Element is a company.
Element has raised $80.0M across 6 funding rounds.
Key people at Element.
Element has raised $80.0M in total across 6 funding rounds.
Key people at Element.
Element Capital Management is a New York-based hedge fund founded in 2005, specializing in global macroeconomic investment strategies across fixed income, foreign exchange, derivatives, and multi-asset classes.[1][3][4] With approximately $74.8 billion in assets under management (AUM) as of recent data, it serves institutional clients like Harvard University's endowment, the MacArthur Foundation, Teachers Retirement System of Texas, and Alaska Permanent Fund, emphasizing superior risk-adjusted returns through macro-economic analysis, proprietary models, and active portfolio management.[1][2][3] The firm's investment philosophy centers on "Modern Macro," blending deep fundamental research, quantitative analysis, and a lean team of about 60 professionals to maintain optimal size and performance focus, often returning capital to prioritize returns over growth.[3][4]
Element Capital Management was founded in 2005 by Jeffrey Talpins, who serves as chief investment officer, launching the fund in April that year with a focus on global macro strategies.[1][3][4] Headquartered at 520 Madison Avenue in New York, it expanded with a Mayfair, London office in 2015.[2][3] Key milestones include attracting Harvard as a client in 2017 under N.P. “Narv” Narvekar's leadership, reaching "heavyweight" status with over $50 billion AUM by 2018, and proactive capital returns—such as 20% AUM reduction in 2020, $2 billion profit distribution in 2021, and further downsizing in 2024—to control growth and emphasize performance.[3] Notable hires include Adam Prestandrea in 2012 from EIM SA and Colin Teichholtz in 2019 from Blue Mountain Capital.[3]
Element Capital rides the global macro trend, leveraging economic shifts, policy changes, and market volatility in fixed income, FX, and derivatives—amplified by technological advances in quantitative analysis and data mosaics.[1][3][4] Timing aligns with post-2020 market complexities, where macro strategies outperform amid inflation, geopolitics, and rate hikes; its London expansion taps European liquidity.[2][3] Market forces like institutional demand for ESG and multi-asset diversification favor it, influencing the ecosystem by setting benchmarks for performance-over-size discipline, attracting top talent, and modeling tech-enabled macro evolution for other hedge funds.[2][3][4]
Element Capital will likely continue downsizing AUM to sharpen alpha generation, expanding tech-driven quant tools and ESG offerings amid volatile macros.[2][3][4] Trends like AI-enhanced forecasting, sustainable investing, and fragmented global policies will shape it, potentially growing influence through selective client partnerships. As a performance-focused heavyweight, it exemplifies macro evolution, delivering the risk-adjusted returns that define elite hedge funds in an uncertain era.[1][3]
Element has raised $80.0M in total across 6 funding rounds.
Element's investors include Accomplice VC, Anthemis Group, Tom Hulme, Notion Capital, Sapphire Ventures, Nadeem Shaikh, Sean Park, Alumni Ventures, Cisco Investments, DCM, G2VP, Galvanize Climate Solutions.
Element has raised $80.0M across 6 funding rounds. Most recently, it raised $30.0M Series B in July 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jul 1, 2021 | $30.0M Series B | Accomplice VC, Anthemis Group, Tom Hulme, Notion Capital, Sapphire Ventures, Nadeem Shaikh, Sean Park | |
| Jun 1, 2020 | $18.0M Series B | Alumni Ventures, Cisco Investments, DCM, G2VP, Galvanize Climate Solutions, Modern Venture Partners, Unusual Ventures | |
| Sep 1, 2019 | $9.0M Series A | Accomplice VC, Anthemis Group, Tom Hulme, Notion Capital, Sapphire Ventures, Nadeem Shaikh, Sean Park | |
| Jan 1, 2018 | $15.0M Series A | Alumni Ventures, Cisco Investments, DCM, G2VP, Modern Venture Partners, Unusual Ventures | |
| Oct 1, 2015 | $3.0M Seed | Alumni Ventures, Cisco Investments, DCM, G2VP, Modern Venture Partners, Unusual Ventures | |
| Jan 1, 2014 | $5.0M Seed |
