Arthur Hayes’ Maelstrom Targets $250M for Crypto Private Equity Fund
- Maelstrom aims to raise $250 million for its first private equity fund focused on mid-sized crypto firms.
- The fund plans to invest between $40 million and $75 million per deal, targeting up to six companies.
- Investments will focus on trading infrastructure, analytics, and related services, avoiding speculative token allocations.
- The fund is set to be registered in the U.S., using special-purpose vehicles for acquisitions.
- First close is targeted by March 31 next year, with full funding expected by September 2026.
Maelstrom’s strategy emphasizes non-token equity deals based on cash flows, as stated by co-founder Akshat Vaidya. This approach aims to simplify valuations and acquisition processes in the crypto sector.
With a goal of acquiring up to six companies, Maelstrom’s debut fund reflects a significant move into the crypto space with an initial target of $250 million.(Source)
