Further Asset Management, a UAE based digital asset investment manager, in partnership with 3iQ Corp, a global pioneer in digital asset investment solutions, have announced the launch of the Further x 3iQ Alpha Digital (“the Fund”) a market-neutral, multi-strategy hedge fund offering risk-managed exposure to digital assets, including a dedicated bitcoin share class.
Seeded with USD100 million from institutional, family office and sovereign investors the firm writes that the fund represents a landmark advancement in sovereign-backed participation in the digital asset ecosystem.
“This Fund directly addresses the core challenges institutional investors face when accessing digital assets,” says Pascal St-Jean, President & CEO of 3iQ. “It provides a secure and efficient way to allocate within a framework that meets the highest standards of institutional due diligence. We believe this investment solution represents a true evolution in the market, empowering institutions and family offices to confidently pursue double-digit potential returns through a disciplined, risk-managed approach.”
“Together, Further and 3iQ are redefining digital asset investing,” says Faisal Al Hammadi, Managing Partner at Further. “We’re providing institutional-grade, risk-managed and scalable access to digital assets, including bitcoin, within a structure that has successfully passed the rigorous institutional due diligence of leading global capital allocators. We believe this partnership brings digital asset strategies to institutional and sophisticated investors safely, securely and effectively.”
The firm writes that the fund’s BTC share class offers a pioneering structure for BTC holders, enabling subscription in BTC and compounding the strategy return in BTC without sacrificing exposure to the underlying asset. This provides a secure, institutionally risk-managed way to remain fully invested in BTC while seeking to benefit from digital market alpha, the firm says.
