YMC Capital
Hope is not
a strategy.
A services firm for qualified investors, family offices, and fund sponsors with positions that have gone wrong — and for those building the vehicles that come next.
What we do
We take broken positions.
We make them work again.
Some of the assets we take on are worthless. Most are stuck for reasons that can be unstuck — a missing cap-table reset, a dormant legal claim, a co-investor who needs out, a fund that has gone past its term. The difference between a write-off and a workout is who is willing to do the work.
We take control. We do the work. We make no promises about what any given asset is worth, because some of them are worth nothing. But we are aggressive, we are honest, and we have been doing this long enough to know the difference between a path to resolution and hope.
Control first
We don't wait for a clean price. We take legal and operational control early, then build the resolution plan from a position of standing. Value doesn't come from sitting still.
Mechanism, not hope
Every engagement starts with the same four questions: where is the value trapped, who holds it, what blocks action, and what is the fastest defensible path to a resolution. No theory, no narrative.
Aligned, not generic
Each mandate is structured to fit the position. Custom engagements today; a dedicated SP platform in development. We eat our own cooking where it's ours to eat.
Strategies
One live. Four in the pocket.
Bitcoin Yield SP is our live Cayman-regulated strategy. Four further strategies are structured and ready to launch when the mandate or capital calls for them. Each is a segregated portfolio under Nodal SPC — ring-fenced, independently administered, audited by Baker Tilly.
Bitcoin Yield SP
Our one live strategy. Directional Bitcoin with institutional-level yield enhancement. Cayman-regulated, operational since 2025.
Live
Credit
High-quality credit in under-banked Asian markets. Fundamental underwriting, longstanding borrower relationships, security of principal. Structured; awaiting mandate.
In the pocket
Distressed & Special Situations
Non-performing assets, legacy positions, and workouts that require control before they require capital. Structured; mandate-led.
In the pocket
Opportunistic
Market dislocations and corporate events where downside is understandable, structure is sensible, and margin of safety is explicit.
In the pocket
Leadership
Decades of institutional experience
Our team brings decades of experience across investment banking, hedge fund management, credit markets and digital asset strategy.
Moe Ibrahim
Co-Founder & CIO
30 years in capital markets and fund management. Former Vice President at Lazard, where he founded their Singapore debt trading operation. Built hedge funds from US$22.5M to nearly US$500M in four years, raising over US$1 billion in client assets.
"The foremost emphasis must always be on the preservation of capital. Conservative and deliberate portfolio construction is always the best hedge."
Clement Wong
Co-Founder & COO
Co-Founder of ExPopulus (US$15M raise, US$87.5M valuation) and serial entrepreneur across gaming, technology and digital assets. Oversees fund operations, technology infrastructure and digital asset strategy at YMC Capital. Brings deep expertise in blockchain ecosystems, DeFi protocol analysis and institutional crypto custody.
Institutional Framework
Built for institutional confidence
Nodal SPC
Cayman Islands Segregated Portfolio Company. Full legal ring-fencing between portfolios — assets, liabilities and NAV are strictly separate by design.
Regulated Structure
Nodal SPC is a Cayman Islands Segregated Portfolio Company operating within an established regulatory framework.
Institutional Custody
Assets held with established institutional custodians. Independent safekeeping, daily transparency, segregated accounts.
Independent Admin
Third-party fund administrator for NAV calculation, investor services and independent annual audit.
If you are looking at a stuck position — tell us.
No pitch. No fund subscription. A short confidential form, a private reply from a named partner within 24 hours, and an honest view on whether we can help.