Moon Pursuit Capital launches $100M market‑neutral crypto fund Moon Pursuit Capital, a crypto-focused investment firm, is unveiling a $100 million market‑neutral fund aimed at delivering steady, risk‑adjusted returns across digital‑asset cycles. The firm says the vehicle — its second fund — relies on an algorithmic trading engine designed to remain market‑neutral and generate alpha without taking strong directional bets on crypto prices. What “market‑neutral” means here A market‑neutral approach seeks returns that don’t depend on whether broader markets rise or fall. By minimizing exposure to market direction (beta), performance is driven by the manager’s selection, relative value moves, or structural arbitrage rather than overall crypto rallies or selloffs. How the strategy is constructed The fund’s core is an algorithmic, market‑neutral engine. Moon Pursuit layers two overlays on top: disciplined Bitcoin accumulation at what the firm identifies as cycle lows, and short‑term altcoin trades during periods of strong momentum. Those overlays are intended to boost returns and help preserve a high Sharpe ratio — a standard metric that measures excess return per unit of risk — through drawdowns. “We are structuring the fund across multiple jurisdictions to align with the needs of a global investor base. This multi‑jurisdictional framework improves accessibility while enhancing tax efficiency — an important consideration in today’s cross‑border capital environment,” said Utkarsh Ahuja, founder and managing partner at Moon Pursuit Capital. Track record and growth plans The new fund builds on Moon Pursuit’s inaugural vehicle, which the firm reports is up more than 52% year‑to‑date and nearly 170% since its April 2024 launch. That first fund currently manages about $30 million and is growing, the firm says — evidence, Moon Pursuit adds, that disciplined macro and quantitative strategies can still deliver strong returns in a volatile market. Expansion and investor pitch The fund launch coincides with a broader expansion: Moon Pursuit plans new offices in the U.S., Dubai and Singapore and has added leadership hires across portfolio management, trading and fund administration. The firm is pitching the product to institutional allocators seeking systematic, rules‑based exposure to digital assets with tighter volatility controls, at a time when demand for risk‑managed strategies is rising. Context: volatile market backdrop The move comes after a rocky period for crypto: markets lost more than $40 billion in October and many funds reported double‑digit losses. Moon Pursuit says its strategy declined only about 3% during that stretch, positioning the new fund as an option for investors prioritizing downside control in volatile environments. Read more AI-generated news on: undefined/news

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