GoldenTree launches digital asset subsidiary

GoldenTree Asset Management has named Avi Felman as a general partner of GoldenChain, a wholly owned subsidiary that will manage the funds launched by GoldenTree to focus on digital assets.

Felman as head of digital asset trading will also be a principal at the $47 billion firm. He reports to Joe Naggar, a partner and member of the executive committee, who oversees the firm’s investments in digital assets. Officials declined to comment specifically on what types of digital assets in which the new unit would invest or the amount of capital set to be put to . . .

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