At Stenham, we are dedicated to pursuing excellence and delivering the best outcomes for our clients. We aim to leverage our unique skill set and deep industry networks to deliver results that will stand the test of time. Our mission is to be your Trusted Partner.
What We Do
How we can add value
Alternative Thinking
We offer differentiated, uncorrelated solutions ranging from capital preservation and specialist growth strategies to private co-investments
Specialist Knowledge
We are long-term investors in hedge funds, credit and direct equity strategies with relationships that provide deep market intelligence
Risk-Adjusted Returns
We have a consistent track record of delivering outperformance through diversification and downside protection
Manager Access
We can tap into our global network of top-tier managers, many of whom are closed to other investors
Flexibility
We are client led, providing our solutions via commingled funds and bespoke accounts, or investors' preferred structures
Continuous Innovation
We seek out new opportunities in response to market conditions and our investors' needs
Case studies
Family Office
Region: Australia
Having exited their real estate holdings, the family sought to diversify their investments across a number of different asset classes. This was achieved using local and international managers under an endowment-style model with a strong focus on alternatives.
Seeking diversification, the client identified that global macro can be a valuable component of any broad asset allocation framework. They invested in our flagship specialist fund, Stenham Trading, to achieve USD cash + 3-5% in returns with close to zero beta to equities and bonds.
The Solution
Structure
Commingled fund
Mandate
Global macro focus
Inception
February 2019
Family Office
Region: Europe
Preserving and growing wealth is the investors’ objective, while protecting from market volatility and economic downturns. The portfolio is diversified across asset classes, sectors and geographies via direct equity, hedge funds, private equity and co-investments.
The Solution
Structure
Segregated account
Mandate
Multi-asset, multi-strategy
Inception
August 2000
Pension Fund
Region: Europe
Through a leading consultant, we secured the mandate to transition their existing hedge funds portfolio from an incumbent manager. This high-conviction portfolio comprises blue-chip managers with the goal to achieve returns of USD cash + 5% with minimal beta to traditional assets.
The Solution
Structure
Fund of one (client’s)
Mandate
Multi-strategy, preferential access
Inception
October 2012
Sovereign Wealth Fund
Region: Asia Pacific
We built an absolute return multi-manager hedge fund solution comprising specialist managers across the commodities complex. From a broader peer group of ~75 managers, we handpicked 6 to 8 best-in-class metals, oil and gas traders with a combination of discretionary and systematic approaches.
The Solution
Structure
Fund of one
Mandate
Commodities
Inception
November 2021
Asset Manager
Region: Latin America
Investing in Asian equities via a basket of 6-8 equity long/short specialists from different regions, incl. China, Greater China, India and Japan. The goal is to generate alpha over Asian equity indices. These managers can vary their net exposures and also generate returns in bear markets.
The Solution
Structure
Whitel label fund
Mandate
Asia focused
Inception
October 2020
Endowment/Foundation
Region: North America
Bespoke solution focused on thematic discretionary macro managers with smaller allocations to commodity and quantitative market neutral strategies. We worked with the client to build up a macro sleeve within their broader asset allocation framework.
The Solution
Structure
White label fund
Mandate
Global macro focus
Inception
January 2024
Our story
Stenham has been providing discretionary investment management services to a sophisticated and varied client base for over 35 years.
We manage assets on behalf of pension funds, sovereign wealth funds, endowments,
asset managers, charities, family offices and high net worth individuals seeking consistent
investment performance.
With an experienced and stable team of key decision-makers supporting the business,
the core members of which have been together since 2013, we are committed to our strategic
approach and actively invest in our range of products.
Industry Recognition
36 awards spanning 36 years
Accolade
Provider
Fund/Entity
Year
Shortlisted: Best FoHF
With Intelligence EuroHedge Awards
Stenham Targeted Skills II
2025
Shortlisted: Best Specialist FoHF
HFM European Performance Awards
Stenham Trading
2024
Shortlisted: Best Specialist FoHF & Best FoHF
HFM European Performance Awards
Stenham Trading
2022
Lifetime Achievement (FoHF)
Hedge Funds Review
Kevin Arenson, CIO
2020
Best Niche FoHF
Hedge Funds Review
Stenham Cooper’s Hawk
2020
Top Performer by Allocator
Investors Choice Awards
Stenham Equity UCITS
2020
Best Specialist FoHF (20 yrs)
Hedge Funds Review
Stenham Trading
2020
FoHF Management Firm of the Year
HFM European Performance Awards
Stenham Asset Management
2018
Accolade
Provider
Fund/Entity
Year
Best <$100m Specialist FoHF (5 yrs)
Hedge Funds Review
Stenham Healthcare
2018
Best Global Macro FoHF
Hedge Funds Review
Stenham Trading
2018
Best Fixed Income FoHF
Hedge Funds Review
Stenham Credit Opportunities
2017
Credit FoHF Longer Term (3 yrs)
Alt Credit Intelligence
Stenham Credit Opportunities
2017
Multi-Manager Fund - Long Term Performance
Investors Choice Awards
Stenham Healthcare
2016
Best FoHF of the Year
HFM European Performance Awards
Stenham Healthcare
2015
Best UK Performing FoHF
Wealth & Finance International
Stenham Credit Opportunities
2014
Best Sub-$100m FoHF
HFM European Performance Awards
Stenham Healthcare
2014
Accolade
Provider
Fund/Entity
Year
Best Investor Relations Team
Hedge Funds Review
Stenham Asset Management
2013
Best Institutional HF Management
Financial News
Stenham Asset Management
2012
10 Year Performance ($500m-1bn)
InvestHedge
Stenham Trading
2011
Best HNW/Private Client FoHF Provider
Hedge Funds Review
Stenham Asset Management
2010
Best Specialist FoHF (10 yrs)
HFM European Performance Awards
Stenham Trading
2010
10 Year Performance ($500m-1bn)
InvestHedge
Stenham Trading
2010
Best FoHF (3 yrs)
Lipper Hedge Funds Awards (Offshore)
Stenham Trading
2010
Best Overall Group
Hedge Funds Review
Stenham Asset Management
2009
Accolade
Provider
Fund/Entity
Year
Alternatives Investment Manager of the Year
European Pensions Awards
Stenham Asset Management
2009
Alternatives Investment Manager of the Year
Global Investor
Stenham Asset Management
2009
Best Specialist FoHF (10 yrs)
HFM European Performance Awards
Stenham Trading
2009
Best Performance European FoHF Provider
Hedge Funds Review
Stenham Asset Management
2008
Asset Management Firm of the Year for UHNWI
Spear's Wealth Management
Stenham Asset Management
2008
Best Long-term Achievement (10 yrs)
Hedge Funds Review
Stenham Universal
2008
Best Long-Term Absolute Returns
Private Asset Managers (PAM)
Stenham Universal
2008
Best Long-term Achievement (10 yrs)
Hedge Funds Review
Stenham Universal
2007
Accolade
Provider
Fund/Entity
Year
Best Long-Term Absolute Returns
Private Asset Managers (PAM)
Stenham Universal
2007
Investment Excellence in Hedge Funds
Global Investor
Stenham Asset Management
2006
Best Long-term Achievement (10 yrs)
Hedge Funds Review
Stenham Universal
2006
Best Performance European FoHF Provider
Hedge Funds Review
Stenham Asset Management
2005
Best Long-term Achievement (10 yrs)
Hedge Funds Review
Stenham Universal
2005
Best Specialist FoHF (3 yrs)
HFM European Performance Awards
Stenham Trading
2004
Best Specialist FoHF (3 yrs)
HFM European Performance Awards
Stenham Trading
2002
No awards or testimonials are given by current or previous clients. Compensation may be provided in the format of paid attendance at award ceremonies. Stenham does not believe that any such compensation has an impact on the decision-making capacity of the adjudicators, nor that any potential conflict of interest will arise from their relationships with Stenham.
Our history
1970
Established as a multi-family office providing wealth management, fiduciary and corporate finance/private equity services
1988
Evolved into an alternative investment manager specialising in bespoke, discretionary managed portfolios
1992
Launched flagship multi-strategy fund Stenham Universal
1993
Launched first specialist fund Stenham Trading, investing in global macro strategies
2000
Launched second specialist fund Stenham Growth, investing in equity long/short strategies
2008
Peregrine Holdings acquired a majority stake, subsequently increasing to 100%. Successfully managed funds through global financial crisis without having to gate or suspend redemptions
2012
Launched first global equity long-only fund Stenham Equity, and UCITS equivalent shortly after
2013
Expanded niche strategies with Stenham Healthcare
2016
Expansion into private credit following 20+ years of experience investing in off-the-run credit managers
2019
Formalised ESG approach to investing by becoming a PRI signatory
2020
Management completed deal to buy back 100% ownership of the company
2022
Exploration into Energy Transition theme. Closed first renewable co-investment deal in solar energy. Launched specialist fund Stenham Commodities, focused on managers trading commodity futures
2024
Launched Stenham Tail Risk Solutions, investing in long volatility and short credit strategies, and Stenham Credit Income Fund, investing primarily in funds that provide direct lending to corporates
