Capriole Fund - Institutional Bitcoin Hedge Fund

The Capriole Fund is a licensed and CIMA-regulated systematic macro absolute return hedge fund specializing in Bitcoin and digital assets. The fund serves institutional investors including Fund of Funds, high-net-worth individuals, Family Offices, and institutional allocators across 28+ countries.

Investment Strategy

The fund employs a systematic approach combining AI-powered quantitative models with macroeconomic analysis. Proprietary algorithms integrate over 200 on-chain, financial, and economic data signals to optimize long/short exposure across Bitcoin and traditional macro asset classes. The strategy is directional, inspired by macro investors like Druckenmiller but executed with quantitative precision.

Performance Track Record

Since inception in 2019, the Capriole Fund has delivered:

• 67% annual returns (CAGR) after all fees
• 1,718% cumulative returns after fees
• 31.5% higher risk-adjusted returns than Bitcoin alone
• 357% trailing 12-month returns in equities
• 5+ years of live trading track record
• $1B+ in live trading volume executed
• Zero exposure to FTX during its collapse

Fund Structure & Compliance

The fund operates as a licensed master fund structure comprising:

• U.S. Limited Partnership: Capriole Fund LP (ISIN: US14071T1016)
• Cayman Islands funds: Capriole Master Fund LTD and Capriole Fund LTD
• Fully licensed under Cayman Islands Mutual Funds Act (CIMA-regulated)
• Annual audits by independent accounting firms (4+ years audited)
• Capriole Investments Limited is an approved manager registered in Cayman Islands

Investment Terms

• Minimum Investment: Professional investor requirements apply
• Management Fees: 0% (zero management fees)
• Performance Fees: High-water mark structure applied
• Liquidity: Quarterly subscription/redemption windows
• KYC: Required for all investors
• Investment Methods: USD and cryptocurrency subscriptions accepted

Risk Management

• 24/7 on-chain risk monitoring
• 6+ trading partners for execution and custody diversification
• Custodial arrangements with institutional-grade providers
• Real-time portfolio tracking and rebalancing
• Systematic risk controls integrated into trading algorithms

Target Investors

The fund is designed for:

• Fund of Funds seeking digital asset exposure
• Family Offices diversifying into crypto
• High-net-worth individuals (HNW)
• Institutional allocators
• Professional investors meeting regulatory requirements