San Francisco Ethics Commission
25 Van Ness, Suite 220
San Francisco, CA 94102
Phone: (415) 252-3100
Fax: (415) 252-3112
Email: ethics.commission@sfgov.org
Web: www.sfethics.org

San Francisco Ethics Commission Individual Lobbyist Statement

Courtney Fay

7 World Trade Center, 250 Greenwich Street 32nd Floor
New York, NY. 10007

courtney.fay@capstoneco.com

212-232-1473

Lobbyist Firm (If Any): Capstone Investment Advisors, LLC

For the Period 11/01/2025 - 11/30/2025

Summary

Activity Expenses - 0
Political Contributions - 0
Contacts of Public Officials - 1
Payments Promised - 1

Contacts of Public Officials

Date	Client	Public Official	Municipal Decision	Experts
11/19/2025	CAPSTONE INVESTMENT ADVISORS, LLC	Kevin Cao, Retirement System	Description: Hedge Fund Investment Allocation File Number: Outcome Sought: Investments Subject Area: City Employee Benefits	Arie Aboulafia Matthew Tonelli

Payments Promised

Date	Amount	Client
11/19/2025	$$192.30	CAPSTONE INVESTMENT ADVISORS, LLC