Altana Specialty Finance Strategy
Restricted to Professional Investors Only
Investment Opportunity
Double-Digit Returns, Low Risk Profile, Alternative Credit
- Trading digital currencies, like Bitcoin, vs fiat currencies is a niche, but rapidly growing market.
- As there are few providers of the liquidity required to enable leveraged trading, traders are willing to pay double digit, short term interest rates to take advantage of Bitcoin’s high volatility.
- There is strong demand for margin trade finance in Digital Currencies with up to $1.5bn borrowed on exchanges at any point in time.
- Given the high rate of fiat money printing, institutions are increasingly using digital currency to achieve uncorrelated returns and as a hedge against inflation, similar to gold.
- Barriers to entry are high so there are few institutional providers of margin financing.
Strategy Highlights
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High interest rates 8-40% p.a.
- High liquidity underlying collateral
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Short-term lending periods [2 and 120 days]
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Interest paid and compounded daily
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Loans systematically placed and managed 24/7
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ASF algorithm places loan offers above minimum targets every 60 seconds
- Diversified loan book (avg. loan size < $20k, > 250K loans made in 2019)
Key Information
ISIN Number
Class A – Optimised Shares: KYG0360S1057
Liquidity
Monthly – Redemption Notice should be sent to the Administrator no later than 4 pm, Cayman Islands time not less than 20 Business Days prior the relevant Redemption Day (first business day of the month.
Minimum Investment
$ 100,000
Inception
7 January 2017
Key People
