Paul Britton is the founder and Chief Executive Officer of Capstone Investment Advisors. Paul focuses on setting the firm’s strategy, developing the culture, attracting key talent and overseeing the execution of investment and business functions.
With a background trading across global options and derivatives markets, Mr. Britton began his career with Saratoga Limited trading options on London’s LIFFE exchange in 1994 and co-founded the private trading partnership Mako Global Derivatives in 1999. Subsequently, Mr. Britton bought the U.S. operations of the Mako Group to form Capstone in 2004, managing partners’ capital initially as a proprietary trading group. Capstone Investment Advisors was formed and opened to external capital in 2007.
Capstone Investment Advisors is a global fund manager that has specialized in trading volatility as an asset class since its inception in 2007. Capstone currently manages approximately $9 billion (as of August 2022) in assets primarily for pensions, endowments, and foundations. Capstone is headquartered in New York with offices in London, Hong Kong, Australia, Amsterdam, California, Connecticut and Boston.
Capstone is majority owned by Paul Britton and Dyal Capital Partners, an investment fund formed by Neuberger Berman Group LLC, which purchased a passive minority equity stake in Capstone from members of the management team on May 31, 2013.