Rowe Capital Group, a new digital investment platform, has launched its first fund, CryptoWell Investments.
According to the company, its debut fund will invest in “eco-friendly technological infrastructure that generates power for cryptocurrency mining” with the goal of powering containerized data miners to generate the lowest cost energy for cryptocurrency mining.
The company also noted that CryptoWell “provides a scalable model that can be used to monetize stranded natural gas assets.”
“Rowe was founded and is led predominantly by results-oriented women entrepreneurs (ROWE) who realized the need to support younger, traditionally underserved investors,” said Candace Powell, Rowe’s managing partner and executive vice president. “At Rowe, we are committed to empowering the next generation with the skills and resources necessary for financial independence, and with the launch of CryptoWell, we intend to provide these investors with access to opportunities usually reserved for ultra-high-net-worth individuals and institutions.”
Rowe Capital Group seeks to provide its investors with access to early-stage, low-market-correlated investment opportunities. With its targeted Millennial investor base, the company will focus on investment opportunities in technology, real estate, and non-traditional assets, including cryptocurrency and cannabis.
Rowe is led by a team with an average of 20 years of individual experience and works with a network of partners, advisors, and business professionals throughout the U.S. The firm said that it plans to leverage its network to identify and vet new investment opportunities that fit into its multi-sector strategy.