Financials Specialist Tenax Launches €200m Credit Vehicle Run By Former BofA Man Guy (EuroHedge)

Date Posted: 01 May 2012

In an article published in its May 2012 edition, EuroHedge reported that Tenax Capital had rolled the Tenax Credit Opportunities Fund, which had "hit the ground running," with commitments from large insurance companies. Michael Guy and his team would look to exploit what he called "the neglected middle ground - the loans of companies that are stressed rather than distressed, decent businesses with decent prospects that the banks have fallen out of love with."