Bracebridge Capital is a leading Boston-based hedge fund manager that pursues an absolute return strategy. Bracebridge manages funds from the endowments of Yale University and Princeton University. The firm pursues investment strategies primarily within the global fixed income markets with the objectives of capital preservation and absolute return without significant correlation to equity, interest rate and foreign exchange markets. More recently, Bracebridge has emerged as the largest holder of various spot Bitcoin ETFs.
ABOUT BRACEBRIDGE CAPITAL
Bracebridge Capital manages private investment funds that serve endowments, foundations, pension funds and other institutional and high-net-worth investors.
The firm trades a wide range of securities and derivatives with the goal of generating positive returns from pricing inefficiencies.
Bracebridge Capital has emerged as the top holder of Ark Invest and BlackRock spot bitcoin ETFs.
The firm reported owning $262 million worth of Ark Invest’s ARKB ETF. Additionally, they emerged as the largest owner of Blackrock’s IBIT with an investment of $81 million.