Marc Syz welcomed Byworth to the firm saying “Richard is a driven, entrepreneurial and growth focused leader. His digital asset experience allows us to build on our strong history of hedge fund selection to offer viable investment alternatives that can benefit from the high volatility in the sector.”
Mr Byworth commented: “Syz Group has a strong history in alternatives, an area of focus for me both professionally and personally. The firm’s history of leading with innovative products for the last 25 years logically places it at the forefront of the industry’s expansion into Bitcoin and other cryptocurrencies. The team at Syz Capital is exceptional and the product suite of Hedge Funds, Private Equity and Litigation Finance strategies is market leading.
“We are at a critical moment in markets where 60/40 allocation strategies are challenged by market conditions. Alternatives are hence gaining importance in the construction of diversified and resilient portfolios. The moment for alternatives is now, and I look forward to helping Syz Capital continue their excellent growth trajectory.
Yvan Gaillard, Syz Bank CEO added, “Bitcoin and digital assets are here to stay, and we want to provide our clients with the opportunity to access them in a safe and secure way. Richard’s arrival in the Group is perfectly timed as the entire Group looks at building up its competencies in this space.”