In Alternative Views, Private Equity Wire® goes behind closed doors with those in the know to get the latest on private markets. In this episode, we discuss blockchain investing with Ruud Smets, CIO of Theta Capital Management, an Amsterdam-based blockchain VC fund of funds. The firm was originally a hedge fund of funds, and began getting exposure to blockchain back in 2017.
Smets describes how the firm’s investment mandate pivoted towards blockchain (0:55) and the operational demands that this imposed (3:56); the applications which blockchain has in the economy (5:57); why a fund of funds approach is the best way to gain exposure to this technology (8:57); and the due diligence required to identify prudent blockchain VCs (15:15).
