THIRD SPACE CAPITAL MANAGEMENT LP

Thesis

Third Space Capital Management LP is a private equity firm founded in 2024, headquartered in New York, NY. The firm specializes in investing in founder-led businesses within live event services and other experience-focused sectors. Their investment strategy revolves around providing flexible, long-term capital and fostering close collaboration with management teams to enhance operations and achieve sustainable growth. Third Space Capital aims to act as a true partner to operators, aligning interests, preserving company culture, and building enduring businesses. Their investment thesis centers on partnering with founder-led companies that create memorable experiences and connect communities. While not explicitly detailing stage preferences, their recent investments suggest a focus on established businesses rather than early-stage ventures. The firm is described as a PE/Buyout investor actively seeking new investment opportunities. As of April 23, 2026, they reported one private fund with a total gross asset value of $50.02 million. Specific deal sizes are not publicly disclosed, but investments in Premier Global Production Company and Five Points Production indicate a focus on significant transactions within their target industries.