The hedge fund Banz Capital is launching external fund operations and is now accepting outside capital. The company, which is available to accredited investors, focuses on transparency and fund security in digital, cryptocurrency, and blockchain markets. The fund is open-ended and can now accept investors who are ‘accredited’, meaning they possess either a net worth of $1 million+ or maintain an income that exceeds $200,000 yearly.
Banz Capital, which was only founded recently, has already begun making waves in the investment world through technology Wall Street has never seen before. According to the company’s website, they employ capital management alongside software & blockchain development, which “enables the ability to extract tremendous levels of investment alpha.” Their intuitive and innovative combination of software and strategy seeks to obtain above-average, risk-adjusted returns for investors.
At the forefront of all this innovation is John Iadeluca, who at the ripe age of 21 is founder/CEO of Banz Capital. Iadeluca works with a diverse team consisting of industry veterans, technological savants, and problem solvers, including former banking alumni and skilled developers.
Banz Capital signed its launch with prominent fund administrators ‘Theorem’, who have administered multiple hundreds of millions of dollars for other funds. Through Theorem, Banz looks to offer investors real-time investor portals where they can log in and see their investment progress.
Those wishing to become an investor with this new endeavor must undergo the proper legal and financial processing and must be accredited under U.S. law. Upon passing all criteria and reaching approval, an investor may be admitted into Banz Capital. This process takes just a brief time to complete.