- What motivates the CKC team to work on the project and to work in crypto?
- What makes CKC's approach and strategy stand out?
- What is CKC’s approach to volatility?
- How do current events affect CKC's strategy?
- Do you have documentation about CKC that you can share?
- How big is CKC?
- How does CKC onboard investment fund partners and clients?
- What exactly is CKC?
- Should sophisticated investors and wealth managers include crypto in investment portfolios?
"Helping diversify wealth and increase financial freedom via crypto in a responsible, transparent, and risk-mitigated manner ... [is] part of a virtuous cycle that in turn can also help grow a larger and more inclusive financial system that helps provide more people with greater access a global economy."
What motivates the CKC team to work on the project and to work in crypto?
You can view the professional backgrounds of CKC founders David and Brendan here. For additional context in terms of what informs our vision, David’s research background as a world traveler and as a Fulbright Scholar in international social development makes him passionate about the bottom-up democratization potential of blockchain technology and cryptocurrencies. He sees his work — helping diversify wealth and increase financial freedom via crypto in a responsible, transparent, and risk-mitigated manner (often called “unbanking the banked”) – as part of a virtuous cycle that in turn can also help grow a larger and more inclusive financial system that helps provide more people with greater access a global economy (often called “banking the unbanked”). For more context on David’s philosophy, see here.
Relatedly, Brendan has a long-held fascination with inflation challenges around the world, and their effects on the global economy. In turn, he has become fascinated with the anti-inflationary potential of gold and precious metals, as well as of bitcoin (often called “digital gold”) and other cryptocurrencies by extension. Ultimately, he has witnessed firsthand the power of crypto investments to produce transformative financial results. For these reasons, he is enthusiastic about helping others maximize their benefit from cryptocurrency as well. See here for (external but related) reading on inflation challenges as related fiat currency.
Finally, CKC.Fund (CKC Management LLC – a private fund manager/operator) works with ChainBLX, a private alternative asset fund administration platform and corporate development agency whose mission is to bring increased transparency and optionality to the overall alternative asset investment ecosystem for investors and funds alike, by enhancing liquidity opportunities, minimizing logistical overhead, increasing oversight, and heightening due diligence.
What makes CKC's crypto fund management strategies stand out?
Below are a few areas of focus that CKC takes in its crypto fund management services:
- Performance: Routinely outperformed bitcoin (BTC) over a 5-year period.
- Liquidity: Funds can be received as crypto, USD, or stocks. Part of a private alternative assets exchange network where investors can rebalance into funds in fine art, litigation, AI, and beyond.
- Risk Management: Implementing well-rounded portfolios across digital asset classes and crypto use cases helps the funds we manage benefit from potential market growth while reducing risks from individual assets.
- Technical and Security Infrastructure: Wide range of technical, security, and auditing technologies and partnerships to help protect the private investment funds that we manage and operate.
- Sidecar Partnerships: Beyond investment opportunities into the main fund, we are able to quickly and cheaply set up actively or passively managed separate vehicles for high-ticket investment amounts.
What is CKC’s approach to volatility?
Ultimately, cryptocurrency is a nascent asset class, and as such experiences volatility. This volatility has exhibited low correlation with traditional markets such as treasuries, equities, and real estate, making crypto an attractive hedging mechanism in many sophisticated investors' portfolios. The volatility of crypto comes with rewards, which CKC seeks to enhance, as well as with risks, which CKC seeks to mitigate. First, we continue to focus on allocating into projects that have outsized performance potential while strategically diversifying (including across small-, medium-, and large-cap investments, as well as across subsets of crypto market, and various other categories). We expect these opportunities to continue being accessible as the market matures. Second, as we increase our assets under management (AUM), CKC focuses on helping drive improved collective bargaining power for the funds we manage (for example, providing greater ease of access to exclusive private sales with high yield potential). Third, as a hybridized/diversified private crypto fund manager/operator, we will continue to expand on the types of yield-generating tactics we employ.
How do current events affect CKC's strategy?
Overall, we focus on a multi-year model with a diversified approach in terms of both currency allocations and value-add tactics, so nothing will fundamentally change. We are often able to enter some of our positions at a discount during major events that have macroeconomic impact, and to sell later at a premium while holding major gains on other positions for the longer term. Corrections in the broader market in general as well as in the crypto market in particular are common occurences. When these occure, we generally aim to make additional opportunistic plays while maintaining a long-term approach for adding value to the private digital asset investment funds that we manage and operate.
Do you have documentation about CKC that you can share?
All of the documents on the website are periodically updated with the most recent data.
How big is CKC?
The live testing portfolio from 2017 to 2023 had an ATH of $3.5M in AUM. New vehicles are currently launching.
How does CKC onboard investment funds and clients?
We generally are able and willing to set up calls or meetings to provide additional information — for example, we can walk suitable interested parties through our deck. Entities or individuals who wish to work with CKC must meet Cayman Islands requirements, as well as the requirements of their country of residence. Once these conditions are met, they must complete our subscription documents. These are to be sent back to us as hard copies (required by our nationally accredited Cayman Islands auditors), although digital copies can also be emailed in advance of the hard copies to speed up the process if desired. The overall timeline is generally 2 to 3 weeks. In terms of sending capital, we are able to accept fiat currencies (such as U.S. dollars), but are also able to accept cryptocurrencies (such as bitcoin), or stocks (such as Google). Depending on your specific country and your financial situation, investing in the form of stocks and cryptos with unrealized capital gains may have financial upsides — please consult with a tax professional in your area.
What exactly is CKC?
CKC Management LLC is a private investment fund manager. Investments in private funds (such as those private funds managed by CKC Management LLC) are illiquid and involve a high degree of risk. CKC Management LLC manages private investment fund vehicles managed and administered by ChainBLX-SPC, a Cayman Islands segregated portfolio company. In managing these Cayman Islands fund vehicles, CKC Management LLC has not been registered with the U.S. Securities and Exchange Commission (SEC) as an investment advisor. ChainBLX-SPC fund vehicles are registered with and regulated by Cayman Islands Monetary Authority (CIMA), and have undergone Reg D 506(b) filing with the U.S. SEC. In the U.S., such investments are limited to accredited investors.
Should sophisticated investors and wealth managers include crypto in investment portfolios?
Should a diversified investing strategy include crypto assets? With growing numbers of high-net-worth individuals around the world personally investing into digital assets such as NFTs, bitcoin, cryptocurrencies, and other crypto assets investors have been placing ever-mounting demands on financial firms, private bankers, and advisors to adopt crypto asset diversification techniques. Aside from experiencing pressure to add such crypto assets to their clients’ portfolios, investment managers are also facing the intricacies and dangers that the realm of crypto assets poses.
In addition to market risks, the crypto asset world is plagued by the complexity of navigating through the countless options available and the constant fear of losing funds – not only due to immature infrastructure but also due to malicious actors. According to our research, such risks and complexities reflect on the fact that just about 10% of investment firms, private bankers, and investment advisors provide their clients with such diversification options, while about 30% of investors are driving the demand for such services.
This crypto diversification overview article co-authored by the founder of ChainBLX, Karl Seelig, and the founder of CKC.Fund, David Doss, addresses whether a diverse investing strategy should contain crypto assets when focusing on three questions: First, are crypto assets a sound investment, fraud, or based on mere market exuberance? Second, what would be proper diversification strategies? Third, how and when might such diversification be offered to investors and clients – and how and when might it not?"
The article explores potential answers to the above questions by summarizing topics covered at Digital Davos 2023. Disclaimer: This article does not provide any investment or legal advice. It merely expresses the authors’ opinion and is intended to spark further conversation about the topic. We encourage everyone to conduct further research and seek professional advice before undertaking any investments.
