Simmons & Simmons has advised Arrano Capital on the transaction.
Arrano Capital, the blockchain arm of Venture Smart Asia Limited (“VSAL”), launched Arrano Alpha International Master Fund (and its single-legged feeder fund, together the “Fund” or “Arrano Alpha Fund”).
VSAL, subsidiary of Venture Smart Financial Holdings Limited (“VSFG”), the first regulated entity in Hong Kong to receive a full Type 9 asset management licence to manage a portfolio of Virtual Assets in excess of 10% GAV under the Securities and Futures Ordinance (“Type 9 VA Licence”), acts as investment manager of the Fund, while Arrano Capital Management (HK) Limited acts as the technical adviser to the Fund.
The Fund is structured as a “single-legged” master-feeder structure domiciled in the Cayman Islands and primarily invests in digital assets employing an active event-driven and arbitrage strategy. It may also invest in derivatives and other securities linked to digital assets or cryptocurrencies.
The Simmons & Simmons legal team comprised of funds and regulatory specialists Gaven Cheong (Picture – Partner, Simmons & Simmons) and Louise Ma (Associate, Simmons & Simmons).
Law Firms: Simmons & Simmons;
Clients: Arrano Capital;