Published Research

We produce differentiated and comprehensive policy research focused on creating actionable investment ideas for our clients as well as context around policy developments and trends.

Due Diligence Projects

Capstone advises private equity firms on the impacts, both positive and negative, of regulation on potential and existing investments. We provide this advice prior to purchase, during the life of the investment, and in preparation for sale. We analyze regulation at every level of government in both the US and Europe.

Bespoke Requests

An engagement with Capstone includes the ability to request ad-hoc policy research on any policy-related topic. At the direction of clients, our team can quickly identify key regulatory issues impacting an investment and communicate the analysis in a concise memo along with follow-up conversations. These projects typically require two to three days, after which we will distill our findings in a memo or a phone call (or both) and walk through our research.


Capstone hosts policy days, conference calls, lunches, and a variety of other events every month where clients have the opportunity to spend time with a carefully curated group of policymakers, industry experts, and other vital thought leaders. Each event expands on policy- or market-related topics Capstone follows and provides clients with insights on the trajectory of complex regulation and policy-driven investment themes.