Moon Pursuit Capital has launched its second fund, a $100 million market-neutral quantitative crypto vehicle designed for institutional allocators seeking asymmetric returns with lower volatility exposure. The fund represents a sophisticated evolution in digital asset investment strategies, combining algorithmic trading with opportunistic market positioning to generate consistent alpha regardless of market direction.
The fund's core strategy employs a fully liquid market-neutral algorithmic trading approach that operates throughout the fund's lifecycle to generate returns across all market conditions. This quantitative engine is complemented by two opportunistic overlays: selective Bitcoin accumulation during cycle bottoms and short-term altcoin positioning during high-momentum phases. According to the firm, this layered approach is engineered to sustain a high Sharpe ratio and preserve returns even during extended market drawdowns, offering risk-adjusted consistency in a sector historically defined by extreme volatility.
"The past year has confirmed that crypto demands a strategy capable of generating alpha in any market environment," said Utkarsh Ahuja, Founder and Managing Partner at Moon Pursuit Capital. "Our hedging framework in Fund I proved this approach works - over 180% in returns, a 2.8× gain in just two and a half years, delivered in one of the highest-performing asset classes in the world."
The firm's first fund demonstrated the viability of this approach, delivering substantial returns during a period of significant market volatility. The second fund builds upon this foundation with enhanced quantitative and algorithmic capabilities designed to compound alpha regardless of market conditions. This evolution comes as investors increasingly prioritize disciplined, rules-based execution amid shifting macroeconomic conditions and evolving rate expectations.
Moon Pursuit Capital is simultaneously preparing for international expansion, with plans to open offices in key global hubs including the United States, Dubai, and Singapore. These regional expansions will enable the firm to deepen relationships with investors, exchanges, and strategic partners while positioning closer to emerging capital flows and regulatory developments. The firm has also expanded its leadership team, establishing key roles across portfolio management, trading operations, and fund administration to support scalable growth.
The fund's launch reflects broader industry trends toward institutional-grade crypto investment vehicles that can navigate complex market environments. As digital assets mature as an asset class, sophisticated strategies that combine quantitative rigor with market awareness are becoming increasingly valuable for institutional portfolios. Moon Pursuit's approach addresses the challenge of capturing crypto's upside potential while managing the sector's inherent volatility through systematic risk management.
For more information about Moon Pursuit Capital's investment approach and fund offerings, visit https://moonpursuit.com/. The timing of this fund launch coincides with a market environment that increasingly rewards strategies capable of generating strong, risk-managed returns while maintaining flexibility as macro and liquidity conditions evolve.
