FourWorld Capital

What they do

FourWorld Capital Management is a specialized investment advisory firm headquartered in New York with a significant European presence in Munich. Founded in 2015 by John Addis, the firm positions itself as an event-driven investor that seeks to unlock value through complex "special situations" rather than traditional long/short equity picking. They are particularly renowned for strategies involving tax catalysts, dividend arbitrage, and legal disputes (such as squeeze-out proceedings). The firm operates with a lean team of approximately 11-15 professionals and manages capital for sophisticated institutional investors and private funds. They are known for being low-profile but highly active in specific regulatory niches, often engaging in litigation or arbitration to realize fair value in public market takeovers.

What they look for

FourWorld’s core thesis revolves around "Tax, Legal, and Regulatory Catalysts." They identify market inefficiencies created by complex corporate events where legal or tax structures create mispricing. Unlike a standard VC or PE firm that bets on product-market fit, FourWorld bets on the outcome of specific corporate actions, legal rulings, or tax code applications.

Stage

Series B+

Sectors

Healthcare, Mobility and logistics

Based

New York, US