Key Takeaways
- • Richard Byworth, former CEO of Eqonex Group (a digital asset ecosystem company taken public on Nasdaq), joins Syz Capital as managing partner to lead the firm's liquid alternative investments business.
- • Byworth brings 20+ years of investment experience across investment banking, institutional brokerage roles at Nomura in Tokyo and Hong Kong, and cryptocurrency ecosystem development.
- • The hire reflects Syz Group's strategic expansion into cryptocurrency and digital asset capabilities across its $2 billion alternatives investment arm.
- • Byworth's mandate includes oversight of investment strategy, advisory services, and distribution for Syz Capital's liquid alternatives portfolio.
Summary
Syz Capital, the alternatives investment unit of family-owned Syz Group, appointed Richard Byworth as managing partner to lead its liquid alternative investments business effective October 2022. Byworth assumes responsibility for investment strategy, advisory services, and distribution operations at the Zurich-based independent asset manager.
Byworth's career spans investment banking and institutional markets. He began in London investment banking before relocating to Tokyo and Hong Kong as a managing director at Japanese brokerage Nomura, where he built institutional client relationships across Asia. Most recently, he served as CEO of Eqonex Group, where he developed what the firm describes as the first ecosystem for digital assets, successfully taking the company public on Nasdaq.
Yvan Gaillard, CEO of Bank Syz, positioned the appointment as timely for the group's expansion strategy. Gaillard emphasized that Byworth's cryptocurrency expertise directly supports Syz Group's stated objective to broaden capabilities in digital assets and cryptocurrency across the organization. Syz Capital, operating as an external asset manager focused on both illiquid and liquid investments, integrates Byworth's appointment into a broader institutional push into alternative asset classes and emerging digital finance infrastructure.
Byworth's career spans investment banking and institutional markets. He began in London investment banking before relocating to Tokyo and Hong Kong as a managing director at Japanese brokerage Nomura, where he built institutional client relationships across Asia. Most recently, he served as CEO of Eqonex Group, where he developed what the firm describes as the first ecosystem for digital assets, successfully taking the company public on Nasdaq.
Yvan Gaillard, CEO of Bank Syz, positioned the appointment as timely for the group's expansion strategy. Gaillard emphasized that Byworth's cryptocurrency expertise directly supports Syz Group's stated objective to broaden capabilities in digital assets and cryptocurrency across the organization. Syz Capital, operating as an external asset manager focused on both illiquid and liquid investments, integrates Byworth's appointment into a broader institutional push into alternative asset classes and emerging digital finance infrastructure.
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