“Fortress has invested directly in Pantera Bitcoin Partners, the limited liability company overseeing Pantera’s Bitcoin fund. Moreover, all future purchases of Bitcoin or other crytpocurrencies by Fortress and its principals will be made via Pantera. In addition to Fortress, Pantera has received investments from venture capital firms Benchmark and Ribbit Captial. Those three firms also recently partnered to invest $20 million into Bitcoin ‘vault’ company Xapo, which happens to hold Pantera Bitcoin Fund’s assets (Pantera also made a small co-investment on that deal, which had not been previously disclosed).”
http://finance.fortune.cnn.com/2014/03/18/bitcoin-hedge-fund/
Related posts:
Will Migrant Workers Drive Bitcoin's Mundane Future?
28 attorneys-general pressure retailers to end tobacco sales
Mississippi county accused of running ‘school-to-prison pipeline’
Germans hoarding mountains of gold
Bank of America to Pay $17 Billion in Justice Department Settlement
Oklahoma execution doctors' secrecy law passed quietly
Financier amasses $1 billion in mining investments, plans hedge fund
Almost Half of Wealthy Chinese Want to Leave, Study Shows
The Rush to Tap Myanmar's Energy Promise
Swiss to tax family of suicide data thief
Luxury private taxi app Uber launches in Zurich
Mongolia Law Signed To Welcome Foreign Investors After Boom Slows
German army's crisis role widened
India finance minister to countrymen: Contain 'uncontrolled passion' for gold
80-Year-Old Man In Bedroom With Handgun Killed By Cops In Morning Pot Raid