| Fund ID | 805-5300202721 |
| Fund type | Hedge Fund |
| 3(c)(1) exclusion | No |
| 3(c)(7) exclusion | Yes |
| Master fund | Yes |
| Feeder fund | No |
| Fund of funds | No |
| Relies on exemption from registration | Yes |
| Annual audit | Yes |
| Prepared per GAAP | Yes |
| Sub-advised | No |
| % of assets independently valued | 100% |
| Owned by the adviser or related persons | 4% |
| Owned by funds of funds | 0% |
| Owned by non-U.S. persons | 2% |
| Fund | Type | Gross assets |
|---|---|---|
| Capstone Global Master (cayman) Limited | Hedge | $79.8B |
| Capstone Income Opportunities III, LLC | Hedge | $6.17B |
| Capstone Dispersion Master Fund Ltd. | Hedge | $2.86B |
Capstone Equity Replacement Master Fund Ltd. reports $45.5 million in gross assets, among the top 56% of private funds by size.
The stated minimum investment is $1 million.
Capstone Equity Replacement Master Fund Ltd. is managed by Capstone Investment Advisors, LLC.
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.