Motus Capital Management, a new firm formed by a trio of executives who left Citibank last month, is looking to raise $100 million for two actively managed crypto hedge funds, according to a report by Bloomberg.
Motus Capital Management, a new firm formed by a trio of executives who left Citibank last month, is looking to raise $100 million for two actively managed crypto hedge funds, according to a report by Bloomberg.
The report says that Kriete and Girasole left Citibank less than a year after being appointed to head up a new digital assets group in the firm’s wealth management division. The third, Frank Cavallo, was formerly an investment counselor at Citigroup overseeing $8 billion of assets.
All three are said to be investing their own money in the new funds, with one set to be focused one growth and the other on income.
