News/Crypto Hedge Fund Pangea Fund Closed $85 Million Financing with Alameda Research and Others

Crypto Hedge Fund Pangea Fund Closed $85 Million Financing with Alameda Research and Others

May 05,2022,10:29
Pangea Fund, a crypto hedge fund, closed an $85 million round of funding with participation from Bain Capital, ParaFi, Alameda Research and others. Individual investors include USV co-founder Brad Burnham, Apollo Global Management co-founder Josh Harris, Multicoin Capital partner Kyle Samani, and others. Founded by former Messari analyst Ryan Watkins and Daniel Cheung, formerly of Jennison Associates, Pangea Fund will focus on long-only strategies.
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