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Moon Pursuit Capital launches $100 million market-neutral crypto fund

CoinDesk
Moon Pursuit Capital launched a $100 million market-neutral crypto fund utilizing algorithmic trading strategies.

Summary

Crypto investment firm Moon Pursuit Capital is launching its second fund, a $100 million market-neutral vehicle designed to provide consistent, risk-adjusted returns across digital asset cycles using an algorithmic trading strategy.

The strategy aims to remain market-neutral, generating alpha independent of broad market movements, supplemented by bitcoin accumulation at perceived lows and short-term altcoin trades during momentum periods to boost returns and maintain a high Sharpe ratio.

This launch supports the firm's global expansion, including new offices in the U.S., Dubai, and Singapore, and follows the success of its first fund, which is up over 52% year-to-date. Founder Utkarsh Ahuja noted the fund's multi-jurisdictional structure enhances accessibility and tax efficiency for global investors seeking rules-based digital asset exposure with tight volatility controls.

(Source:CoinDesk)