its first close by March 31, 2026.

(Source：Bitcoin Magazine)