Capstone Equity Replacement Master Fund Ltd.
Hedge FundFund ID 805-5300202721Cayman Islands
Gross assets
$46.7M
Min. investment
$1M
Beneficial owners
5
Size rank
Top 56%
Audited
Yes
Structure
Master
About this fund
Capstone Equity Replacement Master Fund Ltd. is a hedge fund managed by Capstone Investment Advisors, LLC. The fund reports $46.7 million in gross assets, placing it among the top 56% of private funds by size. The stated minimum investment is $1 million. Its financial statements are audited annually. Private funds are not required to publicly disclose returns; Form ADV reports assets, structure, and service providers, shown above.
Fund details
| 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% |
Other funds from this manager
| Fund | Type | Gross assets |
|---|---|---|
| Capstone Global Master (cayman) Limited | Hedge | $79.83B |
| Capstone Income Opportunities III, LLC | Hedge | $5.48B |
| Capstone Dispersion Master Fund Ltd. | Hedge | $2.93B |
| Capstone Alternative Risk Strategy Master (cayman) LP | Hedge | $1.15B |
| Capstone Crown Fund LP | Hedge | $463.8M |
| Capstone Storm Fund LP | Hedge | $427.9M |
See all 15 funds from this manager — unlock the full record.
Join to unlock · $37/moFrequently asked questions
How large is Capstone Equity Replacement Master Fund Ltd.?
Capstone Equity Replacement Master Fund Ltd. reports $46.7 million in gross assets, among the top 56% of private funds by size.
What is the minimum investment for Capstone Equity Replacement Master Fund Ltd.?
The stated minimum investment is $1 million.
Who manages Capstone Equity Replacement Master Fund Ltd.?
Capstone Equity Replacement Master Fund Ltd. is managed by Capstone Investment Advisors, LLC.
Does Capstone Equity Replacement Master Fund Ltd. disclose returns?
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.
Manager
C
New York, NY
Service providers
Reported gross assets
$46.7M▲ 3%
Mar '25Form ADV, monthlyJul '26
How this fund compares
Gross assetsTop 56%
Larger than 44% of 67,246 private funds
Gross assets vs Hedge FundsTop 70%
Larger than 30% of 12,379 hedge funds
Minimum investmentTop 33%
Higher than 67% of funds reporting a minimum
Investor base
Adviser & related persons2%
Funds of funds%
Non-U.S. persons1%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.