
What Exactly is a Hedge Fund? Dispelling the Myths
Learn the truth about hedge funds, their strategies, and how they differ from mutual funds, focusing on risk management and a systematic approach to risk across market conditions.
Florence, Italy
Where systematic discipline meets founder conviction — built to protect, and backed by capital we invest alongside yours.
Founder Alignment
Blackworks Capital’s fund, the BWC Founders Fund, was named for a reason. Rogan McGillis, the Founder and Fund Manager, invests meaningful personal capital alongside every investor — ensuring that every risk decision is made with the stewardship of a partner, not just a manager.
While our strategies are driven by code, our relationship with investors is driven by a commitment to personal partnership.
Rogan McGillis — Founder & Fund Manager
Fund Performance
Systematic discipline translated into measurable results. Net returns since inception (March 2025 - August 2026).

Learn the truth about hedge funds, their strategies, and how they differ from mutual funds, focusing on risk management and a systematic approach to risk across market conditions.
Florence, Italy

This blog post discusses why smaller systematic fund can often be more nimble and effective than a multi-billion-dollar giant.
Brooks Falls, Alaska

Decoding Investment Performance Sharpe, Sortino, Calmar, alpha, capture ratios—what each metric reveals and how to read them together when evaluating hedge funds.
Glacier National Park, Montana
Next step
Download our latest investor letter to learn more about our systematic approach to wealth management and the five major forces shaping global markets.
Antarctica