Investor announcement - Syz Group
Dear LPs and friends of the fund,
From the onset of The Well, we have been paving the road to welcome institutional investors in our fund. After a comprehensive due diligence process, we are pleased to announce that Syz Group, a renowned Swiss banking group, has selected The Well among the first allocations made by SyzCrest Digital Uncorrelated fund of funds.
We are proud to be working with the industry’s first alpha-focused crypto portfolio to be managed by a banking group and look forward to growing our institutional grade product by sharing knowledge and insights with TradFi veteran Richard Byworth of Syz Capital and cryptocurrency natives Willy Woo and Martin Baumann, part of CMCC Global, a sub-advisor to the SyzCrest fund, as well as the rest of their excellent team.
In addition to their initial allocation, SyzCrest have secured capacity rights to invest up to $100 million within 18 months, thereby creating a compelling prospect for enduring collaboration.
All the best,
Your team at The Well
This blog post is shared with the intention to provide educational content, general market commentary or company specific announcements. It does not constitute an offer to sell or a solicitation of an offer to buy securities managed by The Well GP.
Any offer or solicitation may only be made pursuant to a confidential Private Placement Memorandum, which will only be provided to qualified offerees and should be carefully reviewed by any such offerees for a comprehensive set of terms and provisions, including important disclosures of conflicts and risk factors associated with an investment in the fund.
Past performance is not necessarily indicative of or a guarantee of future results. The Well GP makes no representation or warranty, express or implied, with respect to the accuracy, reasonableness or completeness of any of the information contained herein, including, but not limited to, information obtained from third parties. The information contained herein is not intended to provide, and should not be relied upon for accounting, legal, tax advice or investment recommendations.
