Fasanara Capital has now raised $100m in its hybrid One Fasanara (F-ONE) offering, which combines tactical private credit and crypto strategies since its launch in January 2025. The strategy gained 7.9% in the first-half of 2025, according to sources.
The strategy called One Fasanara (F-ONE) combines tactical credit ‘best ideas’ (from Fasanara’s SME, Consumer, Real Estate and sports team lending strategies) with a delta neutral crypto market making strategy trading mainly Bitcoin and Ethereum.
F-ONE is targeting institutional investors who are looking to making initial steps to get crypto exposure but don’t want the directional correlation and high volatility of crypto ETFs. The strategy aims to provide a risk-adjusted alternative to institutions looking to begin allocating to crypto amidst the positive developments in US regulation.
Fasanara’s multi-strategy market-neutral approach is designed to be distinct from buying ETFs and taking long-only digital assets risk. The volatility profile, for example, is much reduced and offers institutional investors a conduit that is risk-managed, generates uncorrelated returns, and provides a structured way to participate in crypto markets.
Fasanara’s crypto market neutral strategies are grounded in its long experience in the fintech ecosystem where it runs several lending strategies.
The firm also runs a multi-strategy credit offering – Fasanara Tactical Private Credit (F-TAC). Launched in Q3 2023, it manages over $200mln and gained 7.7% in the first half of 2025, according to sources.
Fasanara’s AUM is over $5bn.
