Stouff Capital has delayed the launch of a planned global macro crypto hedge fund due to ongoing turmoil in the digital assets markets, according to a report by CityWire.
Stouff Capital has delayed the launch of a planned global macro crypto hedge fund due to ongoing turmoil in the digital assets markets, according to a report by CityWire.
The report cites Julien Stouff, CEO of Stouff Capital, as saying that the fund will now be launched as soon as ‘things normalise’. Stouff added that the firm made a profit this year.
Portfolio manager Julien Bittel joined Stouff specifically to launch the new fund but has now quit the firm less than a year later to join Global Macro Investor (GMI) as head of macro research. GMI provides macro research services for hedge funds, asset managers, sovereign wealth funds and family offices.