Capricorn Fund Managers
Capricorn Fund Managers is a London-based private investment management firm founded in 1995, serving institutional investors. The firm provides investment services alongside regulatory, compliance, and risk oversight, and maintains disclosed equity positions in public companies including biotechnology holdings.
- Company typePrivate
- Founded1995
- HeadquartersLondon, United Kingdom
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Capricorn Fund Managers does
Capricorn Fund Managers Ltd is a private, London-based institutional investment management firm founded in 1995. The company provides investment services alongside regulatory infrastructure, operational, compliance, and risk oversight, serving institutional investors as its primary customer segment. It is led by Chief Executive Officer Darryl Noik and operates with a small staff of 1-10 employees, consistent with a boutique fund management structure.
The firm files 13F reports with the U.S. Securities and Exchange Commission, indicating that its 13F-reportable assets under management exceed the $100 million regulatory threshold and that it actively manages long positions in U.S. exchange-traded equity securities. Its most prominently disclosed position is approximately 162,800 shares of Ionis Pharmaceuticals, valued at an estimated $10.65 million and representing 3.58% of reportable AUM as of September 30, 2025. This position suggests a strategic emphasis on innovative biotechnology, specifically RNA-targeted therapeutics, reflecting a high-conviction allocation to a single growth-oriented name rather than a diversified equity portfolio.
The business model is conventional institutional asset management: Capricorn earns management fees (and potentially performance fees) on capital allocated by institutional clients, deploying that capital into public equity positions. No proprietary technology, AI capabilities, product launches, partnerships, or fundraising events are disclosed. The firm has not raised external funding rounds, has no disclosed parent company or subsidiaries, and operates without a public footprint beyond regulatory filings and a corporate website. Data gaps include total AUM, fee schedules, client roster, headcount trends, ownership structure, and any technology or quantitative capabilities.
Capricorn Fund Managers firmographics
Firmographics- Name
- Capricorn Fund Managers
- Legal name
- Capricorn Fund Managers Ltd
- Website
- https://capricornfundmanagers.com
- Company type
- Private
- Founded year
- 1995
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Capricorn Fund Managers is a London-based private investment management firm founded in 1995, serving institutional investors. The firm provides investment services alongside regulatory, compliance, and risk oversight, and maintains disclosed equity positions in public companies including biotechnology holdings.
- Ownership category
- akta.pro rank
Capricorn Fund Managers industry classification
Industry- Product category
- Institutional Asset Management
- NAICS
- Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Mid-Cap Equity (Active) (FSAAAIAB)
- akta.pro secondary industries
- Advisory Portfolio Management (Non-Discretionary) (FSAAABAD), Large-Cap Equity (Active) (FSAAAIAA), Fundamental/Discretionary Equity Long/Short (FSAHAAAA)
Keywords
Where Capricorn Fund Managers is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Markets served
Capricorn Fund Managers business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Others, Marketing or Sales
Capricorn Fund Managers product offering
Product offeringCore offering
Capricorn Fund Managers Ltd is an institutional investment management firm that manages equity portfolios in publicly traded companies for clients. The firm provides regulatory infrastructure, operational, compliance, and risk oversight services. As evidenced by its SEC 13F filings, it holds strategic equity positions such as its stake in Ionis Pharmaceuticals, representing 3.58% of its 13F reportable assets under management as of September 30, 2025.
Differentiator
Problem solved
Functional benefit
Products and services
- Equity Portfolio Management
Companies that use Capricorn Fund Managers
Customer profileSegments1 record
Ideal customer profiles1 record
Capricorn Fund Managers technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Capricorn Fund Managers partnerships and signals
Strategic signalScale indicators2 records
Recent moves3 records
Expansion highlights3 records
Capricorn Fund Managers competitors and assessment
Company assessmentDirect peers
- Herald Investment Trust: Herald Investment Trust is a London-listed investment trust focused on small and mid-cap technology and specialist equity investments. It is comparable to Capricorn as a UK-domiciled specialist equity investor with thematic exposure to growth sectors such as biotech.
- BlueCrest Capital Management: BlueCrest is a UK-based, founder-owned active equity manager operating a focused, specialist investment approach. It is a direct peer to Capricorn as a small, London-area boutique active equity manager.
- Polar Capital Holdings: Polar Capital is a London-based, publicly-listed boutique active equity manager operating specialist funds across sectors including healthcare/biotech. It is directly comparable to Capricorn as a similarly positioned specialist UK boutique serving institutional clients with active equity strategies.
- Baillie Gifford: Baillie Gifford is an Edinburgh-based, partnership-owned active manager renowned for specialist equity mandates including biotechnology themes. It is a direct peer to Capricorn as a UK boutique active manager employing concentrated, high-conviction equity strategies for institutional investors.
Regional players
- Man Group: Man Group is a London-listed, globally-active quantitative and discretionary investment manager. It is comparable to Capricorn as a London-headquartered active manager but operates at materially larger scale and across multiple strategies.
Broad incumbents
- abrdn (Aberdeen Investments): abrdn is a major UK-listed global asset manager offering institutional active equity and thematic mandates. It is a broad incumbent comparable to Capricorn in the active institutional equity space.
- Schroders: Schroders is a large, publicly-listed UK asset manager offering institutional active equity, healthcare, and multi-asset mandates. It is a broad incumbent comparable to Capricorn in providing institutional active equity management but at vastly greater scale and breadth.
- Rathbones Group: Rathbones is a London-listed UK wealth and asset manager providing active investment management for private clients, charities, and institutions. It is a broad incumbent comparable to Capricorn in delivering active equity strategies under UK regulation.
- Legal & General Investment Management: LGIM is one of the UK's largest institutional asset managers offering active and passive equity strategies. It is a broad incumbent peer to Capricorn given its institutional equity offerings and UK regulatory framework.
- Jupiter Fund Management: Jupiter Fund Management is a major London-listed UK asset manager offering institutional active equity and specialist strategies. It is a broad incumbent peer to Capricorn in active equity portfolio management for institutional clients.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
Capricorn Fund Managers social profiles
Digital presenceCapricorn Fund Managers financial estimates
Financial estimateRevenue estimate
Valuation estimate
Capricorn Fund Managers leadership team
Management profileNumber of profiles
Profiles1 record
Capricorn Fund Managers funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Capricorn Fund Managers M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Capricorn Fund Managers
What does Capricorn Fund Managers do?
Capricorn Fund Managers Ltd is an institutional investment management firm that manages equity portfolios in publicly traded companies for clients. The firm provides regulatory infrastructure, operational, compliance, and risk oversight services. As evidenced by its SEC 13F filings, it holds strategic equity positions such as its stake in Ionis Pharmaceuticals, representing 3.58% of its 13F reportable assets under management as of September 30, 2025.
Is Capricorn Fund Managers a public or private company?
Capricorn Fund Managers is a private company. It is classified as unknown and is currently operating.
When was Capricorn Fund Managers founded?
Capricorn Fund Managers was founded in 1995. It employs 1 to 10 people.
Where is Capricorn Fund Managers based?
Capricorn Fund Managers is headquartered in London, United Kingdom, in the Europe region.
Who are Capricorn Fund Managers's main competitors?
Direct peers on record are Herald Investment Trust, BlueCrest Capital Management, Polar Capital Holdings and Baillie Gifford. Man Group is listed as a regional player. Broad incumbents are abrdn (Aberdeen Investments), Schroders, Rathbones Group, Legal & General Investment Management and Jupiter Fund Management.
Does Capricorn Fund Managers have an API?
No public API is recorded for Capricorn Fund Managers.
What industry is Capricorn Fund Managers in?
Capricorn Fund Managers's product category is Institutional Asset Management. Its primary akta.pro industry code is FSAAAIAB, Mid-Cap Equity (Active), with a secondary code of FSAAABAD, Advisory Portfolio Management (Non-Discretionary). Its NAICS code is 523940 and its SIC code is 6282.