Typhon Capital Management, a hedge fund that invests in commodities, plans to launch several funds dedicated to cryptocurrencies in January. The funds, with strategies like passive investing, algorithmic trading and arbitraging price differences, will be led by George Michalopoulos, who managed the oil volatility portfolio at Citadel Investment Group until 2011.
“The interest has been staggering,” said James Koutoulas, chief executive of Typhon, citing inquiries from endowments, foundations, and family offices in the Middle East and Asia. “These are investors that won’t return calls for our excellent commodity-trading strategies. For crypto, they’re calling us.”