Hauck & Aufhäuser and Kapilendo launch their first crypto fund
Hauck & Aufhäuser Innovative Capital GmbH, founded by Hauck & Aufhäuser Privatbankiers AG, and the Berlin fintech Kapilendo are jointly launching the HAIC Digital Asset Fund I (WKN / ISIN A2QKF2 — DE000A2QKF2). From January 2021, professional and semi-professional investors can invest in a targeted and cost-effective way in a diversified portfolio of leading crypto assets such as Bitcoin, Ether and Stellar. Hauck & Aufhäuser Innovative Capital GmbH is a capital management company and is responsible for portfolio management, while Kapilendo acts as a crypto depositary.
HAIC Digital Asset Fund I
The fund pursues a passive investment strategy, whereby the allocation of the crypto values is based on the current market capitalization and other quantitative and qualitative criteria. All assets have a high liquidity rate. The new fund will be sold exclusively through Hauck & Aufhäuser and Kapilendo Invest AG. The subscription period is not limited, the minimum investment is EUR 200 thousand.
“We are seeing that digital assets and cryptocurrencies are becoming increasingly attractive with institutional investors. With the launch of our first crypto fund, together with Kapilendo, we have created an innovative investment vehicle that gives our customers inexpensive and secure access to the new crypto asset class while meeting the established quality standards and high demands of Hauck & Aufhäuser, ”says Dr. Holger Sepp, member of the board of Hauck & Aufhäuser.
“The new HAIC Digital Asset Fund I is an exciting tech investment and designed as a portfolio addition for institutional investors. Kapilendo takes over the custody of the crypto assets for the HAIC Digital Asset Fund I. In its function as a crypto depository, Kapilendo Crypto AG is tied into all relevant interfaces of asset servicing and technically seamlessly integrated, ”says Jens Siebert, Chief Solution Officer of Kapilendo AG.
More information about the HAIC Digital Asset Fund I: https://www.hauck-aufhaeuser.com/digitale-assets
About Hauck & Aufhäuser Innovative Capital GmbH
Hauck & Aufhäuser Privatbankiers AG has founded Hauck & Aufhäuser Innovative Capital (HAIC), an investment company for digital assets in Germany. The bank received the necessary BaFin license as a registered capital management company (KVG) on September 30th. This is a further step in expanding the range of services in the Asset Servicing division to include the innovative and future-oriented component of digital assets.
Hauck & Aufhäuser Innovative Capital will in future provide services in the areas of administration and portfolio management of digital assets. The bank and HAIC cooperate with Kapilendo AG and Kapilendo Custody AG as crypto custodians.
About Kapilendo AG
Kapilendo AG offers comprehensive, digital investment banking services for medium-sized companies. Based on the latest technology, Kapilendo makes access to capital easier, faster and cheaper for companies.
On the outside capital side, digital financing solutions are available to SMEs in the form of classic loans, subordinated loans and token-based borrower’s note loans. On the equity side, digital share issues. The placements are made publicly or as private placements.
In digital wealth management, entrepreneurs and high net worth private investors receive innovative investment solutions with personal advice. The range of services includes robo-advisor services and alternative investment strategies in the areas of private debt, private equity, real estate and cryptocurrencies.
Kapilendo AG was founded in 2015 and is based in Berlin. Together with its subsidiaries, Kapilendo has a license from the Federal Financial Supervisory Authority (BaFin) for investment brokerage, investment advice, brokerage and financial portfolio management in accordance with Section 32 (1) of the German Banking Act (KWG) as well as a license for crypto custody business.