# Ten Coves Capital

Ten Coves Capital is a Private Equity based in Darien, United States.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Darien, United States
- **Region:** North America
- **Address:** Darien, CT, United States
- **Founded:** 2012
- **Assets under management:** Undisclosed
- **Website:** tencoves.com
- **LinkedIn:** https://www.linkedin.com/company/ten-coves-capital

## Regulatory record

- **CRD number:** 311121
- **SEC file number:** 801-119818
- **Registration status:** Registered
- **Reports private funds:** Yes
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/311121

## About

Ten Coves Capital is an SEC-registered investment adviser in DARIEN, CT, registered since 2020. The firm manages approximately $1.0 billion in regulatory assets. It has 11 employees and 9 investment advisers.

## Sectors

- FinTech
- Enterprise Software
- Data & Analytics

## People

- Ned May — Co-Founder & Managing Partner

## Questions

### Which sectors does Ten Coves explicitly avoid?

The firm avoids everything outside financial technology. It does not invest in healthcare, traditional software-as-a-service outside fintech, consumer internet, or hard technology. Even within fintech, the firm gravitates toward B2B infrastructure rather than consumer neobanks or crypto-native platforms, based on the composition of its disclosed portfolio.

## Related profiles

- [Tenco Capital Holdings](https://altss.com/profile/tenco-capital-holdings)
- [Tendence Capital](https://altss.com/profile/tendence-capital)

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Last updated: 2026-06-27T14:15:56.890Z

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