Alpha EV
Overview
Alpha EV is a hedge fund business active in crypto-asset trading. Stanford’s speaker biography describes statistical arbitrage and exposure strategies and identifies Eric Chang as a co-founding partner. Its investment adviser, Alpha EV, LLC, lists Towson, Maryland, as its principal place of business in its public filing.[1][2]
Contents12 sections
Key facts
December 2021Management Appointments Recorded
Alpha EV, LLC’s 2026 Form ADV dates Taylor Godwin’s role as managing member, Eric Chang’s role as principal, and Darren Ross’s roles as principal and chief operating officer to December 2021. These are appointment dates reported in the filing; the fund’s launch is separately reported as occurring in 2022.[2][3]
2022Fund Launch
Bloomberg reported in 2026 that Taylor Godwin launched the Alpha EV fund in 2022. The account described an initial environment with numerous crypto arbitrage opportunities, followed by institutional competition that compressed some basis-trading and stablecoin-lending returns.[3]
May 31, 2022SEC Exempt-Reporting Status Takes Effect
The SEC’s IAPD page lists Alpha EV, LLC’s federal exempt-reporting status as effective May 31, 2022, and its Maryland status as effective June 22. Its CRD number is 321970 and SEC file number is 802-125997. An exempt reporting adviser files reports but is not an SEC-registered investment adviser; the filing does not constitute regulatory endorsement.[4]
October 27, 2025Stanford Digital-Asset Trading Lecture Listing
Stanford’s Advanced Financial Technologies Laboratory listed Eric Chang as a speaker for a digital-asset trading session on this date. His assigned topics covered the differences and risks in adapting statistical arbitrage from equities to digital assets and lessons in scaling a fund. Fellow speaker Danning Sui of Pantera Capital was listed to discuss block building and MEV markets.[1]
March 24, 2026Files Annual Form ADV Amendment
The annual amendment reported $36,817,037 in private fund assets. It identified Alpha EV Fund LP as a Delaware-organized hedge fund and a feeder investing in Alpha EV Master Fund, LP. The reported amount is not the firm’s valuation, cumulative fundraising or a live October 2026 asset figure.[2]
April 15, 2026Commodity Relative-Value Trades Reported
Bloomberg reported that Alpha EV had extended relative-value trading to commodity contracts on blockchain platforms, citing a Hyperliquid position short silver and long copper. Godwin said such trades had used less than 5% of capital over the preceding two months, with any expansion dependent on opportunities. The reported 20–30% return was annualized for the cited trade, not an actual one-week return or the fund’s overall performance.[3]
October 5, 2026Named Among Umia Auction Funds
UmiaUmiaUmia is an onchain launch and governance platform incubated by Chainbound, combining token auctions, legal structures, treasuries and decision markets.Open the full entry named Alpha EV among funds participating in its UMIA token auction and said institutions bid on the same terms as other participants, without discounts. The sale took place from August 26 to September 2. Umia summarized proceeds as $6 million, while The Block reported $6.11 million; these were aggregate totals, with no individual Alpha EV contribution disclosed.[5][6]
Adviser and Fund Structure
The public filing identifies Alpha EV, LLC as a Delaware limited liability company and Alpha EV GP, LLC as general partner of Alpha EV Fund LP. The adviser, general partner, feeder fund and master fund serve different functions and are not interchangeable names for a single legal entity.[2]
Team and Strategy
The 2026 filing names Taylor Godwin, Eric Chang and Darren Ross as management personnel. Stanford’s biography of Chang records prior work in sports betting, an internship at the Ethereum Foundation and a YaleYale UniversityYale University is a research university in New Haven, Connecticut. Its predecessor, the Collegiate School, received a charter in 1701. Trustees chose New Haven in 1716; the institution became Yale College in 1718 and Yale University in 1887. Yale provides undergraduate, graduate and professional education and has 14 undergraduate residential colleges. As of October 2026, its president was Maurie McInnis, who took office in July 2024. In 2026, Yale expanded aid for incoming undergraduates and celebrated its 325th anniversary.Open the full entry bachelor’s degree in Chemistry and Computer Science. These are personal background details and do not establish institutional affiliations or partnerships for Alpha EV.[2][1]
Public Filing and Related Project
Alpha EV: Official link: https://adviserinfo.sec.gov/firm/summary/321970 (opens in a new window).[4]
Umia: Official website: https://umia.finance/ (opens in a new window).[5]
Sources
- DeFi Trading Landscape: Statistical Arbitrage, MEV, and Block Building (opens in a new window)
- Alpha EV, LLC — Form ADV annual amendment (opens in a new window)
- Hedge funds de cripto migram para petróleo e ouro em plataformas 24/7 (opens in a new window)
- Alpha EV, LLC — Investment Adviser Firm Summary (opens in a new window)
- Umia Raises $6 Million to Build the Onchain Formation Platform for Token-Native Projects (opens in a new window)
- Umia raises $6.1 million at $18 million FDV to help crypto projects launch tokens (opens in a new window)