Form D · Hedge Fund

Capstone Commonwealth Fund, LP

New York, NY · CIK 0001885033

Offering snapshot reported Dec 9, 2025 · SEC filing

Reported sold
$395M
Indefinite offering
Investors reported
1
Form D · investor count
Minimum accepted
$0
Reported outside-investor minimum
First sale
Dec 1, 2021
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$198M$395MDec 8, 2021: $90,000,000.00Dec 8, 2021Dec 8, 2022: $290,000,000.00Dec 8, 2022Dec 8, 2023: $337,000,000.00Dec 8, 2023Dec 9, 2024: $395,000,000.00Dec 9, 2024Dec 9, 2025: $395,000,000.00Dec 9, 2025

Dates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.

What changed?

Latest filing versus its linked predecessor, where available.

No comparable changes in the displayed metrics.

Filing history

Scroll to see all columns →

FiledFiling typeReported soldChange vs linked filingInvestorsSource
Dec 9, 2025Amendment$395,000,000$0vs Dec 9, 20241SEC filing
Dec 9, 2024Amendment$395,000,000$58,000,000vs Dec 8, 20231SEC filing
Dec 8, 2023Amendment$337,000,000$47,000,000vs Dec 8, 20221SEC filing
Dec 8, 2022Amendment$290,000,000$200,000,000vs Dec 8, 20211SEC filing
Dec 8, 2021Initial$90,000,000No comparison1SEC filing

Offering details

Securities
Pooled investment fund
Exemptions
06b, 3C, 3C.7
Duration over one year
Yes
Business combination
No
Sales commissions
$0
Finders' fees
$0
Form D file number
021-424106

Source: Form D, filed Dec 9, 2025. Minimum accepted may differ from a standard advertised minimum.

Fund connections

The linked fund shows its most recently reported ADV details.

Matched by reported Form D file number

CAPSTONE COMMONWEALTH FUND, LP

Investment adviser: CAPSTONE INVESTMENT ADVISORS, LLC

Gross asset value
$353M
Beneficial owners
2
ADV minimum commitment
$90M

Reported in Form ADV on Nov 25, 2025. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator NORTHERN TRUST HEDGE FUND SERVICES LLC CHICAGO, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor PRICEWATERHOUSECOOPERS LLP NEW YORK, New York, United States
Custodian BARCLAYS CAPITAL INC. NEW YORK, New York, United States Related to adviser: No
Custodian THE NORTHERN TRUST COMPANY CHICAGO, Illinois, United States Related to adviser: No
Custodian THE NORTHERN TRUST INTERNATIONAL BANKING CORPORATION JERSEY CITY, New Jersey, United States Related to adviser: No
Prime broker BARCLAYS CAPITAL INC. NEW YORK, New York, United States
Provider details
Annual audit
Yes
Prime brokers
Yes
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

PRICEWATERHOUSECOOPERS LLP
PCAOB 238

BARCLAYS CAPITAL INC.
SEC 8-41342

THE NORTHERN TRUST COMPANY
LEI 6PTKHDJ8HDUF78PFWH30

THE NORTHERN TRUST INTERNATIONAL BANKING CORPORATION
LEI 54930042DBMRRWU1QM80

BARCLAYS CAPITAL INC.
CRD 19714 · SEC 8-41342

Filing source

Form ADV 2025494 · Nov 25, 2025 · Schedule D 7.B.(1), fund 805-7365215614

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

People & organizations

Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.

People and organizations reported in Form D filings
NameReported role
Paul M. Britton Executive
Capstone Fund Services Ii, Llc Executive
N/A Capstone Fund Services Ii, Llc Executive
Capstone Investment Advisors, Llc Promoter
N/A Capstone Investment Advisors, Llc Promoter

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
7 World Trade Center, 32nd Floor 250 Greenwich Street
New York, NY, 10007