Sure, why not? I've seen a number of private equity funds and hedge funds come out of the shadows in recent months, eager to participate in crypto. Of course, they've probably been nudged by all the mainstream coverage of Bitcoin, but I'm sure their own investors are pressuring them for ICO investments. Here's a couple of professional PE/Hedge funds previously only conventional now into crypto:
1. Finles Capital (Dutch based hedge fun)
2. Mainstreet Investment LP
Their whitepapers are pretty impressive. Their experience certainly shows.
1. Finles Capital (Dutch based hedge fun)
2. Mainstreet Investment LP
Their whitepapers are pretty impressive. Their experience certainly shows.
Interesting, thanks.
I wonder why Finles Capital are running an ICO in the first place.
They already have an established business model as a successful private fund, an ICO seems like a technical barrier to entry.
I'm not entirely sure myself to be honest. As I said, I'm pretty sure a lot of the pressure comes from their own investor portfolio. The Dutch are known to be early embracers of Bitcoin - home of Arnheim, the "Bitcoin city", for example. Plenty of blockchain start-ups, gambling industries and private investors who have a stake in crypto. It could also be the threat of losing out - people moving out their capital from hedge funds and PE to invest independently in cryptos and ICOs. Also, I suppose there's good money to be made from managing crypto funds. You'll notice there's the same investment management fees applied to crypto portfolios in both the above examples as is typically found in conventional instruments.
