Paul Britton

Paul Britton is the founder and Chief Executive Officer of Capstone Investment Advisors. Paul is based in Milan, Italy. 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 $11 billion (as of August 2025) in assets primarily for pensions, endowments, and foundations. Capstone is headquartered in New York with offices in London, Hong Kong, Australia, Amsterdam, Milan, California, Connecticut, and Boston.