Moveable Alpha

Special Situations Investing

We explore actionable investing ideas that are…

Event Driven

Special Situations Investing centers around event driven change. That is, something in the future that will unlock value within a company.

Uncorrelated to Market

With outcomes tied to a specific event, such as a merger, spin-off, legal outcome, etc., Special Situations Investing is generally uncorrelated with the broader market.

Measurable in Outcomes

With a limited number of outcomes, Special Situations Investing allows for a very narrowly defined thesis. Much more so than say a focus on growth or sentiment investing.

Review an Example Idea

Click below to access select past and present ideas.

All active ideas are published as they develop and available to members.

Eliminating the Clutter

Special Situations Investing benefits from being an uncrowded corner of the Market. But, with roughly 7,500 publicly listed companies in the U.S. and Canada alone, the Market itself has no shortage of noise.


At Moveable Alpha, the aim is to eliminate the noise and focus on situations that offer a better risk adjusted return than the broader market.

Through our Sunday Circular and Active Idea write ups, we provide actionable ideas through data and research.

Sunday Circular

A bi-monthly publication highlighting +100 companies undergoing some sort of catalyst along with updates, important diligence links and a bit of commentary.

Active Ideas

Write ups on those situations we find to be investment worthy. Ideas are split between Core Ideas and Quick Pitches, with outcome tracking provided in a portfolio performance manner.

REVIEWS

  • "Loved this when it was a private circular, one of the best idea tools in my toolbox. Excited to see the expansion to a full platform."

    Travis Y. (Private Investor)

  • "Great research covered by Moveable Alpha. The opportunities presented have acted as ideal additions next to our core focus and it's been like having an outsourced analyst team."

    Spencer H. (PM at Private Family Office)

  • "The team behind Moveable Alpha has a knack for distilling down complex situations into a digestible format. I do not have a professional finance background but the manner in which ideas are presented is as valuable for the learning as they are as investments."

    Miguel R. (Private Investor)

About Moveable Alpha

Moveable Alpha started as a private circular amongst financial industry colleagues to dig into Special Situations Investments. Born out of frustration around not being able to pursue such opportunities in their professional capacities, it ran ad-hoc for several years before being formalized into the Moveable Alpha platform in mid-2024.

Contributors to the ideas presented have a wide array of backgrounds spanning financial roles in private equity, fund management, corporate finance to non-financial ones such as engineering and software development. Research is conducted in an institutional manner and meant to be applicable to professional capital allocators. However, the presentation aims to be approachable and to the point

Our Editor

Kyle Tushaus, managing general partner of New West Capital, acts as the editor of the research content presented here on Moveable Alpha. Prior, he led private market acquisitions for two family offices and held managerial roles at Fortune 100 companies. He graduated from the University of Kansas with Mechanical Engineering and Finance degrees and is currently in Level III of the CFA program.

While not all contributors to Moveable Alpha will hold stakes in ideas that make it to publication, it should be assumed that the Editor does hold a stake in any published ideas whether personally or in funds they control.

If interested in how the contributor portion of Moveable Alpha works, please feel free to reach out at admin@moveablealpha.com.