In line with this vision, Abraxas launched its first regulated crypto fund — the Elysium Global Arbitrage Fund — in 2018, under the Maltese umbrella structure HEKA Funds SICAV plc.
The fund operates as a Collective Investment Scheme authorized by the Malta Financial Services Authority (MFSA).
HEKA Funds SICAV plc manages multiple sub-funds. Its Investment Committee supervises all strategies and delegates daily operations to Abraxas Capital Management, which acts as Sub-Investment Manager.
Abraxas Capital Management is authorized and regulated as a MiFID investment firm by the Financial Conduct Authority (FCA) in the United Kingdom and by the Commission de Contrôle des Activités Financières (CCAF) in Monaco.
Visit the Financial Conduct Authority for more details on the regulatory framework, or learn more in our Legal & Regulatory Disclosures.