Dombey Capital provides independent equity research for institutional investors, family offices and sophisticated allocators. We focus on special situations and structural dislocations across global equities, seeking opportunities with asymmetric risk-reward profiles.
Our work combines fundamental analysis, forensic analysis and artificial intelligence with a disciplined view of value and an explicit awareness of risk. We bring an independent perspective to businesses and markets undergoing significant change, where conventional interpretations may be incomplete.
Our publications and analytical tools give clients the context to assess an opportunity themselves. The research is meant to support each reader's own judgement and due diligence, not replace it.
Our philosophy
The Dombey Capital mandate.
Fundamental conviction
Our work is grounded in fundamental analysis, a disciplined view of value and an explicit awareness of risk.
Independent judgement
We bring an independent perspective to businesses and markets undergoing significant change, where conventional interpretations may be incomplete.
Risk discipline
Attention to uncertainty and the possibility of loss. Our research is intended to complement the judgement and due diligence of each recipient.
Fundamental conviction
Independent judgement
Risk discipline
Fundamental conviction
Our work is grounded in fundamental analysis, a disciplined view of value and an explicit awareness of risk.
Scroll to explore the principles
Fundamental conviction
We assess a business through its underlying economics, competitive position and the changes that may affect its value. Our research explains the investment case and its supporting assumptions, giving readers a clearer basis for their own assessment.
Independent judgement
We form our own view of businesses and markets undergoing change, where conventional interpretations may be incomplete. Conclusions are grounded in considered analysis, with the reasoning made clear so readers can evaluate the case alongside their own due diligence.
Risk discipline
We consider uncertainty and the possibility of permanent capital loss alongside the investment opportunity. Our research gives attention to what could undermine the case, helping readers weigh potential outcomes in the context of their own judgement and risk tolerance.
Independent analysis and timely coverage of special situations, delivered through an established publication schedule.
01Founding Membership
The Phoenix Report
The firm's flagship weekly publication, offering in-depth research on selected special situations and earnings-related opportunities. It brings together the investment perspective, supporting analysis and practical decision context in a format designed for institutional review.
Weekly publication
02Founding Membership
Daily Phoenix Screener
A daily research resource within the DombeyAI Portal, providing timely visibility into situations relevant to the firm's coverage. It supports ongoing market awareness between scheduled publications.
Each trading morning
03Standard + Founding
Biweekly Catalyst Briefing
A concise briefing on forthcoming corporate and market events relevant to special situations. It provides a consolidated reference for clients following developments across the firm's research coverage.
Biweekly publication
04Founding Membership
Options Research
A research report on event-driven options opportunities, bringing derivatives-market context to the firm's broader research. Coverage is presented with relevant risk considerations and practical context for experienced market participants.
Weekly research report
05Founding Membership
Earnings Conviction Model
A proprietary analytical resource for earnings-related research, available within the DombeyAI Portal. It provides additional perspective for members reviewing relevant opportunities and complements the firm's published analysis.
Proprietary model
06Founding Membership
DombeyAI Portal
The member environment for Dombey Capital's proprietary analytical resources, research tools and historical record. Founding Membership includes the resources available within the portal and subsequent model additions at no incremental cost.
Member environment
The member environment
Your research. In context.
Proprietary resources, research tools and the historical record, together in the DombeyAI Portal.
Fundamental judgement, relevance and accountability guide the work of our research team.
James Whitfield
Head of Equity Research
Event-Driven & Special Situations
Paul Stenning
Director of Valuation & Capital Structure
Valuation & Capital Structure
Tom Radcliffe
Senior Research Analyst, Derivatives & Volatility
Derivatives & Volatility
Claire Beaumont
Research Analyst, Special Situations
Equity Research — Special Situations
Daniel Reeve
Research Associate, Catalysts
Equity Research — Catalysts
Nina Castellanos
Research Associate, Small & Mid Cap
Equity Research — Small & Mid Cap
06 / Research access
Choose your perspective.
From public research to the complete institutional suite. Access designed around the depth of your enquiry.
Begin with the research
Public Archive
Complimentary
A starting point for exploring our independent perspective on global equities through published executive theses and publicly available research.
Published executive theses
Explore the investment perspective behind selected special situations and structural dislocations, with an introduction to the firm's fundamental view of businesses and markets undergoing change.
Public research
Read the firm's publicly available analysis to become familiar with our approach to value, independent judgement and risk. This is a starting point for your own research and due diligence.
Access that does not expire
Return to published public research at your own pace. Complimentary access provides an ongoing way to explore our work and consider the reasoning behind our research.
Ongoing catalyst coverage and the complete public-research archive, for readers who want to follow forthcoming events and revisit the firm's published thinking.
Biweekly Catalyst Briefing
A concise briefing on forthcoming corporate and market events relevant to special situations. It brings developments across the firm's research coverage into a consolidated reference, helping you maintain context as situations evolve.
Complete public-research archive
Revisit the complete collection of published public research and the reasoning behind earlier investment cases. Theses are independently priced and permanently archived, keeping the original case available for examination alongside the evidence that follows.
Institutional access to the complete research suite, proprietary models and execution strategy.
The complete publication suite
The weekly Phoenix Report and its back catalogue provide in-depth special-situations and earnings research. Weekly Options Research adds derivatives-market context and risk considerations, alongside the Biweekly Catalyst Briefing.
Proprietary tools in DombeyAI
Access the Daily Phoenix Screener each trading morning, the Earnings Conviction Model, research tools and the historical record in the DombeyAI Portal. Subsequent portal model additions are included at no incremental cost.
Analysis, execution and priority access
Valuation and competitive-landscape analysis provide supporting context for the investment case. Detailed execution guidance and priority access ahead of broader publication complete the institutional research offering.
Displayed research access: Standard $8 / month or $80 / year; Founding $1,200 / year. Confirm the billing schedule, applicable taxes and final terms at checkout.
Compare research access +
Research included in each access tier
Research & resources
Public Archive
Standard Access
Founding Membership
Published public research
Included
Included
Included
Complete public-research archive
Not included
Included
Included
Biweekly Catalyst Briefing
Not included
Included
Included
The Phoenix Report + back catalogue
Not included
Not included
Included
Daily Phoenix Screener
Not included
Not included
Included
Options Research
Not included
Not included
Included
Earnings Conviction Model
Not included
Not included
Included
DombeyAI Portal
Not included
Not included
Included
Detailed execution strategy
Not included
Not included
Included
Founding Membership also includes valuation and competitive-landscape analysis, execution guidance and priority access ahead of broader publication. Founding terms are held for the life of the membership.
The Phoenix Report and Options Research each week, the Biweekly Catalyst Briefing, and public articles on selected companies. Founding Members also get the Daily Phoenix Screener and the Earnings Conviction Model in the DombeyAI Portal.
How much does access cost?
The public archive and articles are free. Standard Access is listed at $6.67 a month and adds the Catalyst Briefing and the complete archive. Founding Membership is $1,200 a year and includes every publication and the portal. Confirm the final terms at checkout.
When is a thesis published?
Before the catalyst it depends on, such as an earnings date, a court ruling or a deal closing. Each issue is dated and stays in the archive afterwards, so the original case can be checked against what happened.
Is Dombey Capital an investment adviser?
No. Dombey Capital publishes research and education. It is not a registered investment adviser, and nothing it publishes is personal investment advice or an offer to buy or sell a security.
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