We focus on emerging markets
We aim to offer our clients the best risk-reward opportunities.
Our investment philosophy is value-based and fundamentally driven, with a strong emphasis on macro analysis and portfolio construction. We rely on a rigorous and repeatable investment process seeking superior risk-adjusted returns across geographies and asset classes.
Emerging markets encompass a highly diverse set of realities, which over time has led to a wide range of investment outcomes. Our distinctive approach lies in identifying opportunities with an asymmetric distribution of potential returns.
Our team boasts an unparalleled combination of market expertise and policy experience in the emerging markets landscape, hard to find in another team investing in this space. And this is one of the essences of Tenac’s strength.
Emerging markets encompass a highly diverse set of realities, which over time has led to a wide range of investment outcomes. Our distinctive approach lies in identifying opportunities with an asymmetric distribution of potential returns.
Our team boasts an unparalleled combination of market expertise and policy experience in the emerging markets landscape, hard to find in another team investing in this space. And this is one of the essences of Tenac’s strength.
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Institutional presentation
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Lastest monthly letter
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Factsheet
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Annual Letter 2023
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Annual Letter 2022
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Awards
Performance Awards & Third-party rating Disclosure
Rankings and awards displayed, including those for the Tenac Global Fund LP ("the Fund"), were issued by a third party based on the Fund’s Net Return and Compound Annual Return for the specific calendar years and rolling three-year periods indicated. Tenac Asset Management, LLC (“TAM”) did not provide any cash or non-cash compensation, directly or indirectly, to BarclayHedge in exchange for being considered for these rankings or for the issuance of these awards. These rankings are based on a universe of funds that voluntarily report data to BarclayHedge consequently, the results may be subject to survivor bias, as the database may exclude funds that have ceased operations or stopped reporting. These rankings represent the subjective opinion of the producer other, ranking organizations may utilize different methodologies and reach different conclusions regarding the Fund’s performance. Past performance is not indicative of future results, and these awards should not be construed as an endorsement of TAM by any client, nor are they representative of any one client’s experience. Investment in the Fund involves a high degree of risk, including the potential for the total loss of principal, and is subject to the volatility inherent in emerging markets fixed-income strategies. All performance figures reported for these awards are "net of fees".
DISCLAIMER
Important Disclosures
Tenac Asset Management LLC (“Tenac”) is an investment adviser registered with the U.S. Securities and Exchange Commission (“SEC”) and a member of the National Futures Association (“NFA”) as a Commodity Pool Operator (“CPO”). Registration does not imply a certain level of skill or training.
The information contained on this website is provided for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities or interests in any fund, including the Tenac Global Fund (the “Fund”), in any jurisdiction where such offer or solicitation would be unlawful.
Any such offer may only be made by means of the Fund’s confidential private placement memorandum (“PPM”), subscription documents, and governing agreements, which contain important information regarding investment objectives, risks, fees, and expenses.
For Qualified Investors Only
The Fund is offered only to investors who meet the applicable suitability requirements, including but not limited to “accredited investors” under Regulation D of the U.S. Securities Act of 1933 and, where applicable, “qualified purchasers” under the Investment Company Act of 1940.
This website is not intended for retail investors.
Risk Disclosure
Investing in private funds involves substantial risk, including the possible loss of all or a substantial portion of capital. The Fund may engage in trading strategies involving derivatives, leverage, short selling, and investments in emerging markets, which may increase volatility and risk.
Past performance is not necessarily indicative of future results. There can be no assurance that the Fund’s investment objectives will be achieved.
Performance Information
Any performance information presented on this website is unaudited unless otherwise stated and is subject to revision. Returns may be net or gross of fees; additional information is available upon request.
Performance data reflects the reinvestment of earnings where applicable. Individual investor results may vary.
Forward-Looking Statements
Certain information contained herein may constitute forward-looking statements. These statements are based on current expectations and assumptions and involve known and unknown risks and uncertainties. Actual results may differ materially.
No Reliance
The information on this website should not be relied upon as investment, legal, tax, or accounting advice. Prospective investors should consult their own advisers before making any investment decision.
Confidentiality
The content of this website may not be reproduced, distributed, or transmitted without the prior written consent of Tenac.