“Cohen Private Ventures”, the company of a famous financier Stephen Cohen, has invested in the hedge fund Autonomous Partners, which focuses on cryptocurrency and lock-up companies. The amount of investment was not disclosed.
Stephen Cohen’s fortune is estimated at about $ 3 billion. In 1992 he founded SAC Capital Management LP hedge fund. Earlier Autonomous Partners Foundation, which was launched by the crypto-enthusiast Arianna Simpson last year, received funding from Coinbase CEO Brian Armstrong and co-founder Craft Ventures David Sachs.
Simpson said that she is interested in investing in companies that are focused on developing solutions to accelerate financial transactions and are in the infrastructure space of cryptocurrency. It is also attracted by companies that seek to solve the problem of blockchain scalability, and anonymous cryptocurrencies.
According to Arianna Simpson, Autonomous Ventures allocate a small percentage of funds to investments in cryptocurrencies, in particular, bitcoin and Ethereum.