BTC98,450.25 2.4%
ETH2,845.10 1.8%
SOL145.20 5.2%
BNB620.50 0.5%
DOGE0.12 8.1%
SPX5,240.50 0.4%
NDX18,450.20 0.8%
VIX12.45 2.1%
GLD2,350.10 0.2%
BTC98,450.25 2.4%
ETH2,845.10 1.8%
SOL145.20 5.2%
BNB620.50 0.5%
DOGE0.12 8.1%
SPX5,240.50 0.4%
NDX18,450.20 0.8%
VIX12.45 2.1%
GLD2,350.10 0.2%
BTC98,450.25 2.4%
ETH2,845.10 1.8%
SOL145.20 5.2%
BNB620.50 0.5%
DOGE0.12 8.1%
SPX5,240.50 0.4%
NDX18,450.20 0.8%
VIX12.45 2.1%
GLD2,350.10 0.2%
Private Capital • By Referral Only

VOLATILITY-AWARE
CAPITAL MANAGEMENT

Process-driven allocation across market regimes. Reporting-first.

Net Return (2025)
+23.87%
BTC Purchasing Power
+30.80%
Max Drawdown (2025)
-8.48%

NO INVESTMENT ADVICE. PRIVATE MANDATE. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

01 // PROCESS

How I Work

ANALYSIS01

REGIME DETECTION

Quantitative analysis of volatility and liquidity conditions to identify high-probability market environments.

RISK MGT02

EXPOSURE DISCIPLINE

Systematic risk reduction during periods of elevated stress to preserve capital structure.

EXECUTION03

ROTATION LOGIC

Dynamic capital redeployment when market structure improves to capture upside momentum.

OPS04

REPORTING CADENCE

Transparent monthly performance updates and comprehensive annual reviews focused on net purchasing power.

SECURITY05

CUSTODY & OPS

Institutional-grade security practices with segregated accounts and direct asset ownership.

02 // REPORTING

Transparent &
Unit-Based

I view Bitcoin not merely as a trade, but as the unit of account. Reports focus on purchasing power accumulation.

JARE_INVESTMENTS_ANNUAL_REPORT_2025.html
Strategy Performance
2025 Strategy Performance.

The objective was to outperform the underlying Bitcoin benchmark through volatility management and capital preservation.

STRATEGY
+29.8%
BENCHMARK
+15.2%
+23.87%
Net Return (USD)
+30.80%
BTC Purchasing Power
Monthly Attribution GridLive Data
JAN
+3.6%
FEB
-1.9%
MAR
+1.4%
APR
+4.5%
MAY
+1.5%
JUN
+0.8%
JUL
-2.1%
AUG
+5.6%
SEP
+1.3%
OCT
+19.5%
NOV
-6.0%
DEC
+0.2%
CONFIDENTIAL REPORT
PAGE 1 OF 12

03 // ALGORITHMIC STRATEGIES

Quantitative Systems

Proprietary algorithmic frameworks developed to navigate market volatility and optimize execution.

June 2025 - Present

ARAD System

Internal quantitative model for investment funds that analyzes asset behavior following distinct drawdown levels. ARAD segments declines into buckets and estimates expected returns after each tranche, aiding in asset prioritization, risk measurement, and informed investment decision-making.

Drawdown SegmentationExpected Return EstimationRisk Prioritization
May 2024 - June 2024

Orchid System

Algorithmic strategy serving as the foundation for investment products in participating funds. Designed to follow trends and avoid periods of low volatility, it has executed over $45M USD in cumulative volume and sustained historical portfolio performance for digital assets.

Trend FollowingVolatility Avoidance$45M+ Executed Volume

03 // TRACK RECORD

Historical Performance & Insights

Archive of investment reports and strategy papers from previous mandates and funds managed. Demonstrating a consistent approach to risk management across varying market conditions.

Quarterly Report

Alpha Fund Q3 2024

PDF • 2.4 MB
Strategy Paper

Global Macro Thesis '24

PDF • 1.8 MB
Quarterly Report

Alpha Fund Q2 2024

PDF • 2.1 MB
Risk Analysis

Volatility Review H1

PDF • 3.5 MB
Quarterly Report

Alpha Fund Q1 2024

PDF • 2.2 MB
Annual Report

Year End Review 2023

PDF • 5.1 MB
Research Note

Crypto Market Cycles

PDF • 1.2 MB
Historical Data

Genesis Fund Performance

PDF • 4.8 MB

03 // FEE STRUCTURE

Simple &
Aligned

My model is built on alignment. I primarily earn when you win, with a focus on high-water marks to ensure you never pay for the same performance twice.

* Fees apply only under agreed mandate terms.
SUCCESS FEE20%
CALCULATIONON REALIZED PROFITS
CONDITIONABOVE HIGH-WATER MARK
MANAGEMENT FEE2%
FREQUENCYANNUAL (CHARGED MONTHLY)
PURPOSEOPS & INFRASTRUCTURE

04 // ABOUT THE FOUNDER

José Andrés Ruiz Elizondo

José Andrés Ruiz Elizondo

FOUNDER & QUANTITATIVE STRATEGIST

Founder and strategist with a focus on quantitative systems design. My background combines rigorous execution mechanics with a deep understanding of volatility regimes, allowing me to construct portfolios that prioritize long-term capital preservation over short-term speculation.

  • Quantitative systems design
  • Execution and risk management
  • Reporting and investor operations
  • Long-term capital preservation focus

05 // FAQ

I manage liquid digital asset portfolios with a focus on Bitcoin and Ethereum. I do not manage venture equity, NFTs, or illiquid altcoins.

Capital is held in segregated accounts or self-custody solutions where applicable. Withdrawals are processed within agreed liquidity windows, typically monthly.

Investors receive a monthly performance snapshot and a comprehensive annual report detailing attribution, volatility metrics, and net purchasing power growth.

The strategy is volatility-aware, meaning exposure is reduced during high-risk regimes. While drawdowns are possible, the system aims to cap them significantly below the benchmark's max drawdown.

Yes. Minimums are discussed during the referral and onboarding process to ensure suitability.

No. All investment carries risk. Past performance is not indicative of future results.

Mandates begin strictly by referral. After an initial inquiry, we schedule a consultation to determine alignment before onboarding.

Leverage is used sparingly and only when the volatility regime permits. The primary goal is capital preservation, so leverage is never used aggressively to chase yield.

We operate on a performance-first model. Management fees are minimal to cover operational costs, with the majority of compensation tied to High Water Mark performance fees.

Rebalancing is dynamic and dictated by the ARAD System signals. It can happen weekly during high volatility or remain static for months during trend persistence.

We utilize a hybrid approach. Institutional-grade third-party qualified custodians are used for the majority of AUM, with a small portion in self-custody for active on-chain execution.

The primary benchmark is BTC. The goal is to accumulate more Bitcoin purchasing power, not just USD value. We also track against a 50/50 BTC/ETH index.

Yes. In-kind subscriptions and redemptions are supported and often encouraged to minimize tax events and transaction friction.

Exposure to DeFi is strictly limited to blue-chip protocols with established audits and significant TVL. We avoid experimental or unproven yield farms.

06 // INQUIRIES

Start the Conversation

Mandates are limited. Please provide details below.

Direct email: jose@jare.investments