Capstone Investment Advisors
Hedge Fund SEC-registered adviser
Legal name: Capstone Investment Advisors, LLC
AUM
$91.5B
Regulatory AUM
Private funds
16
Hedge Fund 16
Private fund assets
$91.3B
Gross asset value
Employees
304
Last Form D raise
May 2026
Most recent fund filing
From SEC Form ADV filing (filed Aug 5, 2026). View on SEC
People(3)
Owners and executive officers named on the firm's SEC Form ADV.
M
P
T
Funds(16)
Private funds reported on Form ADV, with amounts raised from the funds' SEC Form D filings.
| Fund | Type | Gross assets | Raised (Form D) | Investors | Last Form D | Recency |
|---|---|---|---|---|---|---|
| Capstone Global Master (cayman) Limited | Hedge Fund | $79.8B | $2.2B | 81 | May 2026 | Hot |
| Capstone Dispersion Master Fund LTD. | Hedge Fund | $2.9B | $633.0M | 16 | May 2026 | Hot |
| Capstone Alternative Risk Strategy Master (cayman) LP | Hedge Fund | $1.1B | — | — | May 2026 | Hot |
| Capstone Storm Fund LP | Hedge Fund | $427.9M | $700.2M | 2 | May 2026 | Hot |
| Capstone Drummer Fund LP | Hedge Fund | $281.7M | $250.0M | 1 | May 2026 | Hot |
| Capstone First Responder LP | Hedge Fund | $195.8M | $175.0M | 1 | May 2026 | Hot |
| Capstone Alternative Markets Trend Strategy Master (cayman) LP | Hedge Fund | $183.0M | $168.8M | 8 | May 2026 | Hot |
| Capstone Convex Portfolio Master (cayman) Limited | Hedge Fund | $73.9M | $69.6M | 4 | May 2026 | Hot |
| Capstone Phi Kappa Fund LTD. | Hedge Fund | $61.4M | $210.4M | 1 | May 2026 | Hot |
| Capstone Mount Washington Fund, LP | Hedge Fund | $52.5M | $115.2M | 3 | May 2026 | Hot |
| Capstone Equity Replacement Master Fund LTD. | Hedge Fund | $46.7M | $283.7M | 9 | May 2026 | Hot |
| Capstone Hedge II, LP | Hedge Fund | $35.2M | $59.2M | 2 | May 2026 | Hot |
| Capstone Blue Fund LTD. | Hedge Fund | $19.5M | $61.0M | 1 | May 2026 | Hot |
| Capstone Income Opportunities III, LLC | Hedge Fund | $5.5B | $5.2B | 1 | May 2026 | Hot |
| Capstone Crown Fund LP | Hedge Fund | $463.8M | — | — | — |
Board seats
Companies whose SEC Form D filings name one of this firm's people as a director, matched by name and office ZIP code.
No board seats matched from SEC filings yet.
Regulatory identifiers
- CRD number
- 155563
- SEC file number
- 801-73004
- CIK
- 1426196
Sources
- SEC Form ADV Oct 14, 2026