Kepos Capital Lp
- Regulatory AUM
- $2.5B
- Discretionary
- $2.5B
- Clients
- 17
- Avg AUM / client
- $145M
- Accounts
- 17
- Employees
- 40
AUM over time
Annual snapshots from Form ADV filings · as of May 20, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 17 | $2.5B | 100.0% |
Private funds (9)
Reported in Form ADV Section 7.B.(1), filing of Jul 2024 · $2.1B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Kepos Alpha Master Fund L.P. master | Hedge Fund | Cayman Islands | $1.1B | 52 |
| Kepos Carbon Allowance Master Fund L.P. master | Hedge Fund | Cayman Islands | $224M | 10 |
| Kepos Alternative Risk Premia Fund L.P. master | Hedge Fund | Cayman Islands | $211M | 4 |
| Kepos Exotic Beta Master Fund L.P. master | Hedge Fund | Cayman Islands | $158M | 1 |
| Kepos Carbon Evolution Master Fund L.P. master | Hedge Fund | Cayman Islands | $114M | 5 |
| Kepos Special Opportunities Master Fund L.P. master | Hedge Fund | Cayman Islands | $101M | 44 |
| Kepos Carbon Transition Master Fund L.P. master | Hedge Fund | Cayman Islands | $99.8M | 22 |
| Kepos Lab Qs Systematic Global Macro Fund, Lp | Hedge Fund | Delaware | $74.9M | 2 |
| Kepos Lab Qs Systematic Global Macro Offshore Fund, Lp | Hedge Fund | Cayman Islands | $20.4M | 1 |
People (9)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Carhart, Mark, Monroe | Chief Investment Officer, Limited Partner | Mar 2010 (16y) | ≈ 0% – 3.75% via Kepos Capital Gp Llc | |
| De Santis, Giorgio | Limited Partner | Mar 2010 (16y) | 10% – 25% | |
| Litterman, Robert, Bruce | Chair Of Risk Committee, Limited Partner | Mar 2010 (16y) | 5% – 10% | |
| Flynn, Noel, Patrick | Chief Operating Officer, Limited Partner | Jun 2010 (16y) | Less than 5% | |
| Raykher, Simon | General Counsel And Chief Compliance Officer, Limited Partner | Dec 2012 (14y) | Less than 5% | |
| Arenas, Kerry, Sean | Co Chief Financial Officer | Jul 2023 (3y) | Less than 5% | |
| Deschamps, Matthew, N | Limited Partner | Jul 2023 (3y) | 5% – 10% | |
| Mikolinski, Thomas, David | Co Chief Financial Officer | Jul 2023 (3y) | Less than 5% | |
| Hobart, Gregory, J | Chief Technology Officer | May 2024 (2y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Kepos Capital Gp Llc | General Partner | Mar 2010 | A | Less than 5% |
| Kepos Partners Mm Llc | Managing Member Of Kepos Partners Llc | Mar 2010 | A | Less than 5% |
Undisclosed: 0% – 55% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Carhart, Mark, Monroe: 50% – 75% of Kepos Capital Gp Llc × 0% – 5% direct ≈ 0% – 3.75% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (9, $2.1B gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Kepos Alpha Master Fund L.P. | Hedge Fund | $1.1B | $5.0M | 52 |
| Kepos Carbon Allowance Master Fund L.P. | Hedge Fund | $224M | $5.0M | 10 |
| Kepos Alternative Risk Premia Fund L.P. | Hedge Fund | $211M | $5.0M | 4 |
| Kepos Exotic Beta Master Fund L.P. | Hedge Fund | $158M | $5.0M | 1 |
| Kepos Carbon Evolution Master Fund L.P. | Hedge Fund | $114M | $5.0M | 5 |
| Kepos Special Opportunities Master Fund L.P. | Hedge Fund | $101M | $5.0M | 44 |
| Kepos Carbon Transition Master Fund L.P. | Hedge Fund | $99.8M | $5.0M | 22 |
| Kepos Lab Qs Systematic Global Macro Fund, Lp | Hedge Fund | $74.9M | $100K | 2 |
| Kepos Lab Qs Systematic Global Macro Offshore Fund, Lp | Hedge Fund | $20.4M | $100K | 1 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 05/20/2026 | 2.79 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for pooled investment vehicles
Custody
Reported custodians
- BNY Mellon $156M (7% of AUM) Feb 2025
- Morgan Stanley $61.8M (3% of AUM) Feb 2025
- Goldman Sachs $12.5M (1% of AUM) Feb 2025
- Bnp Paribas Securities Corp. $3.8M (0% of AUM) Feb 2025
- J.P. Morgan $2.1M (0% of AUM) Feb 2025
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: May 20, 2026.
View current Form ADV (SEC/IAPD) ↗