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Private company

Empirica Capital

Former American hedge fund

Empirica Capital LLC was a hedge fund founded in 1999 by Nassim Nicholas Taleb in partnership with Mark Spitznagel, that used Taleb's black swan strategy. The firm closed in 2005. The investment strategy of the fund has been explained in a New Yorker article.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

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Empirica Capital LLC was a hedge fund founded in 1999 by Nassim Nicholas Taleb in partnership with Mark Spitznagel, that used Taleb's black swan strategy. The firm closed in 2005.2

The story

Founded by Nassim Nicholas Taleb.1

Leadership

Who has led Empirica Capital, and when. Pick a name to see everywhere that person has worked.

Sources

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