Three Arrows Capital - aVenture Asset Manager Research
Three Arrows Capital
Operating Status: Operating
Singapore-based 3AC, a cryptocurrency hedge fund, faced one of the largest trading losses ever, leading to liquidation.
Location
Singapore, SG
Founded
2012
Three Arrows Capital (also known as 3AC or TAC) was a Singapore-based cryptocurrency hedge fund which was ordered to liquidate on 27 June 2022 by a court in the British Virgin Islands. It was founded in 2012 by Kyle Davies and Su Zhu.
The company borrowed billions of dollars to fund its trading, and according to July 2022 bankruptcy filings, faces $3.5 billion in creditors' claims. The fund appears to have lost in excess of $3 billion over 2021 and 2022, making its collapse one of the largest hedge-fund trading losses of all time.
Three Arrows Capital - Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages
