III Capital Management
III Capital Management is a private, multi-strategy alternative investment advisor founded in 1982, managing approximately $5 billion across fixed income, credit, FX, equity, and derivatives strategies for institutional pensions, endowments, and sovereign wealth funds globally.
- Company typePrivate
- Founded1982
- HeadquartersBoca Raton, United States
- Headcount51–100
- GTM typeB2B
- OfferingServices
What III Capital Management does
III Capital Management is a private, multi-strategy, multi-asset class alternative investment advisor founded in 1982 and headquartered in Boca Raton, Florida, with approximately $5 billion in assets under management and 100+ employees globally. The firm operates a unified platform spanning five core investment strategies — Fixed Income Relative Value, Convexity/Asymmetric Portfolios, Long/Short Credit, Long Only Credit, and Equity Market-Neutral — with a newer QIS (Quantitative Investment Strategies) capability integrated alongside. The underlying technology stack is a multi-strategy trading platform supporting rates/fixed income, credit, FX, equity, options, and derivatives markets, with a stated core competency in identifying structural mis-pricings and operating a stable platform that supports longer-horizon positioning.
The firm serves institutional investors — pensions, endowments, and sovereign wealth funds — with over 90% of capital sourced from these segments, delivered through single-investor funds and managed accounts with position disclosure, detailed reporting, and direct PM dialogue. Revenue is generated through management fees and performance fees on AUM across multiple strategies, with services offered exclusively via private placement to qualified institutional buyers. Distribution is direct via a dedicated investor relations team covering the US (Robert Printz) and UK/Europe (Jim Carbone), complemented by gated web reporting, weekly market commentary (Week In Pictures), webinars, and an annual investor conference. Securities transactions are executed through an affiliated broker-dealer, AVM, L.P. (FINRA/SIPC member). All principals are compensated from firm-level economics, reinforcing an alignment-of-interest model.
III Capital Management firmographics
Firmographics- Name
- III Capital Management
- Legal name
- III Capital Management
- Website
- https://iiicm.com
- Company type
- Private
- Founded year
- 1982
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- III Capital Management is a private, multi-strategy alternative investment advisor founded in 1982, managing approximately $5 billion across fixed income, credit, FX, equity, and derivatives strategies for institutional pensions, endowments, and sovereign wealth funds globally.
- Ownership category
- akta.pro rank
III Capital Management industry classification
Industry- Product category
- Alternative Investment Management
- NAICS
- Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394), Other Financial Investment Activities (5239)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Multi-Strategy — Single-Manager, Multi-PM (FSAHAFAB)
- akta.pro secondary industries
- Small-Cap Equity (Active) (FSAAAIAC), Target-Risk / Risk-Profile Model Portfolios (FSAAAJAD)
Keywords
Where III Capital Management is headquartered
LocationHeadquarters
- HQ city
- Boca Raton
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
III Capital Management business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others
Revenue model
- Investment Management Fees: Alternative investment advisor generating revenue through management fees and performance fees on assets under management across multiple strategies including Fixed Income Relative Value, Convexity/Asymmetric, Long/Short Credit, Long Only Credit, and Equity Market-Neutral.
Go-to-market motion2 records
Distribution channels1 record
Marketing channels4 records
III Capital Management product offering
Product offeringCore offering
III Capital Management is a multi-strategy, multi-asset class alternative investment advisor managing over $5 billion, offering institutional investors customizable investment strategies across fixed income relative value, convexity/asymmetric portfolios, long/short credit, long only credit, equity market-neutral, and quantitative investment strategies. Capital is primarily raised from pensions, endowments, and sovereign wealth funds through single investor funds and managed accounts, with a focus on uncorrelated alpha generation, risk mitigation, and capital preservation.
Product overview
III Capital Management is a multi-strategy, multi-asset class, alternative investment advisor operating a unified platform that offers five distinct investment strategy products: Fixed Income Relative Value, Convexity/Asymmetric Portfolios, Long/Short Credit, Long Only Credit, and Equity Market-Neutral. The firm also offers QIS (Quantitative Investment Strategies) as a newer capability focused on integrating quantitative methods into investor portfolios. These strategies are delivered through flexible, customized solutions targeting institutional investors including pensions, endowments, and sovereign wealth funds.
Differentiator
Problem solved
Functional benefit
Products and services
- Fixed Income Relative Value
Quantifiable outcome
- Over 40 years of experience providing performance for investors since 1982
- +1 more outcomes
Companies that use III Capital Management
Customer profileSegments3 records
Ideal customer profiles1 record
III Capital Management technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
III Capital Management partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered minor.
- The Ocean CleanupminorSince 2024, III has supported The Ocean Cleanup, a non-profit dedicated to removing plastic and other waste from oceans. The organization focuses on the relatively small number of rivers responsible for over 80% of river-sourced ocean pollution, including installation of interceptors to capture plastic before it reaches the ocean.
- Gold StandardminorSince 2022, III has partnered with Gold Standard to support the Betulia hydroelectric project in Honduras. This renewable energy project helps offset environmental impact from business operations by providing green energy in an area where wood burning had caused major deforestation and pollution. Gold Standard has planted over 11,000 new trees in the area. Partnership was renewed in 2026.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
III Capital Management competitors and assessment
Company assessmentBroad incumbents
- Bridgewater Associates: Largest global macro and multi-strategy allocator with overlapping fixed income, credit, and FX capabilities. Targets the same sovereign wealth fund and pension LP segments as III Capital Management.
- Man Group: Publicly-traded multi-strategy alternative manager combining discretionary and systematic strategies across credit, equities, and quant. Competes with III for institutional mandates and provides a benchmark for mid-sized alternative manager valuations.
- Balyasny Asset Management: Multi-strategy, multi-PM platform with broad coverage of global macro, credit, equities, and systematic strategies. Targets institutional clients with capacity similar to III Capital Management's institutional LP base.
- PIMCO: Global fixed income and credit-focused asset manager serving pensions, endowments, and sovereign wealth funds. Overlaps with III's Fixed Income Relative Value and Long Only Credit strategies, particularly in institutional fixed income allocation.
- Citadel LLC: One of the largest global multi-strategy hedge fund platforms with overlapping capabilities in fixed income relative value, credit, equities, and systematic strategies. Citadel competes for institutional mandates in the same allocator universe as III Capital Management.
- Millennium Management: Global multi-strategy platform with multi-PM structure spanning rates, credit, equities, and quant strategies. Millennium operates at significantly larger AUM but competes for the same institutional allocator relationships.
Direct peers
- BlueMountain Capital Management: Multi-strategy alternative manager with particular focus on structured credit and relative value strategies that directly overlaps with III's Long/Short Credit, Structured Credit, and Fixed Income Relative Value strategies.
- AQR Capital Management: Multi-strategy quantitative and discretionary manager serving institutional clients with capabilities spanning fixed income, credit, equities, and alternatives. Overlaps with III's QIS expansion strategy and institutional client base.
- HBK Capital Management: Multi-strategy alternative investment manager historically operating at similar scale with parallel strategies in fixed income, credit, and equities. III's Director of Operations joined from HBK where he spent over 24 years, indicating close operational and strategic familiarity.
- Caxton Associates: Mid-sized global macro and multi-strategy hedge fund with comparable strategies in currencies, rates, and credit. Targets institutional clients including pensions and sovereign wealth funds at similar scale to III Capital Management.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
III Capital Management financial estimates
Financial estimateRevenue estimate
Valuation estimate
III Capital Management leadership team
Management profileNumber of profiles
Profiles13 records
III Capital Management funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
III Capital Management 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 III Capital Management
What does III Capital Management do?
III Capital Management is a multi-strategy, multi-asset class alternative investment advisor managing over $5 billion, offering institutional investors customizable investment strategies across fixed income relative value, convexity/asymmetric portfolios, long/short credit, long only credit, equity market-neutral, and quantitative investment strategies. Capital is primarily raised from pensions, endowments, and sovereign wealth funds through single investor funds and managed accounts, with a focus on uncorrelated alpha generation, risk mitigation, and capital preservation.
Is III Capital Management a public or private company?
III Capital Management is a private company. It is classified as management employee owned and is currently operating.
When was III Capital Management founded?
III Capital Management was founded in 1982. It employs 51 to 100 people.
Where is III Capital Management based?
III Capital Management is headquartered in Boca Raton, United States, in the North America region.
How does III Capital Management make money?
One revenue line is on record: investment Management Fees.
Who are III Capital Management's main competitors?
Broad incumbents on record are Bridgewater Associates, Man Group, Balyasny Asset Management, PIMCO, Citadel LLC and Millennium Management. Direct peers are BlueMountain Capital Management, AQR Capital Management, HBK Capital Management and Caxton Associates.
Does III Capital Management have an API?
No public API is recorded for III Capital Management.
What industry is III Capital Management in?
III Capital Management's product category is Alternative Investment Management. Its primary akta.pro industry code is FSAHAFAB, Multi-Strategy — Single-Manager, Multi-PM, with a secondary code of FSAAAIAC, Small-Cap Equity (Active). Its NAICS code is 523940 and its SIC code is 6282.