Professional
Added to YB: 2025-09-10
Pitch date: 2025-09-08
TFG.AS [bullish]
Tetragon Financial Group Limited
+7.3%
current return
Author Info
Idea Brunch is an interview series where great off-the-beaten-path investors share their best ideas and insights about their research process. Yellowbrick users get a 20% discount for life
Company Info
Tetragon Financial Group Limited is a close ended feeder fund launched and managed by Tetragon Financial Management LP.
Market Cap
$1.6B
Pitch Price
$17.80
Price Target
53.40 (+180%)
Dividend
2.29%
EV/EBITDA
N/A
P/E
2.51
EV/Sales
1.97
Sector
Capital Markets
Category
value
Idea Brunch with Anthony Fruci of Halvio Capital - Tetragon Financial
TFG.AS: Closed-end fund at 50% NAV discount w/ stakes in asset managers + Ripple Labs (2nd largest holding). Sold partial Equitix stake for $256M, kept 67%. Management owns 40% (up from 11% at IPO), positioned to create $1B+ value via asset sales & tender offers. Ripple IPO exposure potential. 60-200% upside range.
Read full article (2 min)