Karatage, a number one London-based proprietary hedge fund specializing in digital property and rising expertise, has appointed Shane O’Callaghan as a senior companion and head of institutional technique.
O’Callaghan joins from Dutch market maker IMC Buying and selling, the place he was employed as world head of institutional partnerships and digital asset gross sales for the final yr.
Earlier than becoming a member of IMC, O’Callaghan labored at crypto buying and selling platform Portofino Applied sciences as world head of enterprise improvement, and in addition as head of Europe, Center East, and Africa (EMEA) for now-defunct crypto lender BlockFi.
”Shane didn’t be a part of as a result of it was protected. He joined as a result of the chance is uncommon — to construct one thing daring, aggressive, and genuinely disruptive from the within out,” mentioned Marius Barnett, co-founder and CEO at Karatage, in emailed feedback. “He’s stepping away from elite senior roles to assist us execute at a better degree, transfer quicker, and lift the usual throughout every part we do.”
Karatage is a hedge fund that invests throughout digital property, crypto-native funding funds and firms constructing infrastructure, services or products for the blockchain economic system. Based in 2017, the agency emerged in the course of the early progress of institutional digital asset investing and has remained lively via a number of market cycles.
“At Karatage, we’re not taken with incremental progress or well mannered ambition. We’re right here to create a dominant drive — and Shane materially strengthens our capability to just do that. That is the start of a a lot greater chapter,” Barnett added.
The fund usually takes a thematic strategy, backing applied sciences and companies it believes may have a structural influence on finance and the broader economic system, together with blockchain networks, decentralized finance (DeFi) and associated companies.
Karatage is thought for combining liquid token investments with longer-term bets on corporations and managers working within the crypto house.
“The agency’s distinctive mix of proprietary capital, technical depth, and strategic imaginative and prescient is strictly what the market requires at present,” O’Callaghan mentioned in emailed feedback. “I’m excited to affix Marius, Stephen, and all the crew to assist drive the agency’s subsequent part of world institutional growth,” he added.
Learn extra: Crypto Funding Agency Blockstream to Purchase TradFi Hedge Fund Corbiere Capital
