An investment firm focused on situations where structural value in digital infrastructure diverges from market-implied outcomes. We run a concentrated, volatility-aware book in liquid public markets, with explicit exposure limits and drawdown-aware risk management.
We invest in businesses tied to power and compute capacity where long-duration assets, capital structure, and volatility interact. Position sizing reflects liquidity, convexity, and downside sensitivity.
Exposure is managed through a combination of equity positions and derivatives. Options are used to express asymmetric views, manage drawdown risk, and monetize volatility dislocations.
Risk is managed via position limits, scenario analysis, and dynamic hedging; gross and net exposures are monitored continuously.
We invest primarily in liquid public securities; we do not provide personalized advice or manage separate accounts via this website.
Twill Capital is an investment firm focused on digital infrastructure, with a particular emphasis on situations where the underlying value of power and compute assets diverges from what public markets imply. The firm invests exclusively through listed equities and derivatives, using risk-defined positioning and a volatility-aware approach. Twill Capital was founded by Matthew Paul, who serves as Managing Member and Portfolio Manager.
Twill Capital is based in New York. For qualified investor inquiries or general correspondence, please reach us by email.
matthew@twillcapital.com