Scenius Capital’s first investment vehicle is a crypto fund of hedge funds launched in May 2021. The vehicle’s mandate is to achieve net investment returns that outperform the overall digital assets space while mitigating volatility and investment risks inherent to the crypto industry. The fund allocates capital to a portfolio of multi-strategy crypto funds that invest the preponderance of their assets in liquid strategies comprised of digital currencies, tokens, and other crypto assets as well as an allocation to illiquid investments with an expedited path to liquidity (e.g., via SAFT agreements). The fund is long biased to the crypto space and is allocated mainly to fundamental, long-biased strategy, but allocates a portion of AUM to market-neutral / low beta strategies. This allows the fund to capture the majority of upside, while hedging against market downturns in order to compound from a higher basis.