Tenor Capital Management Company, L.P.

Overview

Tenor Capital Management Company, L.P. is a New York-based hedge fund specializing in event-driven and distressed investing strategies. The firm focuses on credit, volatility, and equity relative value, employing strategies such as convertible arbitrage, capital structure arbitrage, volatility and credit relative value, and special situation investments. Tenor Capital primarily invests in securities issued by entities across the Americas, Europe, and Asia, including listed securities, privately placed securities, over-the-counter contracts, bank loans, cash, and derivative securities. The firm's investment vehicles are structured as Delaware limited partnerships, Cayman Island corporations, or Cayman Island limited partnerships, and it manages client-focused equity and fixed income portfolios. As of December 31, 2018, Tenor Capital managed approximately $3.04 billion in regulatory assets under management on a discretionary basis. The firm's principal owner is Robin R. Shah, who controls Tenor Capital through his role as Managing Member of Tenor Management GP, LLC, the general partner of Tenor Capital. Tenor Capital has been registered with the SEC since August 2010 and also provides management and administrative services to its investment funds. The firm's investment philosophy centers on identifying and capitalizing on market inefficiencies through its event-driven and distressed investing strategies, aiming to generate exceptional returns for its investors. Tenor Capital's team comprises professionals with diverse backgrounds in finance, including experience in high-yield and convertible bonds, distressed debt, equities, and investment banking. The firm's leadership includes individuals such as Narayan Hegde, a senior research analyst on the convertible arbitrage investment team, and Amarish Mehta, a senior research analyst specializing in convertible arbitrage. Tenor Capital's commitment to innovation and excellence in the financial sector is reflected in its dynamic investment strategies and the expertise of its team members.

Investment Focus

• Accredited investors
• Investment horizon: 3-5 years
• High-risk tolerance
• Interest in event-driven and distressed investing strategies

Portfolio Companies