Director of Strategic Investment, Hedge Fund | London, UK | Remote

Director of Strategic Investment, Hedge Fund

Hermeneutic Investments London, United Kingdom

About Us / Why Join?

We are a rapidly growing crypto hedge fund, 2 years old, managing a 9-figure AUM, generating 200%+ annualized returns with a 4 Sharpe.

Part of our out-performance comes from our Head of Strategic Investments. They run a strategic research and investment department that:

• Makes venture investments in (illiquid) tokens; these have performed very well for us.
• Provides strategic advisory services; this has also generated significant PnL.
• Builds relationships across the ecosystem; this has greatly facilitated our discretionary trading.

We are seeking a Director of Strategic Investment to:

• On a strategic level, complement their strengths and weaknesses by being an extremely organized operator who drives prioritization, organization, and writing on the Strategic team.
• On a daily tactical level, provide bread-and-butter research, brainstorming, and advisory to cryptocurrency projects.

This is an opportunity to:

• Learn from one of the best-connected operators in the cryptocurrency venture and advisory space.
• Be compensated very well, as our profitability per researcher is very high. Think: retirement money after 5 years.
• Get in on the ground floor of one of the strongest hedge funds in a nascent asset class that will balloon in the future.

Our Requirements

We've divided up our requirements into a strategic level where you will be driving change and a tactical level which is already on-going tasks that simply need more manpower.

Strategic Level

Our Director of Strategic Investment is extremely strong at brainstorming and idea generation, deal structuring, and networking / dealflow.

They would like you to take the lead in the following areas to bring the team to the next level:

• Creating a framework to prioritize and rank the many projects that ask us to invest in them.
• Help the team go from being reactive to proactive so we don't suffer from adverse selection.
• Be in charge of writing and communicating our plans to the rest of the team.

In summary, most of the requirements on the strategic level have to do with soft-skills (organization, detail-orientation, writing/communication), and your ability to complement our Head.

Tactical Level

Our Head of Strategic Investments is extremely strong in the perp DEX and stablecoin space. We envisage eventually expanding beyond these areas, but in the initial stage of this team, we want to first focus on dominating the perp DEX and stablecoin space.

• Somebody who knows (or can quickly learn) all the perp DEX and stablecoin projects out there and what they're doing.
• You need to be very senior on crypto fundamental (valuation) research techniques, we expect to not need to train you.
• A technical background will also help complement our existing skillset.

Summary of Tactical Level Hard Requirements

• Crypto native with at least 2+ years of full-time experience doing research in the field.
• Performed crypto research before.

Interview Process

After you apply, you can expect the following interview process:

• CV Screening - Against the criteria above.
• First Interview - To explain more about the role with case study.
• Head of Research Interview - Your direct manager, to assess complementary fit.
• CIO Interview - Final interview with the CIO for cultural fit.

To increase your chance of entering our interview process, please write to recruiting+Strat@hermeneutic.investments with your CV and cover letter that includes the answers to the following questions:

• Why do you meet the requirement outlined in this JD?
• Can you describe (and ideally link to) a single piece of research you did in the past that is most similar to the work we do?