DORADO, Puerto Rico--(BUSINESS WIRE)--DARMA Capital, LLC (“DARMA”) today announced the launch of its first in a series of ‘Optimized Long’ (DOL) trading programs for digital asset investors. Each DOL program professionally manages a specific digital asset that DARMA has determined is fundamental to an institutional digital asset portfolio. The first such program is the DARMA Optimized Long-ETH Fund (DOL-ETH), an Ethereum investment vehicle designed to generate alpha to an ETH benchmark while professionally managing market price volatility and digital asset risks.
Last spring James Slazas left ConsenSys as the Head of Capital Markets to expand his highly successful family office using the same quantitative strategy of DOL-ETH at DARMA Capital, a US registered Commodity Trading Advisor and Commodity Pool Operator. DARMA invests only in highly liquid protocol layer assets that meet its Web 3.0 Investment Thesis. DARMA is supported by traditional institutional service providers such as Opus Fund Services for fund administration, Duff & Phelps for compliance and KPMG in the Cayman Islands for audit.
In addition to institutional investors, the DOL-ETH also provides treasury management services for blockchain companies that have raised ETH. This helps focus their efforts towards building the next generation of technology while having their assets professionally managed.
“DARMA was created to continue to lead advancements in the institutional infrastructure for digital assets. For several years I have worked with many capital market stakeholders and now DARMA has wrapped these separate developments into a strong investment offering for institutional investors and core blockchain participants,” said James Slazas, DARMA’s CEO.
DARMA’s team combines deep capital markets experience with significant blockchain expertise to choose assets that reflect blockchain’s evolution and manage the complexity of these risks. The fund’s comprehensive risk management methodology is managed by John Slazas, DARMA’s Chief Investment Officer. John developed the firm’s quantitative approach to digital asset market risk management based on his prior 30+ years of applied analytics at Commodity Trading Advisor, JS Services Research & Trading, LLC.
“DARMA seeks to mirror our family office strategy to the DOL-ETH program. After choosing fundamentally strong assets that have regulatory clarity, we apply an actively managed risk overlay strategy that is designed to dynamically hedge downside price exposure as well as reduce profit give-back at positive price extremes, with a net effect of creating alpha to our benchmarked digital asset,” said John Slazas, Chief Investment Officer.
Risk management is DARMA Capital’s primary focus as it strives to deliver superior, long-term results for clients requiring confidence and security in digital asset investing.
About DARMA Capital
DARMA is an investment fund registered with the Commodity Futures Trading Commission (CFTC) as a Commodity Pool Operator (CPO) and Commodity Trading Adviser (CTA) and a member of the National Futures Association (NFA). The fund is a Cayman-Delaware Master-Feeder structure with the general partnership and Investment Advisor based in Puerto Rico. All investors are Qualified Eligible Participants (QEP). Supporting the fund are world-class service providers including Greenberg Traurig and Walkers Global for legal counsel, Duff & Phelps for compliance, KPMG in the Cayman Islands for audit, and Opus Fund Services for fund administration.
The firm is based in Dorado, Puerto Rico with additional trading operations in Chicago and Dubai. For more information, please visit www.darma.capital.
Disclosures
This fund is only available to qualified eligible participants. An investor should consider the investment objectives, risks, charges and expenses of the fund carefully before investing. To request a Private Placement Memorandum, please email info@darma.capital.
This press release is provided solely for information purposes and does not constitute an offer or solicitation of an offer, or any advice or recommendation, to purchase financial instruments, and may not be construed as such or serve as the basis of any investment decision.
An investment in the fund involves risk, including loss of principal. The fund is not suitable for all investors. The fund is new and has a limited operating history. Before making an investment decision, potential investors are advised to read carefully the private offering memorandum, the limited partnership agreement, and the related subscription documents and to consult with their tax and financial advisors and legal counsel.
DARMA LLC is a member of NFA and is subject to NFA’s regulatory oversight and examinations. DARMA LLC has engaged or may engage in underlying or spot digital asset transactions in a DARMA Optimized Long-ETH fund. Although NFA has jurisdiction over DARMA LLC and its DARMA Optimized Long-ETH fund, you should be aware that NFA does not have regulatory oversight authority for underlying or spot market digital asset products or transactions or digital asset exchanges, custodians or markets. You should also be aware that given certain material characteristics of these products, including lack of a centralized pricing source and the opaque nature of the digital asset market, there currently is no sound or acceptable practice for NFA to adequately verify the ownership and control of a digital asset or the valuation attributed to a digital asset by DARMA LLC.
