$100 Million Crypto Hedge Fund By JCE Capital Management Launches In Colorado
JCE Capital Management Launches $100 Million USD Crypto-Focused Hedge Fund
A private equity and hedge fund called JCE Capital Management, L. P., from Denver, Colorado, has started a new crypto hedge fund which will be called JCE-CM2, or “the Fund”. The Fund will be a managed portfolio that will contain crypto assets with high-conviction positions, focused on active management.
The main goal of this new fund to achieve good capital appreciation and returns for the users. To do it, the value in crypto assets will be secured by cryptography and the blockchain technology.
According to Chris de Diego, the Managing Partner of JCE Capital Management, blockchain and cryptocurrency are revolutionizing how business is done on the blockchain because they let people use new ways to govern and to store or transfer value.
He believes that these assets are an important innovation, maybe the most important one since the invention of double-entry accounting in the 1400s. According to him, the technology has the potential to even change the world.
As crypto assets and their awareness continue to grow, the market is more interested now in tokens like Bitcoin and Ethereum. According to a recent analysis made by RBC Capital Markets, long-term investments in crypto are here to stay and will continue to grow in the future.
One of the objectives of this new fund is to “maximize risk-adjusted returns by active management of 15-35 high-conviction portfolio positions. This way, the cryptos will give more money to the investors”.
About JCE Capital Management
JCE Capital Management was founded by its lead investor Chris de Diego. This hedge fund and private equity firm use the knowledge of its experts to maximize the gains of the clients and now to let them invest in blockchain technology such as Initial Coin Offerings (ICOs) and Bitcoin.
For over two decades, de Diego has been providing strategic vision for the company to move forward in the market and implementing new tactics and guiding the vision of the company. According to the press release of the company, he is described as a “proven leader”.