Strategy & Investment Approach

What is BlackShip Capital’s core investment strategy?

BlackShip Capital is a London-based, AI-native volatility trading hedge fund that uses systematic strategies across global index and derivatives markets to capture volatility risk premia. The strategies are uncorrelated and designed to be effective independent of broader market direction. 

How does BlackShip Capital use machine learning and AI in its strategy?

The firm applies proprietary machine learning models on high-frequency, institutional-grade data to find structural inefficiencies in volatility markets. Execution is supported via AI-driven algorithms focused on minimising latency, achieving mid-price fills, and robust risk management. 

What does “volatility risk premia” mean, and how does BlackShip Capital capture it?

Volatility risk premia refers to the extra return that investors demand for bearing volatility risk. BlackShip Capital captures it by systematically trading volatility derivatives, optimising long, short or neutral volatility exposures across different market regimes.

Fund Details & Operations

When was BlackShip Capital founded, and when did its strategy launch?

The first components of the BlackShip Capital strategy launched in 2021 under a special limited partnership (SCSp) structure in Luxembourg. In 2023, the strategy transitioned into a managed accounts platform under BlackShip Capital Limited in London, the United Kingdom. In 2024, the fund was formally established as a special purpose (SP) vehicle domiciled in the Cayman Islands, providing an institutional-grade structure for global investors.

What is the fund registration and regulatory status of BlackShip Capital?

BlackShip Capital is registered under CIMA (Cayman Islands Monetary Authority) and has the ISIN KYG6715B119, with a Bloomberg ticker of ODBKSIA KY Equity.

What kind of risk management and execution standards does BlackShip Capital employ?

BlackShip Capital uses AI-driven execution protocols to maintain low latency and mid-price fills, combined with sophisticated risk control across its systematic volatility exposures.

Investor Information & Access

Who is eligible to invest with BlackShip Capital?

Communications and subscription are intended for Professional Clients and Eligible Counterparties. The fund is not open to U.S. Persons.

How do I access the Investor Portal?

Existing investors may log in via the secure investor portal link provided on the website. Access requires prior authorization

How can I stay updated with BlackShip Capital news and developments?

You can subscribe to their newsletter on the website. By doing so, you confirm you are a Professional Client or Eligible Counterparty and not a U.S. Person.

Risks, Performance & Comparisons

What are the key risks involved with volatility trading strategies?

Volatility-based strategies can experience sharp drawdowns during unexpected market events or if volatility dynamics shift quickly. However, BlackShip Capital’s approach uses systematic risk controls, diversified exposures (long/short/neutral), and AI-driven execution to mitigate such risks.

How has BlackShip Capital performed historically?

While past performance is not a guarantee of future results, the fund aims to deliver consistent volatility alpha across different market cycles. Detailed performance data is available to qualified investors upon request.

How does BlackShip Capital differ from traditional hedge funds?

Unlike many traditional hedge funds that focus on equities, macro, or directional bets, BlackShip specializes in volatility trading with a systematic, AI-native, low correlation approach. It seeks return from volatility risk premia rather than market direction.