VARVCF SP1 Synopsis
Varys Capital's venture fund, registered in ADGM, is now closing in on its $75M capital raise. Supported by domestic entities like FundRock (ADGM registered investment manager), Al Tamimi (legal), Apex Fund Services (administrator), and Crowe (auditor), Varys Capital Ventures CEIC boasts an impressive performance of ~300% IRR and a TVPI over 7x (+700% growth).
Arvind Ramamurthy, Chief of Market Development at ADGM, said, “We congratulate Varys and FundRock on joining hands to manage a feeder fund, here in the ‘Capital of Capital’ - Abu Dhabi. This initiative aligns with ADGM's growth strategies for the digital assets space, focusing on progressive regulations and initiatives encompassing DeFi, Blockchain, and other related sub-clusters.
Proprietary Deal Flow
One unique feature of VARVCF SP1 is our vast network of diverse deal flow channels. Having team members strategically placed "on the ground," combined with the aid of proprietary sourcing technology, allows us access to deals at their earliest stages. The video below highlights a portion of our existing portfolio.
Quantitative Edge
Varys Capital is one of the few venture funds with a well-established high-frequency quantitative trading division, offering us a competitive advantage and intensifying our capacity to generate strong returns to benefit our investor base.
DeFi Opportunities
Decentralized finance is a cornerstone hedge and the perfect yield-bearing opportunity within the digital asset space. The video below highlights some benefits of this new way of supporting blockchain-supported borrowing and lending.
