Kate Capital

We are a discretionary global macro investment firm focused on the world's biggest and most liquid markets.

Our investment process relies on fundamental research which leverages both quantitative and qualitative insight and rigorous risk management.

Discover Our Approach

Latest articles

Learning from War

Not investment advice.

Productivity Shifts > Regional Wars

Not investment advice.

Our team

We are a team of experienced hedge fund professionals who come from all aspects of the alternative investment management business. Our team has a wide variety of professional and cultural backgrounds with experience spanning finance, economics, technology, research, and global affairs. Our diversity of perspectives is key to how we think and make decisions.

Meet Our Team

Our values

Clarity

Markets generate vast amounts of information, much of it distracting. We focus on identifying what truly matters and filtering out what does not, allowing for clear and considered decisions.

Independent Thinking

We value original thought and challenge consensus views. Independence of mind is essential to navigating complex markets and avoiding the pitfalls of herd behavior.

Discipline in Decision-Making

Every investment decision is guided by a structured process. Discipline helps us manage risk, remain consistent through cycles, and act with intention.

Curiosity and Perspective

Understanding global markets requires curiosity about how the world works. We continuously seek broader context — across economics, policy, and human behavior — to inform our perspective.

Long-Term Alignment

Great partnerships are built over time, based on trust. Our clients' interests are our first and only priority.

Clarity

Markets generate vast amounts of information, much of it distracting. We focus on identifying what truly matters and filtering out what does not, allowing for clear and considered decisions.

Independent Thinking

We value original thought and challenge consensus views. Independence of mind is essential to navigating complex markets and avoiding the pitfalls of herd behavior.

Discipline in Decision-Making

Every investment decision is guided by a structured process. Discipline helps us manage risk, remain consistent through cycles, and act with intention.

Curiosity and Perspective

Understanding global markets requires curiosity about how the world works. We continuously seek broader context — across economics, policy, and human behavior — to inform our perspective.

Long-Term Alignment

Great partnerships are built over time, based on trust. Our clients' interests are our first and only priority.

Articles

Article Archive

Market Commentary

|

Paul Podolsky

Learning from War

Not investment advice.

Market Commentary

|

Paul Podolsky

Productivity Shifts > Regional Wars

Not investment advice.

Market Commentary

|

Paul Podolsky

Tightening

The story shifts

About the founder

Paul Podolsky founded Kate Capital in 2024. He spent 16 years as a senior member of the Bridgewater Associates research team. Prior to Bridgewater, Paul was a senior currency strategist at BankBoston, and was a journalist in Moscow after the fall of the Soviet Union.

More About Paul
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