Prime Factor Capital Announces First Cryptocurrency Hedge Fund

Prime Factor Capital has announced the launch of a cryptocurrency fund catering to growing demand from professional and institutional investors such as sophisticated high-net-worth individual, family offices, and private wealth managers.


Prime Factor Capital also announced that it has closed an equity financing round with Speedinvest, a European Fintech investor, and participation from Entrepreneur First, the world’s leading talent investor.

Nic Niedermowwe

“Blockchain technology is an innovation that has the potential to disrupt a variety of industries,” said Nic Niedermowwe, CEO of Prime Factor Capital.

“Value from this transformation is captured by blockchain-native assets. We have seen growing interest from investors looking to get exposure to cryptocurrencies in order to access their return profile, and to diversify portfolios with an uncorrelated asset class”.

Prime Factor Capital was founded by seasoned professionals with decades of experience in the financial services industry managing complex investment portfolios and structuring bespoke customer solutions at firms such as Blackrock, Legal & General, Goldman Sachs and Deutsche Bank.

Marcel van der Heijden, Partner at Speedinvest continues: “Institutional investors need trusted solutions that are robust and meet their requirements. The Prime Factor team, with their experience in asset management and cryptocurrency trading, have built just that”.

Prime Factor Capital utilises its deep quantitative and cryptocurrency trading expertise to provide innovative solutions for clients seeking exposure to crypto assets.

Prime Factor Capital aims to become the world’s leading crypto asset manager.

The firm is an appointed representative of Helford Capital Partners which is authorised and regulated by the Financial Conduct Authority (FCA).

It uses established fund service providers for functions such as fund administration, audit, and custody.

“It is great to see that the founding team of Prime Factor, who met on the EF programme, have gone on to become one of the most promising crypto start-ups in London. We are pleased to be supporting the team’s vision with a follow-on investment in the current financing round” says Matt Clifford, founder of Entrepreneur First.

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About EF
Entrepreneur First is the world’s leading talent investor. EF invests time and money in the world’s most talented and ambitious individuals, helping them to find a co-founder, develop an idea, and start a company. So far, EF has helped 1,000+ people create 200+ companies, worth a combined $1.5bn.
About Speedinvest
Speedinvest is a pan-European brand of venture capital funds with €200m under management that invests in seed stage technology start-ups. Besides providing financial investments,

Speedinvest actively deploys its network and know-how to support its portfolio companies. Speedinvest’s office in Silicon Valley supports portfolio companies entering the US market.


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