- Advertisement -
- Advertisement -

Related

Hilbert Expands Asset Management Arm

Industry Report

- Advertisement -

Hilbert Group, which operates an asset management business specializing in hedge funds focused on digital assets, has completed the acquisition and integration of digital asset manager Liberty Road Capital. Following this integration, Hilbert Capital plans to launch two new hedge funds in April, targeting yield-enhancing strategies – primarily focused on Bitcoin – to generate additional returns beyond simple price appreciation.

Hilbert Group has acquired Liberty Road Capital’s entire business, including its approximately $110 million in assets under management, intellectual property, and key personnel. As part of the transaction, Liberty Road Capital’s CEO, Russell Thompson, will join Hilbert Group’s board. Liberty Road Capital specializes in digital derivatives trading and asset management in digital assets, including Bitcoin (BTC) and Ethereum (ETH).

“We are very happy to now have closed the deal and successfully integrated LRC into Hilbert” comments Barnali Biswal, CEO of Hilbert Group. “With this acquisition, we have added $110 million in AUM (at current BTC price), significantly expanding our investment footprint,” Biswal announces on LinkedIn. “More importantly, this strategic move enhances our capabilities by incorporating Liberty Road’s expertise in market-neutral, systematic trading strategies, further diversifying our approach.”

“With this acquisition, we have added $110 million in AUM (at current BTC price), significantly expanding our investment footprint.”

Barnali Biswal, CEO of Hilbert Group.

Hilbert Capital plans to launch two new hedge funds in April, focusing on yield-enhancing strategies, primarily built around Bitcoin. “We are particularly excited about the expanded trading strategies this partnership enables, positioning us to capitalize on opportunities in the rapidly evolving digital asset space,” adds Biswal. The fee income from LRC-originated strategies is expected to bring Hilbert closer to breakeven profitability. Additionally, Biswal highlights a pipeline exceeding $100 million for these strategies.

“This partnership marks a defining moment for both companies and for Hilbert’s investors,” comments Russell Thompson, CEO of LRC. “By uniting Hilbert Group’s broad resources, asset management platform, and brand name with LRC’s proven strategies and deep market insight, we’re now perfectly positioned to deliver strong growth and shareholder value creation.” 

Hilbert Group AB, listed on the Nasdaq First North Growth Market in Sweden, operates an asset management arm that runs quantitative investment solutions designed to provide both alpha and beta exposure to digital asset markets. Hilbert Capital currently manages three investable funds, two of which employ hedge fund strategies. The Hilbert V1 Fund is a high alpha, low beta strategy that employs quantitative trading techniques such as volatility trading, long-short trading, and market-making. The Hilbert V30 Fund, on the other hand, follows a convex upside strategy. While both funds aim to maximize returns, Hilbert V1 seeks to do so within a drawdown tolerance of 10-12 percent, while Hilbert V30 has a slightly broader tolerance range of 10-20 percent.

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

Rising Adoption of Quantitative Investment Strategies Among Nordic Investors

From a high-level perspective, there is a clear trend of increasing adoption of quantitative investment strategies (QIS) among Nordic institutional investors, either through the...

EU Plans Stress Test for Hedge Funds and Non-Bank Firms

European regulators are planning a stress test to identify vulnerabilities beyond the traditional banking sector, focusing on less regulated entities such as hedge funds,...

ALCUR Fonder Continues Hiring Spree

Following two earlier additions this year, ALCUR Fonder continues to expand its portfolio management team at a notable pace. The Stockholm-based hedge fund boutique...

Nordic Private Markets Modernize with Data-Centric Trade Lifecycle Automation

By Anders Stengaard Jensen at Indus Valley Partner: In recent years, asset managers in Nordic countries have accelerated efforts to modernize trade operations, particularly...

Norwegian Hedge Fund Industry Sees Major Boost with New Launch

The Swedish and Danish hedge fund industries remain closely matched in size, with Denmark recently edging ahead of Sweden. While still less than half...

Atlant Funds Hold Up in May Despite Mistimed Market Call

Macroeconomic and market forecasts are notoriously difficult, even for experienced hedge fund managers. What matters more than being right, however, is ensuring that incorrect...

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.