Hedge Fund - Tensile Capital

Tensile Capital Management, founded in 2012 by Arthur Young, Douglas Dossey, and Daniel Katsikas, is a hedge fund manager based in California. The firm employs an opportunistic value investing strategy, leveraging a rigorous, fundamentals-based, research-driven investment process. Tensile Capital actively collaborates with management teams and boards of directors to create shareholder value.

Douglas Dossey, a Managing Partner and co-founder of Tensile, leads the firm's private equity activities. He focuses on sourcing, researching, and executing both public and private investments. Before co-founding Tensile, Doug was a Managing Partner, member of the Investment and Management Committees, and the Head of Private Equity at Blum Capital. Previously, he was a Managing Director and Co-Owner of FdG Associates and an investment banking Analyst and Associate at Merrill Lynch & Co. Doug has served on 31 boards of directors, including 14 as Chairman. He holds a BS in Accountancy with High Honors from the University of Illinois at Urbana-Champaign and passed the CPA examination in 1995.

Arthur Young is the Portfolio Manager and a Managing Partner at Tensile Capital Management, a firm he co-founded in 2012. He oversees the public equity investing process, focusing on sourcing, researching, and executing public investments. Before founding Tensile, Arthur was a Managing Partner at Blum Capital, where he served on the Investment and Management Committees and was the Head of Public Equity. He also served on the board of JDA Software Inc. until its sale to RedPrairie. Arthur began his investment career at Fir Tree Partners and later became an investment partner at Blavin & Company. Prior to his investment roles, he worked as a management consultant at McKinsey & Company and practiced commercial and securities litigation at Greenberg Traurig, LLP. He holds a BA in Economics with Honors from Johns Hopkins University and a JD from the Boalt Hall School of Law at the University of California, Berkeley.

Tensile Capital Management is a hedge fund managing discretionary assets totaling $1,908,965,335 for its 6 clients, according to their Form ADV filing from May 2024. Their Q1 2024 13F filing reported $913,709,340 in managed 13F securities, with a top 10 holdings concentration of 81.37%. The firm's largest holding is Vertex, Inc., with 4,760,550 shares.