Crypto Lender Voyager Received Single-Page Value Statement From Hedge Fund Three Arrows Capital

The document dated May 13, 2022 gave Three Arrows Capital's NAV as just under $2.4 billion. The fund filed for Chapter 15 bankruptcy in New York on July 1. The call took place Feb. 28, 2022 and lasted either 30 minutes, according to Voyager Chief Commercial Officer Jon Brosnahan, or an hour, according to Treasury Director Ryan Whooley.

The filings reveal the level of due diligence carried out by Voyager Digital with regard to Three Arrows Capital, whose failure sparked a wave of collapses among other crypto firms. Genesis Global Holdco reported that its Asia-Pacific unit had lent 3AC

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