BLK Capital Management

3 followers
MA-2, Cambridge, MA, USA
Type
Collegiate Organization
Category
Undergraduate
Founded
2017
About
♣ BLK Capital Management, LLC is a 100% black owned and student run hedge fund that focuses on educating our members by exposing them to the field of active investment management. We are a long/short equity fund that employs our capital across the globe delivering absolute returns seeking to outperform industry standards. 

♣ BLK Capital actively recruits and selects intelligent and motivated students from the Ivy League, MIT, and Stanford to craft a small team of elite investors. As a prerequisite for selection, each member must go through a three-round, case-study interview process that highlights their passion for knowledge and ability to display leadership capabilities. 

♣ On the long side, we teach and believe in a bottom-up, fundamental analysis value philosophy. We seek to gain a competitive advantage through focusing on small cap companies with less analyst coverage and more opportunities for deep mispricing with a significant margin of safety. 

♣ On the short side, we look to take a contrarian position and look for companies that meet several of our specific requirements: 

- Significant exposure to technological obsolescence 

- High amounts of debt and risk of default 

- Hard catalyst that will occur within 12 months of our initial investment 

- Accounting fraud or significant deception in accounting techniques With these disciplines, we hope to find investments with a favorable risk/reward profile so that we may preserve our capital and diversify our portfolio. 

Our short positions never make up more than 1-2% of our portfolio and no position makes up more than 7-8% of the fund. 

Our members are divided into industry sectors and become experts through focusing on industry trends and the underlying business models within their sector.