By Sasha Fedorenko as published in With Intelligence on March 3rd, 2025
A Dutch East India Company co-founding family is preparing to launch a market-
neutral crypto fund.
Buyck Family Advisory Office is launching the Markets in Crypto-Assets (MiCA)
compliant vehicle as part of a move to diversify from its real estate book.
David Buyck, who took the helm of the Brussels-based family office’s strategic
asset allocation in 2023, told HFM he plans to deploy €20m ($20.8m) of the family’s
capital in the hedge fund.
So far, the Flemish investor has received unsolicited interest from other family offices
and institutional investors to invest in the strategy.
“What we are doing is applying the best practices we have seen from the biggest and
most sophistical hedge fund managers over the last decade. We want to apply them
in the [crypto] industry that is growing in maturity,” he explained his plan.
Buyck is currently incorporating the legal structure of the vehicle and is in the
process of building out the fund’s infrastructure and operational framework.
Buyck added that he wants to capitalize on arbitrage opportunities across crypto
exchanges and instruments, avoiding directional bets or relative value plays between
crypto pairs.
The Buyck family is readying a market-neutral crypto rollout
Luxembourg fund to diversify the assets of the seventeen’s generation fam
The strategy would employ both statistical and fundamental arbitrage to exploit price
inefficiencies in spot and derivatives crypto markets.
It would trade 40 high-liquidity cryptocurrencies, including established names such as
Bitcoin and Ethereum, as Buyck perceives this to deliver superior risk-adusted returns
compared to a broader universe of more than 400 coins.
The family decided to debut a hedge fund following the adoption of the new
Blockchain Law IV by the Luxembourg Parliament last December. The legal framework
removes the need for having a custodian and depository.
In 2022, the Buyck family started trimming its heavy real estate sleeve as it foresaw
the emerging rate environment to wrong-footing the market.
Its real estate exposure dates back to the mid-1900s when the family’s ancestors,
Marcel Buyck and Marie-Louise Buyck-Coopman, opened a supermarket in Flanders,
Belgium.
In 1998, the Buyck Family Advisory Office was set up in Warmoesstraat, the
eponymous street in Amsterdam where the co-founders of the East India Trading
Company met to establish the organisation.
Before taking leadership over the family’s wealth, Buyck gained experience at firms
including UBS, BNY, and Porsche’s investment arm.