VanEck Digital Assets Alpha Fund: Discover Your Edge in the Web3 Evolution
The VanEck Digital Assets Alpha Fund is an actively managed token strategy that utilizes a cash-flow based valuation approach to digital assets with the flexibility to adjust for adverse market conditions. The strategy is normally 50-100% net long and invests across 5 key themes: Core Infrastructure, Defi Building Blocks, Upgrading Tradfi Rails, Web3 and the Creator Economy, and Decentralized Infrastructure (DePIN). The strategy employs a multi-factor selection process which prioritizes the project’s moat, user growth, and value accrual mechanics. While every position is high-conviction in terms of fundamentals, probability of outcomes may vary – and that is the lens through which we size our exposures across “core”, “fringe” and “moonshot” positions. DAA charges a management fee of 2.00% with a 20% performance fee. Monthly subscriptions, quarterly redemptions.
Pranav Kanade
Portfolio Manager, Digital Assets Alpha Fund
Mr. Kanade joined VanEck in 2022 and serves as Portfolio Manager of the Digital Assets Alpha Fund. Prior to joining VanEck, Mr. Kanade worked at Millennium Management as a Credit Portfolio Manager working closely with a team of 6 investment professionals. Prior to Millennium, he was the founding member of the Head of Research for the Liquid Credit investing business at Angelo, Gordon & Co. Prior experience of Mr. Kanade includes his role as Managing Director / Research Analyst with a focus on Technology and Energy at Hutchin Hill Capital. Pranav started his career at UBS in credit research during the European credit crisis. He has a B.S. in Finance and Accounting with a specialization in Entertainment, Media and Technology from the New York University Stern School of Business.
He is supported by the Digital Assets Investment Team, composed of Matthew Sigel, Head of Digital Assets Research; Patrick Bush, Senior Investment Analyst; Gabriel Rabello, Investment Analyst.
For the latest deep dives on killer web3 apps, follow Pranav on Substack.
Investment Research
Related Funds
About VanEck
Providing investors access to opportunities that will strengthen their portfolios is VanEck’s guiding principle. Through forward-looking, intelligently designed active and ETF solutions, we offer value-added exposures to emerging industries, asset classes and markets as well as differentiated approaches to traditional strategies.
We think beyond the financial markets to identify the trends—including economic, technological, political and social—that we believe will fuel investable opportunities. VanEck was one of the first U.S. asset managers to offer investors access to international markets and recognized early the transformative potential of gold investing, emerging markets and ETFs. Today, our firm’s capabilities range from core investment opportunities to more specialized exposures to enhance portfolio diversification.
An investment in the Fund involves a significant degree of risk, and, therefore, should be undertaken only by investors capable of evaluating the risks of the Fund and bearing such risks. In addition, there are significant actual and potential conflicts of interests that may arise in connection with the Fund that investors should be aware of. The existence of any risk or an actual conflict may have an adverse impact on the performance of the Fund and, thus, the return to Limited Partners. Prospective investors in the Fund should carefully consider the risk factors in connection with an investment in the Fund and should consult their own legal, tax and financial advisors as to all of these risks and an investment in the Fund generally. The Interests are suitable investments only for sophisticated investors for whom an investment in the Fund does not constitute a complete investment program and who fully understand, and are willing to assume, and have the financial resources to withstand, the risks involved in the Fund's specialized investment program and to bear the potential loss of their entire investment in the Interests. Please see important definitions and disclosures below.
The General Partner may suspend or limit the right of all Limited Partners to make withdrawals under certain circumstances as laid out in the Private Placement Memorandum.
Links to third party websites are provided as a convenience and the inclusion of such links does not imply any endorsement, approval, investigation, verification or monitoring by us of any content or information contained within or accessible from the linked sites. By clicking on the link to a non-VanEck webpage, you acknowledge that you are entering a third-party website subject to its own terms and conditions. VanEck disclaims responsibility for content, legality of access or suitability of the third-party websites.