Capstone Investment Advisors, LLC is a global hedge fund manager that has specialized in trading volatility as an asset class since the firm’s inception in 2007. The investor base is approximately 80% pensions, endowments and foundations. Through offices in New York, London, and Amsterdam Capstone trades globally across equities, fixed income, foreign exchange and commodities.
Capstone has a quantitative approach to trading and the business is model driven with a qualitative overlay. Capstone Volatility Master Fund, the flagship volatility arbitrage fund, launched in 2007. The platform evolved to include Solutions, which has been managing custom options and volatility based strategies for institutional investors since 2010, through an investment team that is based in New York and independent from the flagship fund. Solutions mandates include equity replacement, tail risk protection, volatility harvesting, and bespoke tactical opportunities or hedges implemented primarily through single investor funds. A commingled fund, Capstone Equity Replacement, was launched in October 2016 to accommodate investors’ needs.
Most recently, in July 2017, Capstone assumed management for the Diversified Dynamic Alpha Fund, which employs a systematic and discretionary global macro strategy. The investment team is based in Amsterdam and trades multiple volatility-based strategies which complement Capstone’s existing platform.
For more information, please visit: http://www.capstoneco.com/