Black Flower Capital Management SARL

About Black Flower Capital Management SARL

Black Flower Capital Management S.à r.l. is a Luxembourg-based, alternative investment fund manager (AIFM). We run systematic, futures-based strategies engineered to deliver crisis alpha - protection that is structurally uncorrelated to equities, without the carry cost that erodes conventional tail hedges. The differentiation begins with carry. Where conventional tail hedges bleed in calm markets, ours is engineered to compound in them - crisis alpha designed to earn positive carry rather than impose a standing cost. The negative correlation to equities is structural, built into the architecture rather than tactically timed, and the return profile is convex by design: positively skewed and long-volatility throughout. The process is fully systematic, rules-based and repeatable, never discretionary and risk is governed downside-first, measured on Sortino and Calmar rather than volatility-blind optics.