CMCC Global, a $500 million Hong Kong-based crypto investment business, is diversifying its funds portfolio to reach all corners of blockchain-based finance. The team began fundraising for the fourth iteration of its Alpha series of pure token-based investment vehicles in April this year. It’s now preparing its first equity VC fund, with a market-neutral crypto…
CMCC Global’s Latest Fund Attracts Li’s Investment Group
Martin Baumann and Charlie Morris, managing partners and co-founders at CMCC Global, one of the biggest VC Firms that target the crypto space, discuss the target of $300 million for their fourth fund, the types of investors they are talking to and why investors would benefit from their fund. They speak on “Bloomberg Markets: China…
Richard Li, Winklevoss-Backed Crypto Fund Seeks $300 Million
CMCC Global, a Hong Kong-based venture capital firm, is targeting $300 million of assets in its latest crypto fund — and attracting traditional investors like billionaire Richard Li to bet on blockchain technology and its applications. Launched in April, its fourth crypto token fund now has assets under management of close to $90 million, with…
Telum Talks to… John Dawson, Acara Strategy
“The journalist wants a headline and you want to get a message across” – former Bloomberg journalist and TV Anchor, and founder of Acara Strategy, John Dawson talks to us this week about interviewing both from the interviewers and interviewees perspective and on the founding of an agency during a pandemic. Bringing with him experience…
Surviving under the microscope
As businesses come under intense stakeholder scrutiny, communication with stakeholders has become a top priority. Pressure on business performance as a result of the COVID-19 pandemic and Sino-US trade tensions has, along with intense interest in environmental, social, and governance (ESG) concerns among regulators and stakeholders, have placed companies, both public and private, under the…
Hong Kong Inc. in Crisis – What’s Your Strategy?
“It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently”– Warren BuffettThe old adage of “fail to prepare, prepare to fail” could not be more salient when it comes to a crisis coming at you full speed and, as is often the…
Inside H.K.’s first regulated crypto fund
This week has started with a groundbreaking fund launch, the first SFC-regulated crypto fund in Hong Kong for professional investors. This now gives financial institutions a clear vehicle to get simple exposure to Bitcoin. But the achievement took two years of volatile fortunes – in the markets, in negotiations, and in the management team. On…
Oscar Nerves? How to Conquer Your Fear of Public Speaking
And the Oscar goes to… Your name is read out… AMAZING!!! YOU’VE WON! CAMERAS, ACTION, YOU’RE LIVE! This will be the scene today (Sunday, February 9th) at the 92nd Academy Awards in Los Angeles as winners in 24 different categories step up to accept their awards. For the non-actors though, the feeling of walking on to…
Journalist Jungle: Knowing the Rules
The scoop of the century, heralded in media folklore as investigative journalism at its greatest, was landed by Washington Post reporters Bob Woodward and Carl Bernstein in the early 1970s. They were only in their 20s. Their story, built around the political intrigue, burglaries and bugging of ‘The Watergate Scandal’, led to 40 convictions and…
Davos Guide: Panel Power
A rabbit in the headlights (read, ‘consumed by a fear of the stage’); a peacock on show (‘all bluster and BS’); or the lion in the jungle (‘confident, with a strong grasp of the facts and at ease with the setting’)? Which one are you? Which one you would rather be is a given. Attaining…