Tetragon Financial Group (AMS: TFG)

Currency in USD

Last close As at 25/03/2023


0.00 (0.00%)

Market capitalisation


Tetragon Financial Group’s objective is to generate distributable income and capital appreciation, aiming to provide stable returns to investors across various credit, equity, interest rate, inflation and real estate cycles. Tetragon’s investment portfolio comprises a broad range of assets, including public and private equities and credit, real estate, venture capital, infrastructure, bank loans and a diversified alternative asset management business.

Equity Analyst

Milosz Papst

Milosz Papst

Director, Financials

Key Management

  • David O’Leary

    Independent Directors

  • Deron Haley

    Independent Directors

  • Paddy Dear

    Co-Founder and Director

  • Reade Griffith

    Co-Founder, Director & Head of Inv. Committee

  • Stephen Prince

    Head of TFG Asset Management

  • Steven Hart

    Independent Directors

Share Price Performance

Price Performance
% 1M 3M 12M
Actual 6.6 7.7 18.8
Relative 15.2 6.6 19.4
52 week high/low US$10.4/US$8.8


Tetragon Financial Group’s (Tetragon’s) NAV declined 1.0% in Q322 and 4.5% in 9M22 in total return terms (compared to declines of 6.5% and 26.4% in the MSCI ACWI, respectively). The best performing asset classes in Q322 were TFG Asset Management (driven by BentallGreenOak’s revaluation) and private equity (especially funds managed by Hawke’s Point). Meanwhile, the other equities and credit asset class (consisting predominantly of listed equity) remains a negative contributor. Tetragon continues its distributions to shareholders, with US$30m ytd in quarterly dividends (declared Q422 DPS stable quarter-on-quarter, implying a 4.6% yield) and US$42m in share repurchases (with a further tender offer of up to US$25m to be conducted in Q422).

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