Tegeta Capital, LLC

Tegesta Capital provides discretionary investment supervisory and portfolio management services primarily to individual and high‑net‑worth clients and also accepts corporate or business clients, trusts, pension plans, pooled vehicles and relationships as a sub‑advisor to other registered advisers and private funds. The firm offers direct portfolio management and sub‑advisory services, including management of assets on a discretionary basis and the ability for clients to impose investment restrictions.

The firm describes a “go‑anywhere” equity approach that mixes high‑quality holdings, special situations and broad or concentrated exposures, and it applies a risk‑aware fixed‑income process favoring short‑to‑intermediate duration. Its disclosures also note use of leveraged instruments such as options and warrants and an affiliation with long/short private funds, indicating the firm may employ derivatives and leverage in some managed accounts and fund strategies.

Compared with many independent solo advisers, Tegesta accepts performance‑based and incentive fees through its sub‑advisory and private‑fund relationships and the firm’s principal manages affiliated investment partnerships, a conflict the brochure discloses and explains. The brochure also discloses the firm’s prior state regulatory consent related to fee‑calculation disclosure and describes that a material portion of the principal’s income is derived from these other investment activities.