Key Points:
At least two former Genesis executives and one former Galaxy Digital executive will join Hunting Hill, according to three sources on December 24th, as the hedge fund operator expands its recruitment in the cryptocurrency area.
There is a great degree of interest in the ebbs and flows of talent from Genesis, which is a struggling bitcoin lender and dealer, despite the fact that the labor market in recent history has witnessed its most competitive conditions ever. The decrease in payrolls is painful for employers as well as people looking for work. However, there is a benefit for those who have dry powder, and that is the fact that there are more talented people than there are openings.
According to insiders, Hunting Hill has appointed Martin Garcia as the chief investment officer of its crypto subsidiary Hunting Hill Digital. Garcia previously spent over six years with Genesis. Adam Genello, a Hunting Hill trader, will serve as portfolio manager for the new fund.
At the end of the year 2021, the entire assets that Hunting Hill possessed amounted to a sum of 718 million dollars. 2010 marked the beginning of operations for the company. In February of 2020, Hunting Hill made its official debut in the cryptocurrency industry with the launch of the Hunting Hill Crypto Opportunities Fund. This event served as the company’s introduction to the sector. The Hunting Hill Crypto Opportunities Fund is in charge of the management of assets that are now valued at around $50 million at this time.
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