2022-5-11 14:56 |
UFG Capital, a leading Cyprian alternative investment fund manager, announced $70 million in assets under management (AUM) for a new private equity fund dedicated to blockchain-related businesses, Invezz learned from a press release.
UFG Capital launched a separate investment strategy in 2021, which was later transformed into a full-fledged investment fund. The value of its investment products is over $1.5 billion AUM.
A balanced approach to blockchain VC investingThe fund’s approach to blockchain VC investing includes crypto-native VC, traditional VC, and tech-focused VC. It allows the fund to use the benefits of each sector in combination.
Expansion in the worksIn response to market demand, UFG Capital aims to develop a comprehensive infrastructure to serve experienced investors in accordance with the law governing alternative investment funds. UFG Capital plans to make the blockchain-oriented fund accessible to a more diverse investor pool by expanding it to more jurisdictions.
Part of an extensive financial networkUFG Capital’s funds are part of an extensive financial industry network, which also encompasses banks, portfolio managers, brokers, administrators, and depositories. This is done to achieve the best results for UFG Capital’s clients. All of these entities contribute to the positive prospects of selected projects.
Convenient exposure to blockchain technologyUFG Capital offers customers the best exposure to blockchain tech thanks to its extensive market experience, widespread access across numerous nations, and high-performing, yet balanced strategies and products.
Maryna Chernenko, Managing Director at UFG Capital, commented:
UFG Capital provides an optimal way for investors to enter the $1.7 trillion global crypto market. In 2021, we started with only a crypto strategy. Now, as this sector for investment is still quite new, volatile, and unexplored, we are offering our clients a complete and reliable infrastructure to protect their assets. The rapid market demand and frequent customer requests gave a quick impetus to the development of the business direction and the study of the market.
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