Capital, held to ahigher mark.
We manage capital for a small, strictly selected group of investors. Our book is delta-neutral and built largely around funding rate arbitrage, run by a team of eleven across Tbilisi and Dubai.
Three disciplines. Onestandard of rigour.
Systematic Trading
A delta-neutral book, hedged on both sides, built largely around funding rate arbitrage. We are not paid to predict direction and we do not try to — the book is engineered to be indifferent to it, and the risk we carry is the risk we chose.
Applied Intelligence
Machine learning and automation used where they are accountable: finding structure in market data, monitoring live risk, and removing the human moment from execution.
Private Investments
Patient capital for founders building the infrastructure of modern finance and technology. We hold for years, and we are unhurried about it.
Noise becomes evidence.Evidence becomes a rule.
We record the market, clean it and keep it. Nothing downstream can be better than the data underneath it.
An idea stays a hypothesis until it survives years of that data, with costs counted honestly.
What survives becomes a rule, executed by software inside limits set in advance.
Every position is measured against what we expected of it. The rule improves, or it is retired.
We would rather be precisethan loud.— The Whitemaker standard