Key Takeaways
- • Further Asset Management and 3iQ Corp. jointly launched the Further x 3iQ Alpha Digital Fund, a market-neutral, multi-strategy hedge fund seeded with $100 million from institutional investors, family offices, and sovereign wealth funds.
- • The Fund offers dedicated Bitcoin and broader digital asset share classes designed to deliver double-digit potential returns through risk-managed exposure to liquid digital assets within an institutional-grade framework.
- • An Abu Dhabi-based family office anchored the Bitcoin share class with a significant in-kind investment, positioning the fund to accumulate Bitcoin exposure while maintaining long exposure to the asset.
- • The partnership addresses institutional barriers to digital asset allocation by combining Further's digital asset investment expertise with 3iQ's institutional infrastructure and compliance capabilities, positioning the solution as a institutional-grade alternative to direct crypto exposure.
- • The fund structure targets sovereign wealth funds, family offices, and institutional investors seeking regulated, disciplined access to digital asset alpha in an environment requiring heightened due diligence and risk controls.
Summary
Further Asset Management and 3iQ Corp. announced the launch of the Further x 3iQ Alpha Digital Fund, a market-neutral, multi-strategy hedge fund offering institutionally risk-managed exposure to digital assets. The fund was seeded with $100 million and represents a strategic partnership combining Further's digital asset investment management expertise with 3iQ's established institutional infrastructure and digital asset investment solutions platform.
The fund structure includes two distinct share classes: a broad digital asset multi-strategy vehicle and a dedicated Bitcoin share class. The Bitcoin share class has been anchored by a significant in-kind investment from an Abu Dhabi-based family office, demonstrating sovereign and ultra-high-net-worth participation in the digital asset space. This structure is designed to enable investors to accumulate Bitcoin exposure while maintaining long positioning in the asset, within a framework meeting institutional due diligence standards.
According to Pascal St-Jean, President & CEO of 3iQ, the fund directly addresses core challenges institutional investors face when accessing digital assets. "It provides a secure and efficient way to allocate within a framework that meets the highest standards of institutional due diligence," St-Jean stated. The partnership targets potential double-digit returns through a disciplined, risk-managed approach suitable for family offices, sovereign wealth funds, and institutional allocators seeking exposure to liquid digital assets without constructing proprietary infrastructure or managing direct custody and operational risk.
The launch reflects continued institutional adoption of regulated digital asset investment vehicles and underscores demand from sovereign and ultra-high-net-worth investors for compliant, professionally managed entry points into the crypto ecosystem. By combining market-neutral and multi-strategy methodologies with dedicated share classes for specific digital assets, the fund structure acknowledges the divergent risk profiles and allocation objectives within the institutional investor base.
The fund structure includes two distinct share classes: a broad digital asset multi-strategy vehicle and a dedicated Bitcoin share class. The Bitcoin share class has been anchored by a significant in-kind investment from an Abu Dhabi-based family office, demonstrating sovereign and ultra-high-net-worth participation in the digital asset space. This structure is designed to enable investors to accumulate Bitcoin exposure while maintaining long positioning in the asset, within a framework meeting institutional due diligence standards.
According to Pascal St-Jean, President & CEO of 3iQ, the fund directly addresses core challenges institutional investors face when accessing digital assets. "It provides a secure and efficient way to allocate within a framework that meets the highest standards of institutional due diligence," St-Jean stated. The partnership targets potential double-digit returns through a disciplined, risk-managed approach suitable for family offices, sovereign wealth funds, and institutional allocators seeking exposure to liquid digital assets without constructing proprietary infrastructure or managing direct custody and operational risk.
The launch reflects continued institutional adoption of regulated digital asset investment vehicles and underscores demand from sovereign and ultra-high-net-worth investors for compliant, professionally managed entry points into the crypto ecosystem. By combining market-neutral and multi-strategy methodologies with dedicated share classes for specific digital assets, the fund structure acknowledges the divergent risk profiles and allocation objectives within the institutional investor base.
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