- Advertisement -
- Advertisement -

Related

New Fund Rides the Crypto Wave

Industry Report

- Advertisement -

Stockholm (HedgeNordic) – The price of bitcoin has more than quintupled from the $7,000-level at the end of 2019 to more than $37,000 apiece, enabling both retail investors and hedge fund managers to profit from the digital currency’s momentum. Cryptocurrency hedge fund ARK36, founded and managed by an all-Danish team, returned more than 118 percent in the fourth quarter of 2020, its first operating quarter since launching in October.

ARK36, regulated as an Alternative Investment Fund with Limited Number of Persons (AIFLNP) by the Cyprus Securities and Exchange Commission, advanced an additional 50 percent since the start of 2021. The Cyprus-regulated hedge fund maintains a diversified portfolio of crypto-assets expected to rise in value over time. The fund’s Danish management team, consisting of Ulrik Lykke(pictured right), Mikkel Mөrch (pictured left), Jacob Skaaning, and Marck Bertelsen, mainly maintain positive exposure to cryptocurrencies due to their positive outlook on the space, but retain the flexibility to move the portfolio, partially or entirely, into cash-positions or even short the market.

“Last October’s launch of ARK36 was the culmination of years of planning, so it is gratifying to see the robust shape in which we now find ourselves.”

“Last October’s launch of ARK36 was the culmination of years of planning, so it is gratifying to see the robust shape in which we now find ourselves,” comments Ulrik Lykke (pictured right), Co-Founder at ARK36. “We’ve started the new year in spectacular fashion and are thrilled to see what the rest of the year has in store for us.”

“We’ve started the new year in spectacular fashion and are thrilled to see what the rest of the year has in store for us.”

ARK36 caters to professional investors such as high-net-worth individuals, family offices, and other funds seeking exposure to crypto-assets. ARK36 has secured commitments of over €12 million from investors since its launch in October of last year. The employee count at ARK36 has doubled to ten full-time employees since the launch. The crypto-focused asset manager also seeks to expand its IT team responsible for building a custom-built solution enabling investors to follow their investments in real-time. According to a press release, ARK36 is also seeking to scale up its team focused on account management, administration and compliance operations to keep up with the growing investor interest.

The all-Danish team managing the crypto hedge fund relies on an active investment approach to navigate the fast-changing crypto-asset market conditions. The team dynamically allocates its portfolio across different crypto-assets to achieve the highest returns while minimizing its exposure to the risk and price volatility associated with the cryptocurrency space.

Subscribe to HedgeBrev, HedgeNordic’s weekly newsletter, and never miss the latest news!

Our newsletter is sent once a week, every Friday.

Eugeniu Guzun
Eugeniu Guzun
Eugeniu Guzun serves as a data analyst responsible for maintaining and gatekeeping the Nordic Hedge Index, and as a journalist covering the Nordic hedge fund industry for HedgeNordic. Eugeniu completed his Master’s degree at the Stockholm School of Economics in 2018. Write to Eugeniu Guzun at eugene@hedgenordic.com

Latest Articles

Formue Highlights Private Credit’s Role in New Economic Era

Nordic wealth manager Formue has long prided itself on delivering institutional-grade investment solutions to high-net-worth individuals. As global economic conditions shift, Formue sees an important role...

Chelonia Select Builds on Solid 2024

Stock-picking hedge fund Chelonia Select is off to a strong start in 2025 with an 8.3 percent gain through the end of May, building...

CABA Capital Expands the Flex Series

Danish fixed-income boutique CABA Capital has launched the third vintage of its leveraged, closed-end fixed income strategy: CABA Flex3. The fund aims to deliver...

Aegon AM Launches Capital Call Finance Fund

Aegon Asset Management has launched the Aegon Capital Call Finance Fund, providing institutional investors with access to the capital call finance market – a...

Evli’s Co-Investment Strategy: Opening the Door to Direct Private Equity Deals

Co-investing alongside private equity funds has become increasingly important for institutional investors seeking greater control, reduced fees, and selective deal exposure. Once reserved for...

From Loans to Layers: Navigating the CLO Capital Stack

Collateralized Loan Obligations (CLOs) play an important role in credit markets by bridging the capital needs of corporate borrowers with the return objectives of...

Allocator Interviews

In-Depth: High Yield

Voices

Request for Proposal

- Advertisement -
HedgeNordic
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.