Hilbert Group is delighted to announce the acquisition of Liberty Road Capital Ltd in an equity-only asset-acquisition deal where all AUM, existing client relationships, key employees and all IP, is acquired by Hilbert Group.
Liberty Road brings world class Trading, Asset Management, AI and Operational Experience into the Hilbert Group and this is a significant step forward in our goal of becoming one of the largest digital asset managers in the world.
The acquisition also brings Russell Thompson, an industry-leading figure in hedge fund and digital asset management, to Hilbert Group. Thompson co-founded LRC and in 2003 co-founded The Cambridge Strategy a world class traditional hedge fund that peaked at $3.5 billion in AUM before it was sold in 2018. Russell is widely regarded for his expertise in emerging market currencies, derivatives, and asset management.
Hilbert Group CEO Niclas Sandström praised the deal, saying:
“This acquisition complements Hilbert on multiple fronts. Russell brings unparalleled experience as a CIO and derivatives trader, along with an extensive global network that will significantly accelerate our business development. Moreover, incorporating LRC’s expertise in derivatives and AI-trading expands our range of strategies. In addition, LRC’s co-founders, Anna Dinescu and Tom Bowles, bring exceptional operational, tech, and quantitative expertise to help Hilbert advance its mission of becoming a world-leading digital asset manager.”
Russell Thompson, CEO of LRC, also expressed his enthusiasm for the partnership, stating: “We are thrilled to join forces with Hilbert Asset Management, merging deep expertise in both fiat and crypto markets to deliver a best-in-class digital asset management experience for our investors. By 2025, I have no doubt that Hilbert will establish itself as a leading name in the digital asset space.”
LRC co-founder and CTO Tom Bowles highlighted the potential of the combined entity, adding that: “We are excited to fully scale our AI-trading capabilities in partnership with Hilbert. In addition, Liberty Road and Hilbert together share common values, culture and vision. We could not be more excited to continue our journey as part of Hilbert”
This acquisition positions Hilbert Group as a formidable player in the digital asset management space, significantly enhancing its expertise in AI-driven trading strategies, crypto derivatives, and operational excellence.
Contact person:
Niclas Sandström
CEO Hilbert Group AB
Phone: +46 8 502 353 00
Email: ir@hilbert.group
www.hilbert.group
https://twitter.com/HilbertCapital
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