Arthur Hayes Launches $250M Private Equity Fund for Crypto Industry
- Arthur Hayes, co-founder of BitMEX, is launching Maelstrom Equity Fund I.
- The fund aims to raise at least $250 million.
- It targets acquiring mid-sized, cash-flowing companies in the crypto industry.
- This marks Hayes’ first external fund focused entirely on control-buyout deals.
Maelstrom Equity Fund I seeks to capitalize on profitable “picks and shovels” companies within the cryptocurrency sector, emphasizing control-buyout strategies. This initiative highlights a strategic shift by Arthur Hayes towards investing in established businesses with consistent cash flows in the evolving crypto market.
By aiming to raise $250 million, the fund underscores a significant investment push into mid-sized companies that provide essential services to the crypto industry, reflecting confidence in its long-term growth potential. (Source)
