Huobi Founder Li Lin's Family Office Avenir Capital Establishes $500 Million Crypto Quantitative Hedge Fund
Article is form Jinse
September 13, 2024
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On September 12th, Avenir Capital, the family office of Huobi founder Leon Li, announced the establishment of Avenir Crypto, a quantitative crypto hedge fund. The first fund has a size of $500 million.
It is reported that the fund is open to business partnerships and offers three investment tiers: USDT investment limit of 200 million, BTC investment limit of 3,000, and ETH investment limit of 50,000.
Funding options:
- A: 100% investment
- B: 50/50 joint investment
- C: Management team receives the last share
Corresponding profit sharing models:
- A: 0-1% management fee, tiered dividends
- B: Equal share of profits, tiered dividends
- C: Management team receives the last share, tiered dividends or fixed lending interest rate.
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