Key Takeaways
- • Merkle Tree Capital moved MHC Digital Asset Fund investors into a new unit class within its flagship Digital Asset Fund (DAF), consolidating two digital asset track records under one manager.
- • Andrew Palmer, who joins from MHC Digital Finance, was appointed portfolio manager and will co-manage the DAF alongside chief investment officer Ryan McMillin.
- • Merkle Tree Capital positions the DAF as an institutional offering for sophisticated and SMSF investors, backed by Coinbase custody, Lloyd's of London insurance, and independent fund administration with Boutique Capital as trustee.
- • The article does not disclose fund sizes, AUM figures, or performance returns for the DAF or the MHC fund.
Summary
Merkle Tree Capital, a specialist cryptocurrency investment manager serving sophisticated and self-managed super fund (SMSF) investors, has expanded its institutional digital asset offering by transferring investors from the MHC Digital Asset Fund into a new unit class within its flagship Digital Asset Fund (DAF), according to InvestorDaily. The move combines two established digital asset investment track records under a single manager.
As part of the restructuring, Andrew Palmer joins MTC as portfolio manager from MHC Digital Finance. He will manage the DAF alongside chief investment officer Ryan McMillin, which the firm says strengthens its portfolio construction and management capabilities. The article reports that former MHC investors retain continued access to a professionally managed digital asset strategy.
Dean Serroni, chief executive of MerkleTree Capital, said Palmer's track record managing a digital asset fund through multiple market cycles "speaks for itself," adding that the transition gives investors "a clear path forward with the same structure and discipline our existing clients rely on." Palmer said he had watched MTC build its digital asset fund over the past several years and described the arrangement as giving investors "the benefit of two track records under one manager, without disrupting the disciplined investment approach they're used to."
The digital asset portfolio is supported by MTC's institutional infrastructure, including Coinbase custody, Lloyd's of London insurance, and independent fund administration through Boutique Capital as trustee. The article does not specify the size of either fund, the number of investors transferred, or recent performance figures.
As part of the restructuring, Andrew Palmer joins MTC as portfolio manager from MHC Digital Finance. He will manage the DAF alongside chief investment officer Ryan McMillin, which the firm says strengthens its portfolio construction and management capabilities. The article reports that former MHC investors retain continued access to a professionally managed digital asset strategy.
Dean Serroni, chief executive of MerkleTree Capital, said Palmer's track record managing a digital asset fund through multiple market cycles "speaks for itself," adding that the transition gives investors "a clear path forward with the same structure and discipline our existing clients rely on." Palmer said he had watched MTC build its digital asset fund over the past several years and described the arrangement as giving investors "the benefit of two track records under one manager, without disrupting the disciplined investment approach they're used to."
The digital asset portfolio is supported by MTC's institutional infrastructure, including Coinbase custody, Lloyd's of London insurance, and independent fund administration through Boutique Capital as trustee. The article does not specify the size of either fund, the number of investors transferred, or recent performance figures.
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