Perspectives
Bitcoin-Focused Direct Lending Fund Posts One-Year Anniversary
One year ago, the Build Secured Income Fund I (the "Fund") opened to fee-paying clients. Over this time the Fund delivered an 11.27% net return on invested capital, paid distributions monthly, used zero leverage, and experienced no loan losses.
Build Asset Management to Donate 10% of Management Fees to Support Human Rights and Financial Freedom
Proceeds from Build Secured Income Fund I, a bitcoin-backed private credit fund, will support the Human Rights Foundation and OpenSats charities.
Powell Puts the Landing Gear Down
Listen to the live discussion with Build CIO, Matt Dines, on the Fed, gold, and currencies with Michael Gayed.
U.S. Treasury Wraps Up Buyback Trials: What’s Next?
With buyback trials completed, the U.S. Treasury is ready to unclog the “off the runs” from its debt distribution pipes. Dissecting the plan.
A Global Banking Crisis is the Endgame
Matt Dines, CIO, walks through the latest in the troubled banking sector, including how commercial real estate losses will trickle down throughout the world. We also take a look at some long term charts of the dollar and US Treasury yields to understand the United States position under perpetual deficits and sky-high debt levels. We conclude with Matt's opinion that the last excuse to buy bitcoin at asset managers is now gone.
2023 Year-End Limited Partner Letter
Interest rates and Bitcoin appear ready to enter new phases in 2024. We believe this presents an environment in which the Build Secured Income Fund I (the "Fund") is distinctly positioned to thrive among its peers.