The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
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Griffith: Tetragon's Portfolio Cannot Be Replicated via Direct Fund Investments
“There are things that we do with our capital on our balance sheet, which isn't replicable, whether it's investments that we just make in public markets or private markets and hold on our balance sheet, maybe We've invested some money with a strategy we think i…”
Griffith: Tetragon manages $35B in client capital and $2.5B–$3B proprietary capital
“What Tetragon has under its asset management business, TFG asset management is what we call it, is we run about 35 billion of capital for our partner investors. We have two and a half, three billion of our own capital at the core”
Griffith: Tetragon delivered roughly 12% net NAV compounding over 15 public years
“We have compounded the NAV of the firm in a very consistent way over the 15 years we've been public with very low volatility. Now, our goal was to do 10 to 15% net after our fees to investors. I think we've done about 12, and the volatility has been quite low”