Joe McCann transitions from liquid trading strategies to long-term blockchain investments, allowing investors to exit without lock-in periods.
Joe McCann is closing Asymmetric's Liquid Alpha Fund following a reported 78% decline in value this year. He noted that the fund's strategy no longer serves LP interests and will now focus on long-term investments in blockchain infrastructure. Investors can exit without standard lock-up periods or transfer their funds to a new illiquid structure. Despite the Liquid Alpha Fund's challenges, Asymmetric's venture capital strategy remains intact, continuing to support early blockchain projects.