Amphibian Capital

The main activity of Amphibian Capital is the management of a diversified portfolio of hedge funds (hedge funds) specializing in digital assets, primarily in the cryptocurrency sector. The company offers investment funds ("USD Alpha", "ETH Alpha", "BTC Alpha") that bring together the best quantitative management and trading strategies across the Bitcoin, Ethereum and US dollar markets. Amphibian Capital acts as a "fund of funds" (fonds de fonds), selecting and allocating capital to a limited selection (10-15) of the world's top crypto funds, after having conducted thorough due diligence on more than 700 funds.The services offered include :

• Investment funds offering diversified and optimized exposure to the digital asset market, with active risk management and risk-adjusted return objectives.
• Liquid, transparent investment solutions primarily accessible to accredited investors, large BTC/ETH holders, family offices and institutional investors.
• Institutional support and risk management, with a rigorous approach to fund selection and to managing the volatility inherent in the crypto sector.

Amphibian Capital's target market consists of accredited investors, large cryptocurrency holders, family offices and institutional investors seeking to achieve attractive and steady long-term returns in the digital asset space, while minimizing the risks related to volatility and the direct management of these assets.

Amphibian Capital is a company specializing in the management of diversified portfolios of crypto hedge funds, aiming for optimal risk-adjusted returns in USD, BTC, and ETH. Here are the major milestones of its history and development:

Founding and vision:
Founded by James Hodges (serial founder, crypto investor since 2013, ex-MX.com), Todd Bendell (ex-Merrill Lynch, wealth management, crypto investor since 2014), and other experts from traditional finance and the crypto sector, Amphibian Capital’s mission is to democratize access to the performance of the best quantitative crypto funds while managing risk.

Model and products:
The company has developed a “fund of funds” model, selecting the top 10-15 funds from over 700 analyzed, to offer diversified and liquid exposure to the most successful crypto strategies. It offers three main funds: USD Alpha, ETH Alpha, and BTC Alpha, each aiming for double-digit net returns over the long term, with active management and regular rebalancing.

Innovation and risk management:
Amphibian Capital stands out for its institutional approach to risk management, including only 2% of the funds analyzed in its portfolios. It has implemented proprietary risk optimization and monitoring tools and has managed to limit the impact of major sector crises (e.g., FTX) thanks to strict diversification and prudent counterparty management.

Partnerships and consortium:
The company has formed a consortium of more than 159 leading global funds, market makers, and traders. It has also participated in structuring initiatives for the ecosystem, such as launching the first tripartite agreement in digital assets with Sygnum Bank and Binance, aimed at strengthening the security and transparency of investments.

Impact commitment:
Beyond financial performance, Amphibian Capital is committed to donating up to 50% of its GP profits to positive impact causes, aiming to become a regenerative player in digital finance.

Leadership and expertise:
The management team brings together profiles from major institutions (Blackrock, HSBC, PIMCO, Pantera, Founders Fund, etc.), providing multidisciplinary expertise in asset management, governance, technology, and impact.

Key milestones:

• Launch of the crypto fund of funds, with a rigorous selection of the best quantitative managers.
• Development of differentiated products (USD, BTC, ETH Alpha) and a proprietary risk management methodology.
• Formation of an international consortium and signing of structuring partnerships in the crypto ecosystem.
• Resilience in the face of sector crises (e.g., FTX) thanks to diversification and active risk management.
• Increasing commitment to social and environmental impact through profit redistribution.

Amphibian Capital has thus established itself as an innovative and resilient player in digital asset management, combining performance, security, and positive impact.

Founder and key members of Amphibian Capital’s management team:

James Hodges – Managing Partner & Co-founder
Serial entrepreneur and crypto influencer. Graduated in finance from UC Berkeley, active in crypto since 2013. Contributed to the growth of fintech MX.com from 2 to 28 million users.

Todd Bendell – General Partner & Co-founder
Certified Financial Planner (CFP®), over 6 years at Merrill Lynch, manages a wealth management practice with over $100M in assets. Crypto investor since 2014.

Alexandre Pereira – COO
Former Global Equities COO at HSBC, over 20 years of experience in global investment banking and crypto funds, specialized in execution, operations, risk, and compliance.

Ivailo Jordanov – General Partner & Fund Selection
Prolific investor in crypto quantitative funds with over 10 years of experience. Lead crypto partner in a $100M VC fund, invested in over 300 projects since 2016.

Paola Origel – General Partner
Over 14 years of experience in hedge funds, family offices, and private banking in New York.

Mark Wagner – Treasurer
Over 20 years in startup finance, auditing, and venture capital fund operations.

David Langer – Board/Chair
Founder of a $25M impact VC fund, crypto quantitative investor, and advisor to Heartrithm & DFI Labs.

Andrew Hoppin – Strategy & Governance
Blockchain investor and global impact entrepreneur, over 23 years of experience in civic tech, capital, and decentralized systems.

Amphibian Capital’s management team thus brings together experienced profiles from traditional finance, fund management, technology, and the crypto ecosystem.