Ezra New Economy Fund
Our mission is to support top blockchain founders, companies, and decentralized networks in distributing power to the new economy - built on sound store of value assets and distributed marketplaces.
The New Economy Fund is a long-only hybrid venture and hedge fund, making both seed investments and managing a portfolio primarily composed of liquid cryptoassets.
With the aim of making investments that positively impact the world, we believe that blockchain technology can lead to a redistribution of power and agency away from unwieldy centralized institutions and back to local communities and individuals.
Founded in 2018 by Managing Partner Zach Resnick and General Partner Dan Rosen, the Ezra New Economy Fund is uniquely poised to capitalize on the infrastructure-building phase of the digital asset market, where a high degree of adaptability is essential to navigate the speed and volatility of the rapidly evolving space. By investing in a well-diversified mix of sound store of value tokens and Web 3.0 native distributed marketplaces, Ezra’s portfolio aims to have a higher expected value with less volatility than most funds in the space and make a positive impact along the way.
*The investments featured are not a full representation of all investments*
Dan Rosen: General Partner
Dan Rosen is the founder and former CEO/President of Mosaic, the largest financier of residential solar in the United States, deploying over $3B in capital into solar projects. Dan is a lifelong climate and clean energy entrepreneur, and before Mosaic, he worked on leading clean energy companies and projects in Israel and the Southwestern United States. Dan began investing in blockchain technology in early 2017, around which time he began managing a cryptoasset portfolio with his partner, Zach Resnick.
Zach Resnick: Managing Partner
Zach Resnick is the founder of poker education company Just Hands Poker, and of miles and points consulting service EasyPoint. During his early 20s, Zach lived off his earnings from playing high-stakes cash games and investing in other cash game players, providing a unique understanding of risk management that is largely shaped through leveraging volatility to outperform others in the high-risk high-reward situations of poker. In mid-2016, Zach made his first personal investment in Bitcoin, and in late 2016 began a disciplined due diligence process for investing in cryptoassets.
Partners & Advisors
Garrett, a radical distributor of power, founded the first tokenized-equity company when he was 16 years old. With a small investment of bitcoins from the initial token holders, he grew it to become a $1M company in two years. Garrett has built blockchain infrastructure architecture and token models for leading financial institutions and startups in Europe, Asia, North America, and New Zealand. Now he focuses on creating systemic change at the intersection of blockchain and energy.
Mr. Rutkevitz’s finance career started in 2001 as a consultant for Citi Bank, Bear Stearns, and Morgan Stanley. In 2006 he started working for Satori Capital Management, an asset-based lending hedge fund specializing in senior secured commercial mortgages. There he managed a team of loan originators and underwriters. In 2009, Mr. Rutkevitz left Satori and moved to help grow Alleon Healthcare Capital, where his chief responsibility is to establish relationships with healthcare providers and intermediaries and assist in the underwriting process. In 2017 Mr. Rutkevitz began investing in early stage cryptoassets and ICOs.
Jane is an active Asia-based entrepreneur, investor, and advisor in the blockchain space. She is currently Head of Business Development at CoinFi, a platform offering real-time intelligence and customizable financial products to cryptocurrency traders. She also works on business development for Origin X Capital, heading up their liquidity management team, and is an advisor to Lumen Capital Partners. She first started working in blockchain in 2016 as a founding team member of ZenCash (now Horizen), an encrypted ecosystem building an on-chain governance module and a DAG protocol.