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March 27, 2024

Nelson Mullins Represents Borderless Capital in the Acquisition of CTF Capital to add AI-infused Quant Expertise

Nelson Mullins attorneys facilitated the acquisition and integration of CTF Capital by and into Borderless Capital. This strategic move allows Borderless Capital to integrate AI-infused quant trading expertise into its operations, marking the firm's expansion into Latin America. Financial specifics of the transaction were not disclosed.

The Nelson Mullins attorneys who led the deal team were Corporate partner Jeff Perry and senior associate Alex Raytman.

Borderless Capital, an investment firm specializing in web3 and crypto market intelligence, will significantly enhance its assets under management (AUM) with the integration of CTF Capital. Post-acquisition, Borderless Capital's AUM is expected to surpass $500 million. Among its managed investment funds are a $50 million cross-chain fund and an Algorand fund.

The existing investment funds managed by CTF Capital will be consolidated into Borderless' Multi-Strategy Fund V LP, launched last year with $100 million under management. This multi-strategy fund is designed by Borderless to optimize risk-adjusted returns for investors across both liquid and soon-to-be liquid digital assets.

This transaction helps better position Borderless in Latin America and opens new opportunities to gain exposure both to a new client base and investment opportunities in the region.

Read full press release here

 

Established in 1897, Nelson Mullins is a full-service Am Law 100 firm of more than 1,000 attorneys, policy advisors, and professionals with offices across the United States. For more information, go to www.nelsonmullins.com.