{"url":"https://nivawealth.com/firms/capricorn-investment-group-147417","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/147417","regulatoryAum":18852861507,"crd":"147417","secFileNumber":"801-69602","legalName":"Capricorn Investment Group LLC","displayName":"Capricorn Investment Group","website":null,"linkedinUrl":"https://www.linkedin.com/company/capricorn-investment-group","founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"512 West 22nd Street, 6th Floor","city":"New York","state":"NY","stateName":"New York","country":"United States","postalCode":"10011"},"tradeNames":["Capricorn Advisers, LLC (relying Adviser)","Capricorn Management, LLC (relying Adviser)","Capricorn-Libra Partners, LLC (relying Adviser)","Sif Partners, LLC","Sustainable Investors Fund GP S.a R.L.","Tif Partners II LLC","Tif Partners, LLC (relying Adviser)","Tigf Partners II, LLC (relying Advisor)","Tigf Partners, LLC (relying Adviser)"],"registration":{"secApproved":"18 September 2008","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":46,"advisory":16,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":13758605189,"discretionaryAccounts":33,"nonDiscretionary":5094256318,"nonDiscretionaryAccounts":1,"wrapProgram":null,"nonUsClientsPct":24,"nonAumClients":0},"clientTypes":[{"label":"High-net-worth individuals","clients":5,"regulatoryAum":5277792168},{"label":"Pooled investment vehicles","clients":27,"regulatoryAum":11941433917},{"label":"Charitable organizations","clients":2,"regulatoryAum":1633635422}],"fees":[],"feeNotes":[],"custodians":[{"name":"Goldman Sachs & Co. LLC","shortName":"Goldman Sachs &","location":"New York, NY","smaAssets":1337483416},{"name":"J.P. Morgan Securities LLC","shortName":"J.P. Morgan","location":"New York, NY","smaAssets":1002844803}],"custodyNote":"Capricorn Investment Group has custody of $13.18B for 35 clients.","otherCustodians":[],"leadership":[{"name":"Eric Techel","title":"Member / Chief Financial Officer","crd":"5941174"},{"name":"Alexandra Acosta","title":"Chief Compliance Officer","crd":"5350869"},{"name":"Mark Berryman","title":"Member","crd":"6024986"},{"name":"Michaela Edwards","title":"Member","crd":"7090136"},{"name":"William Orum","title":"Member","crd":"4567370"},{"name":"Dipender Saluja","title":"Member","crd":"6178807"},{"name":"Ion Yadigaroglu","title":"Member/Managing Principal","crd":"5574869"}],"ownership":[{"label":"Pine LLC","detail":"Member in the 25% to 50% ownership band and a control person, since April 2007."},{"label":"Ion Yadigaroglu","detail":"Member/managing principal in the 10% to 25% ownership band and a control person, since April 2007."},{"label":"William Orum","detail":"Member in the 10% to 25% ownership band and a control person, since January 2012."},{"label":"Eric Techel","detail":"Member / chief financial officer in the 5% to 10% ownership band and a control person, since January 2013."},{"label":"Michaela Edwards","detail":"Member in the 5% to 10% ownership band and a control person, since March 2019."},{"label":"Jeffrey S. Skoll Revocable Trust","detail":"Indirect owner: a sole member of Pine LLC in the 75% or more band and a control person, since September 2007.","parent":"Pine LLC"},{"label":"Jeffrey Skoll","detail":"Indirect owner: a settlor and trustee of Jeffrey S. Skoll Revocable Trust in the 75% or more band and a control person, since August 1999.","parent":"Jeffrey S. Skoll Revocable Trust"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":2,"privateResidences":0},"listedOfficeAddresses":3,"officesByState":[{"state":"California","offices":1,"addresses":[{"street":"300 El Camino Real","city":"Menlo Park"}]},{"state":"Idaho","offices":1,"addresses":[{"street":"217 S. 11th Street","city":"Boise"}]},{"state":"New York","offices":1,"addresses":[{"street":"512 West 22nd Street, 6th Floor","city":"New York","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"646-289-3030","stateRegisteredReps":1,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees"],"activities":["Portfolio management for individuals and/or small businesses","Portfolio management for pooled investment vehicles (other than investment companies)","Portfolio management for businesses (other than small businesses) or institutional clients","Selection of other advisers (including private fund managers)"],"financialPlanningClients":null,"assetMix":[{"label":"Exchange-traded equity securities","percent":6},{"label":"Non-exchange-traded equity securities","percent":78},{"label":"U.S. government/agency bonds","percent":4},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":2},{"label":"Cash and cash equivalents","percent":8},{"label":"Other","percent":2,"detail":"Gold, Platinum, Cryptocurrency"}],"privateFunds":22},"sources":{"adv1FilingDate":"18 September 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/147417/PDF/147417.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Capricorn Investment Group have?","answer":"Capricorn Investment Group has 34 clients and manages $18.9 billion for them, as of September 2026. They include 27 pooled investment vehicles, 5 high-net-worth individuals and 2 charitable organizations.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 18 September 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Capricorn Investment Group offer?","answer":"Capricorn Investment Group provides portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions and selecting other managers.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Capricorn Investment Group use?","answer":"Capricorn Investment Group’s separately managed account assets are held at Goldman Sachs & Co. LLC (New York, NY), with $1,337,483,416 and J.P. Morgan Securities LLC (New York, NY), with $1,002,844,803. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 18 September 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Capricorn Investment Group have?","answer":"Capricorn Investment Group has 1 investment adviser representatives registered with state securities authorities, out of 46 employees, and 16 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Capricorn Investment Group invest in?","answer":"At the end of its last fiscal year, Capricorn Investment Group’s separately managed accounts held 78% non-exchange-traded equities, 8% cash and equivalents, 6% exchange-traded equities, 4% U.S. government and agency bonds, 2% pooled vehicles (private funds and similar) and 2% gold, platinum, cryptocurrency. It advises 22 private funds.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Capricorn Investment Group?","answer":"Capricorn Investment Group is owned through a chain of holding companies by Jeffrey Skoll. Its direct owners are Pine LLC, Ion Yadigaroglu, William Orum, Eric Techel and Michaela Edwards, each holding 50% or less.","source":"Form ADV Part 1A, Schedules A and B, filed 18 September 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Capricorn Investment Group get paid?","answer":"Capricorn Investment Group is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":{"url":"https://nivawealth.com/firms/capricorn-investment-group-147417/holdings","form":"13F-HR","periodOfReport":"2026-06-30","filedOn":"2026-08-14","filingIndexUrl":"https://www.sec.gov/Archives/edgar/data/1536261/000110465926096768/0001104659-26-096768-index.html","totalValue":22488852542,"positionCount":10,"top10Share":1,"top10":[{"issuer":"Space Exploration Technologies Corp","titleOfClass":"COMMON STOCK","cusip":"84615Q103","value":20640198965,"shares":120801820,"shareType":"SH"},{"issuer":"Fervo Energy Company","titleOfClass":"COMMON STOCK","cusip":"31556C106","value":1000466697,"shares":34227393,"shareType":"SH"},{"issuer":"Joby Aviation","titleOfClass":"COMMON STOCK","cusip":"G65163100","value":253958171,"shares":28470647,"shareType":"SH","priorValue":244886414,"priorShares":28470647},{"issuer":"Xanadu Quantum Technologies","titleOfClass":"COMMON STOCK","cusip":"98390R102","value":134190317,"shares":11080951,"shareType":"SH"},{"issuer":"Planet Labs","titleOfClass":"COM CL A","cusip":"72703X106","value":133079433,"shares":4016886,"shareType":"SH","priorValue":125041015,"priorShares":5355847},{"issuer":"Navitas Semiconductor","titleOfClass":"COM","cusip":"63942X106","value":127846387,"shares":7134285,"shareType":"SH","priorValue":71189726,"priorShares":7992697},{"issuer":"Quantumscape Corp.","titleOfClass":"COM CL A","cusip":"74767V109","value":86917244,"shares":11496990,"shareType":"SH","priorValue":78692981,"priorShares":11496990},{"issuer":"Owl Rock Technology Finance Corp","titleOfClass":"COMMON STOCK","cusip":"095924106","value":58348328,"shares":5648797,"shareType":"SH","priorValue":69841340,"priorShares":5648798},{"issuer":"Tesla Motors","titleOfClass":"COMMON STOCK","cusip":"88160R101","value":50472000,"shares":120000,"shareType":"SH"},{"issuer":"Ecofin US Renewables Infrastructure PLC","titleOfClass":"RNEW","cusip":"00BLPK443","value":3375000,"shares":22500000,"shareType":"SH","priorValue":5400000,"priorShares":22500000}],"positionsListed":10,"positions":[{"issuer":"Space Exploration Technologies Corp","titleOfClass":"COMMON STOCK","cusip":"84615Q103","value":20640198965,"shares":120801820,"shareType":"SH"},{"issuer":"Fervo Energy Company","titleOfClass":"COMMON STOCK","cusip":"31556C106","value":1000466697,"shares":34227393,"shareType":"SH"},{"issuer":"Joby Aviation","titleOfClass":"COMMON STOCK","cusip":"G65163100","value":253958171,"shares":28470647,"shareType":"SH","priorValue":244886414,"priorShares":28470647},{"issuer":"Xanadu Quantum Technologies","titleOfClass":"COMMON STOCK","cusip":"98390R102","value":134190317,"shares":11080951,"shareType":"SH"},{"issuer":"Planet Labs","titleOfClass":"COM CL A","cusip":"72703X106","value":133079433,"shares":4016886,"shareType":"SH","priorValue":125041015,"priorShares":5355847},{"issuer":"Navitas Semiconductor","titleOfClass":"COM","cusip":"63942X106","value":127846387,"shares":7134285,"shareType":"SH","priorValue":71189726,"priorShares":7992697},{"issuer":"Quantumscape Corp.","titleOfClass":"COM CL A","cusip":"74767V109","value":86917244,"shares":11496990,"shareType":"SH","priorValue":78692981,"priorShares":11496990},{"issuer":"Owl Rock Technology Finance Corp","titleOfClass":"COMMON STOCK","cusip":"095924106","value":58348328,"shares":5648797,"shareType":"SH","priorValue":69841340,"priorShares":5648798},{"issuer":"Tesla Motors","titleOfClass":"COMMON STOCK","cusip":"88160R101","value":50472000,"shares":120000,"shareType":"SH"},{"issuer":"Ecofin US Renewables Infrastructure PLC","titleOfClass":"RNEW","cusip":"00BLPK443","value":3375000,"shares":22500000,"shareType":"SH","priorValue":5400000,"priorShares":22500000}]},"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva Wealth is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}