Different by design.

Capstone is a global, alternative investment management firm operating across a broad range of derivatives-based strategies with a deep understanding of volatility. With approximately $8.8 billion of AUM and 183 employees¹, Capstone was established in 2004 and is headquartered in New York with offices in London, Amsterdam, Stamford, and Los Angeles. Through strategic insight, market-leading expertise and advanced technology, we seek to anticipate and harness the complexities of world markets, creating unique opportunities for our clients, team and industry.

Overview.

High-level overview of Capstone's business.

“Many of us started down on the floor, which we believe makes us volatility-savvy people used to working in an adverse environment, and as a result, we approach business differently.”

— Matt Tonelli, Head of Trading

Team.

Our team is comprised of a diverse group of over 150 accomplished individuals who collaborate and adapt proactively to source a sustainable advantage for our institutional clients. We are dedicated to providing the support and training to ensure that each and every individual on our team can achieve their very best.

"You get a lot of exposure at Capstone because we trade across so many asset classes. There’s all this complexity and experience in the business, so everyone is immersed in a tremendous learning environment.”

— Robert Kolodziej, Head of Business Development

Clients.

Capstone currently manages approximately $8.8 billion¹, representing a diverse set of sophisticated global institutional investors, including public and corporate pension funds, university endowments, charitable foundations, sovereign wealth funds, insurance companies and banks.

¹ As of April 1, 2021.

Investment Platforms.

Capstone has two separate but complementary investment platforms: CGM and Capstone Solutions.

CGM

Multi strategy approach trading derivatives across asset classes and regions, with a focus on volatility and relative value

“We have a collaborative, multi-portfolio manager approach to investment strategy.”

— Amy Herrup, Director, Client Solutions

Capstone Solutions

Customized mandates and strategies tailored to client needs across the volatility and derivatives spectrum

“Our Solutions business works in collaboration with our clients to provide customized solutions to meet their constantly evolving needs.”

— Margaret Lucas, Senior Vice President, Investor Relations

“We believe strongly in delivering transparency to our investors because, ultimately, we’re managing their assets, and we feel they should have a very clear idea as to the exposure they have.”

— Paul Britton, Chief Executive Officer

Different by design.

“Many of us started down on the floor, which we believe makes us volatility-savvy people used to working in an adverse environment, and as a result, we approach business differently.”

Team.

"You get a lot of exposure at Capstone because we trade across so many asset classes. There’s all this complexity and experience in the business, so everyone is immersed in a tremendous learning environment.”

Clients.

Capstone currently manages approximately $8.8 billion1, representing a diverse set of sophisticated global institutional investors, including public and corporate pension funds, university endowments, charitable foundations, sovereign wealth funds, insurance companies and banks.

Investment Platforms.

Capstone has two separate but complementary investment platforms: CGM and Capstone Solutions.

Multi strategy approach trading derivatives across asset classes and regions, with a focus on volatility and relative value

Customized mandates and strategies tailored to client needs across the volatility and derivatives spectrum

“We believe strongly in delivering transparency to our investors because, ultimately, we’re managing their assets, and we feel they should have a very clear idea as to the exposure they have.”

Leadership.

“The firm strongly believes, more than any other place I know of, in volatility as an asset class. We just have this belief in volatility.”

History.

Founded in 2004, Capstone’s journey is continually defined by expanding our services around our core capability of embracing volatility to find opportunity.

Capstone currently manages approximately $8.8 billion¹, representing a diverse set of sophisticated global institutional investors, including public and corporate pension funds, university endowments, charitable foundations, sovereign wealth funds, insurance companies and banks.