Absolute Return Fund
Thematic exposure to digital assets with equity-like volatility.
About
The Galaxy Absolute Return Fund (the “Fund”) is a fundamentally driven, multi-asset strategy with equity-like volatility. The Fund invests across the digital asset ecosystem and adjacent disruptive technologies, aiming to capitalize on inefficiencies to generate alpha while prioritizing risk management and portfolio diversification.
The Fund incorporates directional and non-directional views and employs long and short positions seeking to sufficiently hedge and maximize returns based on changing market outlooks, volatility, and price levels.
Why Invest?
001
Multi-Asset Approach
Diversified exposure to publicly traded equities, ETFs/ETPs, derivatives, and fixed income with equity-like volatility (targeting ~15%) and low correlations to BTC and the S&P 500 (-0.2 to +0.2).
002
Alpha from Inefficiencies
Capitalizes on volatility driven mispricings in the digital assets and adjacent tech markets to deliver risk-adjusted returns uncorrelated to traditional and crypto markets.
003
No Direct Crypto Token Exposure
Similar to most liquid multi-asset hedge funds, all assets held in the Fund are traded on regulated exchanges and custodied with traditional custodian banks.
004
Full Galaxy Connectivity
Collaboration with Galaxy’s extensive platform of researchers, risk management experts, and vast array of digital infrastructure talent provides a competitive edge.
RISK MANAGEMENT & MITIGATION
Managing investor capital with rigorous investment and operational risk controls.
We take a proactive approach to risk management by identifying, monitoring, and mitigating risks to instill confidence in our investors.
Identify and document risk exposures
Measure and monitor exposures and assess the likelihood of impact
Manage and review the risk factors and stress tests
Prepare robust responses to mitigate risks
Communicate via regular reporting to Portfolio Managers and Risk Working Group
Meet the Portfolio Manager
![](http://images.ctfassets.net/enyh2ifk7on8/15X80aAG7OyGhd87bfitbz/ebc1cfc6cbd0465a55a0e362b027114c/AK-220622-GALAXY-CHRIS-R-007-V2.JPG?w=750&q=60&fm=jpg")
Christopher Rhine
Head of Liquid Active Strategies
Christopher Rhine, CFA oversees Asset Management’s liquid active crypto and emerging technology strategies. Chris is also responsible for the FTX liquidation mandate and the State Street sub-advised active ETFs including HECO, DECO and TEKX. Chris brings over 20 years of investment experience to Galaxy, most recently at Cohen & Steers where he served as Head of Thematic Strategies, including Digital Infrastructure, Global Logistics, and Sustainable Resources strategies. He was also Head of Natural Resource Equities and a Portfolio Manager on the Global Listed Infrastructure team. Prior to Cohen & Steers, Chris worked at BlackRock as an analyst and Portfolio Manager on the firm’s Global Opportunities team. He has an MBA from New York University and a B.S. in Computer Information Systems from Drexel University.
Absolute Return
Fund Information
Learn more about our funds or schedule a meeting with a Galaxy representative.