Ten Coves Capital provides investment advice to private investment funds, focusing on long-term capital appreciation through investments in business-to-business software companies within the financial technology sector. Ten Coves Capital manages client assets on a discretionary basis. The firm's investment strategy involves making minority growth equity investments, seeking board representation, and establishing shared control with management and co-investors.
Fee Structure
Ten Coves Capital manages investments for private funds and receives a management fee as compensation. The specific fee arrangements may vary between funds and can be negotiable. The firm may also receive fees for consulting and other services provided to portfolio companies, which may offset the management fees charged to the funds. Ten Coves Capital is generally not entitled to receive any management fee with respect to single purpose vehicles.