Third State is a family office established in 2024 by Tanmoy Chowdhury. We focus on global macro strategies, venture building, and long-term investments across multiple asset classes. Our approach combines rigorous research, disciplined execution, and a forward-looking perspective to generate sustainable, risk-adjusted returns. Unlike traditional family offices that prioritize wealth preservation, Third State was built to thrive in high-risk, high-volatility environments.
Founder
Tanmoy Chowdhury is the founder of Third State. He studied Computer Science and Engineering at Seoul National University and has been active in the crypto and investment space since 2017. With a strong background in technology and finance, he brings a multidisciplinary perspective to investment and venture creation.
Tanmoy speaks seven languages, enabling him to navigate global markets with cultural and strategic insight. His professional focus is on identifying opportunities at the intersection of technology, innovation, and disciplined capital allocation.
A Different Kind of Family Office
Third State is not open to public investors. We do not manage external capital, nor do we solicit outside funds. Our focus is exclusively on managing and deploying our own resources — allowing us the independence, agility, and conviction to pursue high-risk, high-reward opportunities on our own terms.
At the same time, we collaborate selectively with institutions, entrepreneurs, and partners who align with our philosophy. From day traders to institutional strategists, we engage with a diverse spectrum of market participants — always with the goal of learning, innovating, and building.
Structure
Third State operates through three primary divisions:
Third State Capital – Investment division managing capital across public and private markets with a focus on global macro strategies.
Third State Labs – Research and innovation platform exploring emerging technologies and new market opportunities.
Third State Ventures – Venture building arm focused on launching, scaling, and supporting startups.
Mission & Vision
Our mission is to generate superior long-term value by applying rigorous analysis, global perspective, and innovation-driven strategies. By actively positioning across asset classes, geographies, and time horizons, we seek to capture asymmetric opportunities while managing downside risk with institutional precision.
Our vision is to position Third State as a trusted, forward-thinking family office, committed to building enduring enterprises and fostering sustainable growth across industries and geographies.
Contact
To explore partnership opportunities or learn more about our work, please contact us.