TENOR CAPITAL MANAGEMENT COMPANY, L.P.
TENOR CAPITAL MANAGEMENT COMPANY, L.P. is a other fund in americas, europe and asia writing $15M+ checks into credit, volatility, equity-relative-value, convertible-arbitrage, litigation-finance, special-situations, capital-structure-arbitrage, spac, corporate-restructuring and distressed-debt.
- Stages
- other
- Sectors
- credit, volatility, equity-relative-value, convertible-arbitrage, litigation-finance, special-situations, capital-structure-arbitrage, spac, corporate-restructuring, distressed-debt
- Check size
- $15M+
- Invests in
- americas, europe, asia
- Actively investing
- Yes
- Founded
- 2004
- Assets under management
- $10.17B
Thesis
The firm employs event-driven relative value trading strategies, with a strong focus on convertible arbitrage, litigation finance, and special situations. Their investment thesis centers on generating attractive risk-adjusted returns through intellectual curiosity and a collaborative approach to complex financial scenarios. Key strategies include convertible arbitrage, capital structure arbitrage, and special situation investments, with a dedicated litigation finance arm making significant investments in high-quality cases, averaging over $15 million per investment. They also manage legacy investments in international and commercial arbitrations. Tenor Capital invests across the Americas, Europe, and Asia, utilizing a broad range of instruments including listed and privately placed securities, OTC contracts, bank loans, cash, and derivatives. As of December 31, 2025, the firm managed approximately $10.17 billion in assets under management. The firm operates on a private placement basis, targeting accredited investors and qualified purchasers.
Common questions
Does TENOR CAPITAL MANAGEMENT COMPANY, L.P. invest at the other stage?
Yes. TENOR CAPITAL MANAGEMENT COMPANY, L.P. lists other among the stages it invests in.
What check size does TENOR CAPITAL MANAGEMENT COMPANY, L.P. write?
TENOR CAPITAL MANAGEMENT COMPANY, L.P. writes $15M+ checks.
Where does TENOR CAPITAL MANAGEMENT COMPANY, L.P. invest?
TENOR CAPITAL MANAGEMENT COMPANY, L.P. invests in americas, europe and asia.