Alan Howard’s Elwood Eying to Launch a $1 Billion Crypto Venture
Elwood Asset Management, an investment firm owned by British billionaire Alan Howard, is planning to launch a $1 billion venture to invest into crypto hedge funds. In an interview with the Financial Times on Friday, Bin Ren, chief executive of Elwood, revealed that the asset management firm is already in the process of developing the new platform which would tailor portfolios of crypto-based funds for institutional investors.
