New Investment Vehicles from Cypher, Evelyn Partners and EMV Capital

Cypher Capital has debuted the Cypher Digital Fund, an open-ended vehicle registered in the Cayman Islands. Unlike traditional crypto funds, this strategy targets digital markets—including tokenized real-world assets, prediction markets, and on-chain credit—using a market-neutral approach. The firm has traded the strategy internally since March 2026, and it now serves as a third pillar alongside their existing private equity and AI infrastructure offerings.

In the UK wealth management space, Evelyn Partners is increasing the accessibility of its Model Portfolio Service. By offering its Core and Index ranges through onshore bond wrappers on platforms like Aviva, M&G, and Quilter, the firm aims to provide advisors with greater tax-planning flexibility. This structure allows for tax-deferred withdrawals and estate planning benefits, catering to clients who have exhausted their ISA and pension allowances.

Meanwhile, EMV Capital has launched its Evergreen EIS Fund, targeting growth through late-seed to Series A investments in deeptech and life sciences. The fund leverages co-investment deals from the Martlet Capital portfolio, which specializes in spinouts from the Cambridge University ecosystem. The fund covers high-growth fields including spacetech, robotics, and oncology.