Independent Strategic Guidance for Complex Alternative Assets

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Rigorous Analysis, Strategic Governance, Expert Counsel
Tenebra Strategic Advisory delivers independent strategic guidance to institutional investors, family offices, and pension schemes navigating complex alternative asset portfolios.

We provide three core services:

Asset & Manager Analysis
Independent evaluation of fund managers, esoteric holdings, and investment opportunities through rigorous analytical frameworks

Portfolio Governance & Oversight
Strategic coordination across your fund managers, custodians, legal advisors, and service providers to ensure alignment with your objectives

Strategic Guidance & Allocation
Forward-looking counsel on portfolio construction, rebalancing, and capital deployment in alternative markets

Our practice is distinguished by independence (no product sales, no manager relationships), analytical rigour (data-driven frameworks and scenario analysis), and a commitment to integrating siloed advisory functions into coherent strategy.
Explore our Services

How we deliver value across your portfolio

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Independent Analysis
Rigorous evaluation of fund managers, esoteric holdings, and investment opportunities. We cut through marketing narratives to surface what actually drives returns and risks.
Strategic Coordination
We ensure your fund managers, custodians, advisors, and service providers remain aligned with your strategic objectives. No siloed decisions. No conflicting advice.
Forward-Looking Strategy
When you face complex allocation decisions or market transitions, we provide the independent perspective needed to deploy capital with confidence.

A small, senior team. No hand-offs, no layers.

You work directly with us.

Led by Experienced Alternative Investment Practitioners

Tenebra Strategic Advisory was founded by Vincent Piscaer, a seasoned alternative investment strategist with two decades of experience restructuring complex portfolios, executing transactions exceeding $400M, and advising institutional investors on governance and risk.

Rather than building a sprawling firm, Vincent structured Tenebra Strategic Advisory as a boutique advisory practice. This allows him to ensure every engagement receives direct attention from someone who has navigated the same challenges you face: evaluating complex managers,
constructing sophisticated portfolios, and governing multiple advisors toward a coherent strategy.

Your work is overseen directly by someone with:

  • Two decades in alternative investments and institutional advisory
  • Hands-on management and restructuring of $1B+ AUM portfolios
  • Transaction execution experience across asset classes
  • Regulatory & governance oversight: AIFMD/UCITS compliance, ESG frameworks, and institutional mandate alignment
  • MBA (Chicago Booth, High Honors), CFA Charterholder, Chief Investment Officer Program (Columbia), PMP

Vincent approaches each engagement with the conviction that institutional investors deserve advisors aligned entirely with their interests. Not compromised by product conflicts, manager relationships, or proprietary agendas.

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Headshot of Vincent Piscaer, founder and CEO of Tenebra Strategic Advisory
Vincent Piscaer, CFA, MBA
Founder & CEO
Tenebra Strategic Advisory
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Beyond Standard Advisory

We understand that institutional investors need advisors aligned entirely with their interests.

Uncompromised by conflicts, guided by deep expertise, and focused on long-term value creation.

Ready to elevate your strategy?

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