Three Bays Capital

Three Bays Capital LP is a privately owned hedge fund manager based in Boston, Massachusetts, established in 2013. The firm specializes in investment advisory services, offering financial planning, consulting, and investment management to clients across the United States. Three Bays Capital employs a value investing strategy, focusing on identifying undervalued assets to achieve long-term growth for its clients.

Matthew Sidman

Managing Partner and Chief Investment Officer

1 past transactions

Ascend Wellness Holdings

Venture Round in 2019
Ascend Wellness Holdings, LLC, established in 2018, is a vertically integrated multi-state operator in the cannabis industry. Based in Waltham, Massachusetts, the company specializes in the cultivation, production, and distribution of cannabis products, including flowers, strains, concentrates, and vapes. Ascend operates in five states: Illinois, Michigan, Massachusetts, New Jersey, and Ohio, with a focus on limited license markets east of the Rockies. The company sells its products through both company-owned and third-party licensed retail stores, generating the majority of its revenue from this segment. Ascend's commitment lies in breaking down traditional barriers in the cannabis marketplace and redefining the industry.
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