Hilbert Group, a Stockholm-based investment manager specializing in digital asset markets, will appoint Tim Grant to its board in accordance with a proposal by the founders who control roughly 62% of the votes in the firm.
Grant is the co-founder and CEO of Deus X Capital, a $1 billion investment and operating company launched earlier this month with a focus on segments including digital assets, fintech and institutional capital markets. Deus X is a Hilbert Group shareholder, and Deus X CIO Stuart Connolly is already a member of the Hilbert Group board.
Prior to co-founding Deus X, Grant was head of EMEA at Galaxy Digital — and before that, he held roles including CEO of SIX Digital Exchange and managing director at both UBS Investment Bank and multi-strategy hedge fund UBS O’Connor.
“[Grant] has significant experience at a senior level on both the sell-side and buy-side, a track record of building and leading successful blockchain businesses, and is an industry thought-leader,” said Dr. Niclas Sandström, Hilbert Group’s CEO. “We look forward to working with [Grant] as we continue to capitalize on our sustained growth and further position Hilbert as a leading digital assets investment solutions provider for institutional investors.”
Hilbert Capital, the Hilbert Group’s quantitative asset management arm, opened its third quantitative algorithmic trading crypto fund to outside investors on May 1 after establishing a one-year track record.
“Institutionalization of the digital asset space is gaining momentum and I strongly believe that Hilbert Group is on its way to becoming a leading international investment and trading firm servicing institutional investors,” Grant said. He will be officially elected to the firm’s board of directors at the EGM in November, officials said.
