Capstone Hedge II, LP

The presence of three named entities (two LLC vehicles plus Paul Britton individually) indicates a tiered GP structure where Capstone Fund Services II handles operations while Capstone Investment Advisors likely manages strategy, with Britton's individual naming suggesting he is the key decision-maker and probable signatory on material LP agreements and trading authority.

A May 2026 amendment filing under the 06b exemption (no public solicitation) during what appears to be a hedge fund fundraising window signals the GP is in active pre-marketing with existing limited partners or defined prospect lists, not conducting a broad raise—consistent with a $59M target that sits below mega-fund scale but requires institutional LP depth.

Verify whether Capstone Investment Advisors or Capstone Fund Services II has prior SEC filings under different structures or vintages not yet indexed on EDGAR, as the absence of prior filings creates execution risk around whether this is truly the second fund or a rebranded entity, and confirm key-man insurance and succession language given Britton's individual naming.