Key Takeaways
- • AltTab Capital, a cryptocurrency and digital assets hedge fund firm, has opened a new office in London to expand its network of international professional investors and partners.
- • The firm was founded in North America in 2021 and reports current AUM of $19 million across its principal Forerunner Fund and several Special Purpose Vehicles.
- • The Forerunner Fund is an open-ended crypto hedge fund offering four return sources: dynamic holding, yield farming, active trading and cash equivalent reserves.
- • AltTab traces its origins to a family and friends fund established in 2017 by Dr Raymond Ng, a former physician who moved into full-time crypto trading.
- • Michael Silberberg, former Google partnerships and platforms lead, will head the London office as head of investor relations.
Summary
The firm was founded in North America in 2021 and currently manages approximately $19 million in AUM across its principal Forerunner Fund and a number of Special Purpose Vehicles. The Forerunner Fund is an open-ended crypto hedge fund that offers four sources of return: dynamic holding, yield farming, active trading and cash equivalent reserves. AltTab says the fund takes a macro approach to identifying investment themes driving the cryptocurrency market and invests in top-performing cryptocurrencies over a time horizon of months to years. The Special Purpose Vehicles serve as mechanisms for illiquid, venture-style investments offered to the firm's investor base.
AltTab evolved from a family and friends fund established in 2017 by Dr Raymond Ng, a physician by background who had moved into crypto trading full time. Ng founded AltTab as chief investment officer, with Greg Moritz, a former Microsoft and Google engineering specialist, as chief operating officer. Michael Silberberg, a former Google partnerships and platforms lead, will manage the London office as head of investor relations.
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