About
Institutional Standards.
Educational Mission.
Blueshift Capital was built on a conviction that serious financial education demands real responsibility: not simulations, not hypotheticals, but a genuine program in applied capital allocation.
Who We Are
An Educational Program with Real Consequence
Blueshift Capital is a student-managed educational programme in applied capital allocation, based at ESADE, Barcelona. It was established through the ESADE Finance Society and operates under the ESFS Educational Association, a non-profit association incorporated under Spanish law.
The programme was founded on a shared belief: that the most effective preparation for a career in finance is not a classroom exercise, but the actual practice of disciplined research, rigorous analysis, and accountable decision-making with a managed educational capital base: the model the industry knows as a student-managed investment fund (SMIF), applied at ESADE.
Operating under institutional governance, including a supervisory board, faculty oversight, and external legal counsel, Blueshift Capital holds its members to a standard commensurate with professional investment practice, not academic convention.
Faculty Oversight
Supervised by ESADE finance faculty with periodic guidance on strategy and risk.
Legal Counsel
External legal oversight provided by CAF Gestión, ensuring regulatory and structural compliance.
Full Governance
General Assembly, Board of Directors, and Investment Committee with documented decision-making.
Leadership
The Founding Team
A selective group of ESADE graduates and students with a shared commitment to institutional standards and long-term excellence.




Investment Team
Portfolio Managers
Selected through a rigorous process for analytical ability, intellectual curiosity, and commitment to the program's standards.

Achille Zerbib
Emerging Markets

Oscar Lino Trapp
Pharmaceuticals, Biotech & Energy

Philipp Würtenberger
TMT

Francisco de Puig
FMCG & FIG

Marco Morchio
Industrials
Governance
Supervisory Board
Independent oversight ensuring the program adheres to its educational mandate, governance standards, and legal obligations.
To be announced
Supervisory Board
To be announced
Supervisory Board
To be announced
Supervisory Board
Culture
What We
Stand For
Five values that define how we work, how we think, and what we ask of everyone who joins.
01
Integrity
Every analysis, every recommendation, every decision is held to a standard of intellectual honesty. We do not cut corners and we do not rationalise conclusions.
02
Discipline & Rigour
Process over impulse. We follow a structured research methodology, enforce risk controls, and hold all positions to documented investment theses.
03
Excellence
We set a high bar for membership, research quality, and programme execution. Mediocrity is not a standard we tolerate in ourselves or accept from others.
04
Curiosity
The best investment ideas come from deep, genuine inquiry. We cultivate intellectual curiosity as a professional discipline, across industries, geographies, and business models.
05
Commitment
Membership in Blueshift Capital is a serious undertaking. We expect our members to give it the weight it deserves, and to grow meaningfully through the experience.
Applications
We Select for Ability,
Not Pedigree.
Blueshift Capital selects members through a rigorous, merit-based process open to all ESADE students. We evaluate analytical capability, intellectual honesty, and genuine commitment to financial excellence, not background or connections. Diversity and inclusion are actively encouraged.
Interested in joining?
Applications open periodically. Contact us to express your interest and we will notify you when the next cycle opens.
Express Interest