Moon Pursuit Capital Launches $100 Million Market-Neutral Crypto Fund

Moon Pursuit Capital announced the launch of its second fund, a $100 million market-neutral quantitative crypto fund designed for allocators seeking asymmetric upside with lower volatility exposure. The fund is structured as a fully liquid vehicle anchored by a market-neutral algorithmic trading strategy that operates throughout the fund's lifecycle to generate consistent alpha across all market conditions. Complementing this core engine are two opportunistic overlays: selective Bitcoin accumulation at cycle bottoms and short-term altcoin positioning during high-momentum phases, each designed to layer additional alpha on top of baseline performance.

The strategy is engineered to sustain a high Sharpe ratio and preserve returns even as broader markets undergo extended drawdowns, offering a level of risk-adjusted consistency rarely found in a sector defined by volatility. Utkarsh Ahuja, Founder and Managing Partner at Moon Pursuit Capital, stated that the past year confirmed that crypto demands a strategy capable of generating alpha in any market environment. He explained that their hedging framework in Fund I proved this approach works, delivering over 180% in returns and a 2.8× gain in just two and a half years in one of the highest-performing asset classes in the world.

Ahuja emphasized that Fund II takes that foundation even further by evolving into a more sophisticated quantitative and algorithmic engine designed to compound alpha regardless of market conditions. He noted that in a space with this much potential, it takes true sophistication to unlock its full upside, and very few vehicles can deliver this level of consistency and precision. The firm is also preparing for its next phase of international growth, with plans underway to open offices in key global hubs including the United States, Dubai, and Singapore. These regional expansions will allow the firm to deepen relationships with investors, exchanges, and strategic partners while positioning closer to emerging capital flows and regulatory developments.

This second fund reflects Moon Pursuit's operational evolution, with the firm having expanded its leadership and established key roles across portfolio management, trading operations, and fund administration. The structure is built to scale intelligently, maintaining agility as algorithmic strategies adapt to new data, market dynamics evolve, and global liquidity cycles unfold. Moon Pursuit's second fund arrives at a time when markets reward strategies that can generate strong, risk-managed returns while staying flexible as macro and liquidity conditions shift.

With sentiment swinging and rate expectations evolving, investors are increasingly prioritizing disciplined, rules-based execution. Moon Pursuit's back-tested quantitative framework is built to capture significant upside and deliver outsized performance, positioning the fund to compound strongly across a wide range of market environments. For more information about the firm's approach, visit their website.