MEV Capital launches DeFi hedge fund looking to deploy $130M

MEV Capital Management launches DeFi hedge fund looking to deploy 130 million dollars on the Ethereum chain and Layer 2s.

MEV Capital Management Ltd. is launching a new digital asset hedge fund registered as “MEV Capital Stablecoin High-Yield Fund,” with a novel approach towards asset custody and transparency. The fund interacts with decentralized finance protocols while employing derivatives for hedging solutions to achieve market neutrality.

Unlike traditional open-ended funds, MEV’s new venture provides clients with real-time access to investment monitoring tools and daily P&L for full transparency. Funds will be deployed on the Ethereum public network, using the highest security standards for smart contract whitelisting, on-chain transaction monitoring, and multi-signature management.

Laurent Bourquin, Managing Partner at MEV Capital Management, declared, “Our objective is to give investors access to advanced market-neutral DeFi strategies while being fully transparent and compliant with regulatory and accounting standards.”

The investment approach focuses on liquidity provision, market-making activities, and arbitrage on Tier 1 dollar-pegged assets.

The fund is registered with the Cayman Islands Monetary Authority and audited by a CIMA-approved auditor.

The fund has opened its subscription this month for the USDC-denominated strategy, targeting an assets under management of 130 million dollars through 2023. Additionally, MEV Capital Management Ltd. is looking to open a high-yield fund for an ETH-denominated strategy later this year and extend their activities towards other Layer 2s over time.

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