Moon Pursuit Capital announced the launch of its second fund, a $100 million market-neutral quantitative crypto fund structured for allocators seeking asymmetric upside with reduced volatility exposure. The fund operates as a fully liquid vehicle anchored by a market-neutral algorithmic trading strategy designed to generate consistent alpha across all market conditions. The strategy incorporates two opportunistic overlays: selective Bitcoin accumulation at cycle bottoms and short-term altcoin positioning during high-momentum phases. These overlays are engineered to layer additional alpha on top of baseline performance while sustaining a high Sharpe ratio and preserving returns during extended market drawdowns.
The past year has confirmed that crypto demands a strategy capable of generating alpha in any market environment. That's exactly what our second fund is built for - staying nimble, extracting returns through all cycles, and operating independently of market direction, said Utkarsh Ahuja, Founder and Managing Partner at Moon Pursuit Capital. He noted that the firm's first fund delivered over 180% returns with a 2.8× gain in just two and a half years, demonstrating the effectiveness of their hedging framework. The second fund represents an evolution of Moon Pursuit's approach, incorporating a more sophisticated quantitative and algorithmic engine designed to compound alpha regardless of market conditions.
The firm has expanded its leadership team with key roles established across portfolio management, trading operations, and fund administration, creating a structure built to scale intelligently while maintaining agility. Moon Pursuit Capital is also preparing for international growth, with plans underway to open offices in key global hubs including the United States, Dubai, and Singapore. These expansions will allow the firm to deepen relationships with investors, exchanges, and strategic partners while positioning closer to emerging capital flows and regulatory developments. For more information about the firm's approach, visit https://moonpursuit.com/.
The fund's launch comes at a time when markets increasingly reward strategies that can generate strong, risk-managed returns while remaining flexible as macro and liquidity conditions shift. With sentiment fluctuating and rate expectations evolving, investors are prioritizing disciplined, rules-based execution. Moon Pursuit's back-tested quantitative framework is positioned to capture significant upside and deliver outsized performance across a wide range of market environments.
