Billionaire Hedge Fund Mogul Alan Howard Is a Shareholder in CoinShares

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19 March 2021

British hedge fund manager Alan Howard is the fourth-largest shareholder in digital asset manager CoinShares. 

  • According to the CoinShares investor relations site, a company owned by Howard, AH (St Helier) Ltd, owns 5,484,580 shares, 8.24% issued share capital.
  • On March. 11 CoinShares went public and listed on the Nasdaq First North Growth Market, an alternative stock exchange for small and medium-sized growth companies in Europe, and shares started trading.
  • Prior to the listing, Howard was a hidden investor but now that CoinShares has gone public its prospectus reveals more information about the shareholders.
  • CoinShares Executive Chairman Daniel Masters holds 15,035,459 shares, 22.59% of the company; Mognetti Partners Ltd holds 11,824,359, or 17.77%; and CoinShares co-founder Russell Newton holds 8,308,195, or 12.48%, followed by Howard.
  • Howard has been actively investing in the digital assets space. On March 9, the digital asset custodian Komainu closed a $25 million Series A fundraise led by the hedge fund manager.
  • CoinDesk has reached out to CoinShares seeking more information but did not receive a response by press time.

See also: CoinShares Releases DeFi Index Token for Institutional Investors

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