# Tenere Capital, LLC

> Tenere Capital, LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2021, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated September 25, 2026.

- CRD: 312441
- Filed as: TENERE CAPITAL, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: September 25, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/312441
- AdvisorCensus page: https://advisorcensus.com/firm/tenere-capital-llc-new-york-ny-312441

## Quick answers

**How is Tenere Capital, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Tenere Capital, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

**Where is Tenere Capital, LLC located?**
Tenere Capital, LLC's principal office is in New York, NY, according to its Form ADV.

**Is Tenere Capital, LLC registered with the SEC or a state?**
Tenere Capital, LLC is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 312441.

**How much does Tenere Capital, LLC manage?**
Tenere Capital, LLC reports $241,141,000 in regulatory assets under management in its Form ADV filing dated September 25, 2026 (100% discretionary).

**How have Tenere Capital, LLC's assets and staff changed since 2021?**
In the Form ADV data for Tenere Capital, LLC: Regulatory assets under management: $203,300,000 in the October 2021 data and $241,141,000 in the October 2026 data, up 19%. Total employees: 4 in October 2021 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Tenere Capital, LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (5).

**Does Tenere Capital, LLC report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/312441

**What changed in Tenere Capital, LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $512,370,000 to $241,141,000 (-53%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Regulatory assets under management (Item 5.F)
- Total: $241,141,000
- Discretionary: $241,141,000
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 5 | $241,141,000 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2021 (5 years)
- Employees: 5 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CO
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- tenerecapital.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $203,300,000 | 4 | July 16, 2021 |
| October 2022 | $355,900,000 | 5 | March 31, 2022 |
| October 2023 | $301,923,000 | 5 | September 12, 2023 |
| October 2024 | $553,908,000 | 4 | March 21, 2024 |
| October 2025 | $512,370,000 | 5 | March 18, 2025 |
| October 2026 | $241,141,000 | 5 | September 25, 2026 |

Regulatory assets under management: $203,300,000 in the October 2021 data and $241,141,000 in the October 2026 data, up 19%.
Total employees: 4 in October 2021 and 5 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $512,370,000 to $241,141,000 (-53%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Tenere Capital, LLC (CRD 312441): Form ADV filing data as of October 2026.