Seven mandates, built on the same premise.

Market-neutral strategies hold offsetting positions designed to cancel directional price exposure. What remains is the spread (funding, basis, or relative value), which can be harvested regardless of whether the market rises or falls.

A subset of the neutral book is constructed to benefit from the magnitude of price movement rather than its direction, providing a return stream that is complementary to the carry book.

Wesvel uses perpetual and dated futures for three purposes: to hedge directional exposure in spot holdings, to harvest funding and basis, and to express relative-value views across venues, terms, and assets.

Positions held for yield-generating purposes carry price exposure that may be unwanted. Short futures can neutralize that exposure while the underlying position continues to generate yield.

Spot markets for digital assets are split across dozens of centralized exchanges, decentralized venues, and OTC desks that do not share an order book. The same asset trades at different prices, in different depth, at the same moment.

Wesvel treats that fragmentation as the opportunity: cross-venue arbitrage from pre-positioned inventory, smart order routing measured against arrival price, and bilateral block execution with diligenced liquidity providers, with everything above the working float swept to segregated custody.

An event contract pays a fixed amount if a defined outcome occurs and nothing if it does not. Its price is the market's probability estimate. Wesvel trades those probabilities where they are mispriced across venues, and uses them to hedge discrete event risk elsewhere in the book.

Activity is restricted to outcomes with an objective, publicly verifiable resolution source, and to venues, regulated designated contract markets or on-chain prediction markets, that counsel has cleared for the fund. Exposure per event, venue, and resolution source is capped.