Capstone

Capstone runs a 10-week summer internship split into Investment and Non-Investment tracks; each intern closes the programme by presenting a project to the senior leadership team. Recent cycles have advertised:

• Investment Internship (New York): pod placements have included Sovereign Rates Relative Value, Global Equity Volatility, Quantitative, Convertible Bond Arbitrage, and Equity Capital Markets
• Quantitative Risk and Quantitative Risk Technology (New York and London)
• Software Engineering (New York and London)
• Client Solutions and Legal & Compliance (New York)
• Risk Internship (London) for the 2026 cohort

Because the Investment track places a candidate into a specific pod rather than rotating across desks, the firm screens for fit with a single strategy at the application stage; a candidate optimising for breadth across asset classes would prioritise a rotational programme at a multi-strategy platform instead.

Capstone is a derivatives specialist built around trading volatility as an asset class, with around $11 billion in assets under management. Named single strategies on the platform include Dispersion, Risk-Recycling, Trend-Following, Convex Portfolio Protection, and Equity Replacement; Capstone Solutions runs customised institutional mandates such as tail hedging and currency overlay. Investment-internship pod placements map directly onto these strategies — Sovereign Rates Relative Value, Global Equity Volatility, Convertible Bond Arbitrage — so a summer hire joins the firm's core franchise rather than a generalist rotation. Compared with a multi-strategy generalist platform the trade-off is depth in a narrow vol-and-derivatives book versus breadth across asset classes, and that fit is what the application screens for.

Yes. Capstone currently has 2 open internship and graduate roles on Jorb AI: summer internships, insight programs, graduate schemes, and early-career positions across the United Kingdom and the United States. Postings update continuously as new roles are added and filled.

Capstone has open internship and graduate roles in the United Kingdom and the United States. Specific offices and program structure (summer vs year-round, internship vs graduate scheme) vary by region; check individual postings for details.

Applications to Capstone go through the official careers site. Each role on this page links directly to the specific application. Capstone does not use third-party submission services.