Alpha Sigma Capital has announced that it has partnered with Transform Ventures and its founder, Michael Terpin, to launch a new holding company called Alpha Transform Holdings.
The holding company has been formed by merging select assets from Transform Ventures and Alpha Sigma Capital's parent company, according to a press release issued on Wednesday.
The partnership aims to create a "one-stop shop" for digital asset companies, foundations, and projects of all sizes and orientations.
The investment from Transform Ventures and Terpin also includes funding for the Alpha Transform Holdings parent company, the new Alpha Liquid digital asset fund, and a closed-end venture capital firm called the Aegean Fund.
The new company will create two new funds with a total of $100 million in assets under management (AUM).
Transform Ventures' assets include majority ownership in Content Syndicate, the company behind the news service BlockchainWire.
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Transform Strategies will also integrate its market-leading strategy and advisory services with Alpha Sigma's existing research, strategy, and token financing facility offerings.
Alpha Sigma Capital launched in 2020 with a blockchain/Web3 founding fund that has delivered alpha for the past three years, with a total fund performance of 1400%, the company said.
Enzo Villani, Alpha Transform Holdings CEO, and Chief Investment Officer said, "The ATH vision is to shepherd in a new era of financial and technological innovation leveraging decentralization, blockchain technology, and Web3 infrastructure. The Alpha Transform model is to continue to support our portfolio companies with strategic advisory, acceleration, and capital to drive innovation and success."
Terpin said, "Enzo and I have worked together in different capacities going back to NASDAQ's strategic partnership with MarketWire, and then at Transform Group, where he expanded our Transform Strategies group. Officially combining these assets and advisory networks under one umbrella accelerates both businesses and our portfolio companies."
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