Welcome to Tenax Capital

About Us

Tenax Capital is a boutique Asset Manager with offices in London, Milan and Germany. We adopt a highly disciplined investment philosophy underpinned by rigorous fundamental research conducted by experienced and dedicated experts.

Our strategies include Fixed Income, Private Debt, Insurance-Linked Securities (ILS) and Equity.

Massimo Figna founded Tenax in 2005, and in 2020, Portugal's largest insurer, Fidelidade, took a majority stake in the company. Massimo has remained a significant shareholder in the company.

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Our Strategies

Fixed Income

The Tenax Dynamic Income Fund is an open ended, actively managed fund with daily liquidity, investing mainly in global fixed income with minimal equity exposure, focussing on mature markets.

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Private Debt

The Tenax private debt funds provide bespoke and flexible capital solutions to

Northern European and Italian family and owner-managed SMEs. Teams are based in Frankfurt, London and Milan.

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Insurance-Linked Securities (ILS)

Insurance-Linked Securities are an asset class that has demonstrated its diversification from traditional financial markets and the broader economy. ILS can protect investors against inflation and interest rate shocks.

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Equity

The Challenge Financial Equity Fund invests in Global Banks, Insurance, Payments and Fintech companies combining bottom up and top down analysis. The Global UL Equity Strategy invests in companies with a strong global footprint and industry leadership across different sectors

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Contact Us

4 Priory Court, London, EC4V, England

Sede Secondaria di Società Estera, Corso Europa 22, 20122, Milan, Italy

info@tenaxcapital.com

London: +44 020 7003 8700

Milan: +39 02 873678-52