Key Takeaways
- • Crypto hedge fund Tephra Digital returned 9% in July 2025, according to Financial News London.
- • Tephra manages $160m in assets.
- • The fund is backed by Jefferies' Leucadia Asset Management.
- • The report covers a single month; the available source does not provide year-to-date or longer-term performance figures.
Summary
Tephra Digital, a crypto hedge fund, returned 9% in July, according to a report published by Financial News London on 12 August 2025. The article, written by Bilal Jafar as part of the publication's Fintech Files coverage, reports the monthly result for a fund that focuses on digital assets.
According to the report, Tephra manages $160m. The fund is backed by Jefferies' Leucadia Asset Management, which gives it an institutional sponsor within the broader Jefferies group. The source does not disclose the fund's strategy details, fee structure, or year-to-date performance.
For allocators, the figures are a snapshot of one month's return for a fund of modest size. Investors evaluating digital-asset hedge funds would typically look for longer track records and risk metrics, which this report does not provide.
According to the report, Tephra manages $160m. The fund is backed by Jefferies' Leucadia Asset Management, which gives it an institutional sponsor within the broader Jefferies group. The source does not disclose the fund's strategy details, fee structure, or year-to-date performance.
For allocators, the figures are a snapshot of one month's return for a fund of modest size. Investors evaluating digital-asset hedge funds would typically look for longer track records and risk metrics, which this report does not provide.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.