Key Takeaways
- • Arthur Hayes' family office is seeking at least $250 million for a debut private equity fund focused on medium-sized cryptocurrency firms, according to Bloomberg.
- • The fund plans to invest $40 million to $75 million per deal and acquire as many as six companies.
- • Target investments are service providers in the crypto sector, including trading infrastructure and analytics platforms.
- • Maelstrom co-founder and managing partner Akshat Vaidya outlined the strategy in an interview.
Summary
The family office of Arthur Hayes, the cryptocurrency figure who co-founded the derivatives exchange BitMEX, is seeking at least $250 million for a debut private equity fund that will target medium-sized crypto firms, according to Bloomberg.
According to Maelstrom co-founder and managing partner Akshat Vaidya, who spoke to Bloomberg in an interview, the fund plans to invest between $40 million and $75 million per transaction. It intends to acquire as many as six companies. The strategy centers on service providers within the digital asset ecosystem, including firms offering trading infrastructure and analytics platforms.
The fundraise represents a move by a prominent crypto industry figure into structured private equity, applying a buyout approach to operating businesses rather than direct token exposure. The article does not disclose a final close, a fund term structure, or the identities of prospective limited partners.
According to Maelstrom co-founder and managing partner Akshat Vaidya, who spoke to Bloomberg in an interview, the fund plans to invest between $40 million and $75 million per transaction. It intends to acquire as many as six companies. The strategy centers on service providers within the digital asset ecosystem, including firms offering trading infrastructure and analytics platforms.
The fundraise represents a move by a prominent crypto industry figure into structured private equity, applying a buyout approach to operating businesses rather than direct token exposure. The article does not disclose a final close, a fund term structure, or the identities of prospective limited partners.
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