BWC Founders Fund

Where systematic discipline meets founder conviction — engineered to outperform, built to protect, and backed by capital we invest alongside yours.

Founder Alignment

Your Capital. Our Capital. The Same Strategy.

The BWC Founders Fund was named for a reason. 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.

  • ✓ Founder capital invested directly in the fund under identical terms and risk exposure as every limited partner
  • ✓ Direct access to the Founder and Fund Manager — the architect of the strategy — not a sales desk or intermediary
  • ✓ Full transparency through monthly investor letters, performance reporting, and open dialogue on systematic decision-making
"While our strategies are driven by code, our relationship with investors is driven by a commitment to personal partnership."

Rogan McGillis
Founder & Fund Manager, Blackworks Capital

Fund Performance

Performance Snapshot

Systematic discipline translated into measurable results. Net returns since inception (March 2025 - March 2026).

+45.7%
Vs. SPXTR
+13.1%
Cumulative Net Return
+41.4%
 
 
Alpha vs. SPXTR
1.91
vs. SPXTR
.71
Sharpe Ratio
4.51
vs SPXTR
1.06
Sortino Ratio
-10.2%
vs SPXTR
-14.7%
Max Drawdown

Performance Analysis

Detailed fund performance and risk metrics versus benchmark.

Fund Performance vs. Benchmark

Period BWC Founders Fund S&P 500 TR (SPXTR) Δ vs. SPXTR
1 Month 0.3% (5.0%) 5.3%
3 Month 12.9% (4.3%) 17.2%
12 Month 46.1% 17.8% 28.3%
YTD 12.9% (4.3%) 17.2%
Cumulative 45.7% 13.1% 32.5%
Annualized Return 41.5% 12.1% 29.4%

Performance is reported on a Net Return basis after all fees and expenses.

Risk & Performance Metrics

Metric BWC Founders Fund S&P 500 TR (SPXTR)
Risk-Adjusted Returns
Sharpe Ratio 1.91 .71
Sortino Ratio 4.51 1.06
Calmar Ratio 5.15 .83
Gain-to-Pain Ratio 1.69 1.15
Information Ratio 2.39
Alpha (Annualized) 41.4%
Volatility & Drawdown
Volatility (6 Mth Rolling) 14.1% 11.4%
Volatility (Cumulative) 23.5% 18.5%
Max Drawdown (10.2%) (14.7%)
Median Drawdown (0.4%) (0.9%)
Avg Recovery Time (days) 5.1 7.9
Market Capture
% Months Positive 76.9% 69.2%
Beta .89
Upside Capture Rate 76.9%
Downside Capture Rate 34.1%

Performance metrics are calculated on a Daily Gross Basis before fees and expenses for the purpose of illustrating fund characteristics.

Start a Conversation

Speak directly with the Founder and Fund Manager about the BWC Founders Fund, our systematic approach, and whether it aligns with your investment objectives.

Schedule a Conversation Access the Investor Letter & Factsheet
Fund Structure

Fund Details

Fund NameBWC Founders Fund, LLC
Management EntityBlackworks Capital Management LLC
Inception DateMarch 2025
BenchmarkS&P 500 Total Return (SPXTR)
Minimum Investment$100,000 USD
Fee Structure2%/15%
LiquidityMonthly
Fund StructureDelaware LLC
AuditorCherry Bekaert LLP
AdministratorRePool, Inc.

This information is provided for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities. Past performance is not indicative of future results. Investors should review the fund’s offering documents carefully before making any investment decision.