Markets move in cycles. Capital should move with intent. Within one firm, we run three distinct strategies with shared research, risk management and execution. Each pursues its own edge. All of them answer to the same discipline.
We invest in quality companies around their listing, from pre-IPO rounds and cornerstone allocations through the first months of trading, across Hong Kong, the United States and Southeast Asia.
Entry points
Pre-IPO rounds, cornerstone and anchor orders, post-listing positions
Catalysts
Lock-up expiries, index inclusion, first earnings as a listed company
Markets
Hong Kong, United States, Southeast Asia
Liquidity
As set out in the offering documents
□ Strategy 02Income · USD
USD Yield Strategy
A dollar income strategy built on short-duration, high-quality instruments. The aim is steady yield with tight control of drawdown and liquidity.
Instruments
US Treasuries and T-bills, investment-grade credit, onchain dollar yield
Objective
Income above short-term US Treasury yields
Duration
Short, with a focus on capital preservation
Liquidity
As set out in the offering documents
○ Strategy 03Equity · Long-biased
Global Equity Strategy
A concentrated, long-biased portfolio of global leaders in technology, and of the companies building the infrastructure for AI and digital assets.
Themes
AI compute and semiconductors, platforms and software, digital-asset infrastructure
Regions
United States, Hong Kong, Taiwan, Japan, Korea, Europe
Approach
Fundamental research, high-conviction positions
Liquidity
As set out in the offering documents
The shared layerunder every strategy.
Each strategy has its own team and mandate. Research, risk, execution and reporting run once, for all three.
Research+□○
Research
Bottom-up company work and macro views, shared in one research library across the three teams.
Risk+□○
Risk
Firm-wide limits on exposure, liquidity and drawdown, monitored daily across every book.
Execution+□○
Execution
One trading desk for listed markets, primary allocations and onchain venues.
Reporting+□○
Reporting
Monthly letters and position-level reporting for every investor, per strategy and combined.
Custody+□○
Custody
Assets held with independent custodians and prime brokers, with NAV calculated by an independent fund administrator.
