Key Takeaways
- • 3iQ Corp. and Further Asset Management Holdings Ltd. ("Further") announced a strategic partnership to launch a digital asset multi-strategy hedge fund aimed at institutional and sophisticated investors.
- • The partnership combines Further's institutional investment solutions expertise with 3iQ's Digital Assets Managed Account Platform (QMAP), which 3iQ describes as the world's first platform of its kind.
- • The release positions the fund as a risk-managed, sovereign-backed route to digital asset exposure, targeting custody, operational and volatility concerns that have deterred institutional allocators.
- • Further Managing Partner Faisal Al Hammadi said the partnership reflects a view that digital assets are becoming a permanent allocation in institutional portfolios.
- • The release does not disclose fund size, fee terms, launch timing or domicile.
Summary
The partnership pairs Further's regional expertise and investor relationships with 3iQ's managed account infrastructure. 3iQ points to its Digital Assets Managed Account Platform (QMAP), which it says it launched as the world's first hedge fund investment solution of its kind, as the foundation for the new vehicle. The companies state that the structure is intended to deliver risk-managed, institutional-grade access to digital assets, with a stated focus on technical security, transparency and governance.
The release frames the initiative as a response to long-standing barriers to institutional digital asset allocation, including custody concerns, operational complexity and price volatility. It also cites a "sovereign-backed institutional framework" and says the product is intended to target compelling risk-adjusted returns. Further Managing Partner Faisal Al Hammadi said the partnership "reflects our conviction that digital assets are becoming a permanent allocation in institutional portfolios." 3iQ President and CEO Pascal St-Jean said the solution would let institutions allocate "easily and securely" while benefiting from professional oversight and "the potential for market alpha."
The release does not disclose committed capital, target size, fee structure, launch date or fund domicile. Background on 3iQ, founded in 2012, notes that Monex Group, a Japanese financial group, acquired a majority stake in the firm in 2024, and that 3iQ has previously launched regulated Bitcoin and Ethereum ETPs and staking-enabled Ethereum and Solana ETPs. The release carries a standard disclaimer noting the high risk of digital asset investment, including possible total loss of capital.
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