The services and investment funds referenced in this website should not be regarded as an offer of solicitation for such services or investment funds in any jurisdiction where such activity is unlawful. This website is not directed at you, if we are prohibited by any law of any jurisdiction from making the information on this site available to you and is not intended for any use which would be contrary to local law or regulation.

The promotion of these Funds is restricted to clients who are experienced investors (Professional clients or Eligible counterparties as defined by the FCA) in these types of funds. This website and its contents are not intended to sell services or products over the internet, rather for internet viewer convenience and informational purposes. Subscriptions will only be received and shares issued on the basis of the current prospectus or Scheme Particulars for the fund. Every effort has been made to ensure the accuracy of the financial information herein but it is based on unaudited figures.

Past performance is not a guarantee of future performance. It should be remembered that the value of investments may fall as well as rise, investors may not get back the amount of money invested, currency movements may have a negative as well as positive influence on returns and past performance is not necessarily an indicator of future performance. Any investment decision should be made solely on the basis of the information and risk warnings contained within the information memorandum and/or prospectus issued by or on behalf of the fund or company concerned.

The Tendercapital Ltd funds are not available for purchase by US persons. Shares in the funds described on this website are not available for sale in any jurisdiction in which sale would be prohibited. Nothing in this website constitutes investment, legal, tax or other advice nor is it to be relied upon in making an investment decision. Please note that authorization by the FCA does not imply official approval or recommendation.

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Tendercapital Ltd is authorized and regulated by the Financial Conduct Authority.


Tendercapital Real Assets Fund

Closed-ended Fund with investments primarily in “real assets”: sustainable energy, infrastructure, and real estate investments connected to these sectors. Investments are mainly concentrated in Southern Italy. Risk-Reward profile: objective is to maximise the long term total return by combining direct revenues (cash flows) from assets and capital gains on those assets invested in the period. Medium Risk with reference to an expected medium/high return over a long time horizon.  

Selected operations


Renewable energies

  Despite the difficult economic and health situation, the growth of photovoltaic installations in Italy has not stopped. Installations have increased by 12% compared to 2019 (data from the first six months). Today, the PNIEC (Energy and Climate Plan 2030) has a target of 52 GW of solar installed by 2030; almost 2.5 times the capacity that was active in 2019 (around 20.9 GW). In the period between 2023-2025, the average additional annual solar capacity is expected to be around 4.6 GW. All Tendercapital's photovoltaic plants are located in areas with the highest solar radiation.    

Real Estate

    Tendercapital acquired a modern and well-equipped long-term care facility in Southern Italy, managed by professional nurses and highly qualified social and health workers. It can accommodate up to 57 guests, self-sufficient or partially non-self-sufficient, distributed in double and single rooms. An ASL-accredited facility for non-self-sufficient people, the complex is designed to offer comfort and care according to the highest quality standards.    

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