Wed, 10 April 2018
Strategic Growth Capital Holding Announces its first Cryptocurrency Private Equity Fund SGC CRYPTO FUND I
Los Angeles, CA – Private equity firm and global alternative asset manager Strategic Growth Capital Holding LLC (SGC) announced today its first Cryptocurrency Private Equity Fund SGC CRYPTO FUND I. The $100 million fund will be if not the first, one the first private equity funds accepting a combination of select cryptocurrencies and fiat currencies. SGC Holding’s team is working to ensure that the fund structure is compliant with all US regulation and AML/KYC policies. SGC has recently announced its stake in Crypto Diamond and Metals Exchange LLC which is the first company in the United States to enable direct delivery of Cryptocurrency to investors hands.
Hussein Sidky, a Managing Partner at SGC said in a statement: “Cryptocurrency is not a fad and is here to stay. It has proven to be an asset class in of itself. It is crucial that we, here at SGC Holding, not only adapt but continue to be innovative. While Cryptocurrency is still volatile and is perhaps in its infancy stages, our team is working tirelessly to ensure that SGC CRYPTO FUND I is in front of regulation and compliance. This protects both our investors and our company from any potential misuse of Cryptocurrency.”
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About SGC Holding
Strategic Growth Capital Holding (SGC Holding) is a private equity firm and a global alternative asset manager headquartered in Los Angeles, CA with offices in Tunisia, Egypt and a growing presence in many EMEA countries. SGC’s dual purpose is to invest wisely to preserve wealth and to grow companies, grow people and grow capital creating value on behalf of its investors, many of whom are family offices from the US and abroad. SGC invests across four segments – Corporate Private Equity, Real Assets, Media and Global Market Strategies – in North Africa, Europe, the Middle East, US and growing. SGC has expertise in various industries, including: Consumer & retail, energy, healthcare, industrial, real estate, technology & business services, telecommunications & media and transportation. Strategic Growth Capital Holding team has over 60 years of combined experience.
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