Predict Policy.
Quantify Impact.
Create Strategy.

Capstone helps some of the world’s largest companies and most influential investors navigate the global regulatory landscape to unearth novel opportunities and avoid hidden risks. With locations in Washington, DC, London, Houston, Paris, and Mumbai we have intimate knowledge of developments in global centers of government, and how crucial those developments are to corporations, investors, and broader industry. We help our clients predict policy, quantify the impact of that policy, and recommend revenue-driving strategies for companies and institutional investors regarding state, federal, and international policy.


Corporate Strategy

Companies in highly regulated industries must vigilantly track and analyze policy changes at the US federal and state, and EU member state levels, analyzing these policy changes to assess where opportunities for expansion or investment may be created. Most companies rely on associations or lobbyists who have an inherent conflict between their dual roles of fact-finding and advocacy. Capstone does not conduct any lobbying or advocacy work, and is focused exclusively on assessing the policy landscape now and in the future for our clients.

Public Market Investors

Capstone’s policy analysis team specializes in creating differentiated investment ideas through deep-dive analyses of policy at the US federal and state, European Union, and member state levels. Our analysts comb the minutiae of rule-making, comment letters, Freedom of Information Act requests, existing and proposed legislation, and other government reports. Our analyses are complemented by outreach to critical policymakers, thought leaders, and other stakeholders, with whom we engage in one-on-one conversations about the policy trends affecting a given company or sector—connecting dots that others miss.

Private Equity Investors

Capstone provides real-time, insightful analysis of the policy-driven risks and opportunities presented by specific potential investments or for existing portfolio companies. Our regulatory and legislative due diligence is grounded in an intensive review of public records—proposed and final regulations, comment letters, legislation, think-tank white papers, stakeholder position papers, and a host of other sources—complemented by outreach to a wide variety of critical policymakers and other stakeholders. The result is a holistic, predictive view of the long-term policy outlook facing the target or the existing portfolio company.


Meet our team

Our team is unique in that we hire people with substantial investment analyst experience and ask them to become policy experts, and vice versa. Our philosophy is based on the idea that good investment themes come from being masters of policy details. We believe being deep “in the weeds” of government policy is the key to finding an analyzing profitable investment ideas for clients.


Join Capstone

Join our team and engage with policymakers and investor clients to provide insightful and forward-looking analysis.

Global Office Locations

09:25 PM

Washington DC

1401 New York Ave NW, Ste 600
Washington, DC 20005

02:25 AM


7 Howick Place
London, UK SW1P 1BB

08:25 PM


3040 Post Oak Blvd
Houston, TX 77056

03:25 AM


27 Avenue de l’Opéra, Ste 412
75001 Paris, France

06:55 AM