About
Stephen Trusa, CFA, is an Investment Partner at Tenor Capital Management Company, L.P., where he serves as a senior research analyst on the convertible arbitrage investment team. Based in the United States, he joined Tenor in 2018 and plays a key role in identifying and executing strategies focused on convertible securities, distressed debt, and event-driven special situations.
He has extensive expertise investing across the capital structure and has covered a broad array of sectors throughout his career. Before joining Tenor, Stephen gained valuable research and investment experience at Deutsche Bank A.G. and Millennium Partners LP, where he specialized in convertible securities as well as in sector-agnostic distressed and opportunistic situations. His investment focus at Tenor encompasses convertible arbitrage, complex credit, and restructuring opportunities.
Stephen Trusa holds an MBA in Finance and a B.S. in Industrial and Manufacturing Systems Engineering, both from Lehigh University, and is a CFA charterholder. His analytical skills and experience in special situations and distressed investing have contributed to Tenor’s reputation for uncovering complex, value-oriented opportunities in public and private markets.
Career History
| Organization | Role | Date Range | Details | 
|---|---|---|---|
| Tenor Capital Management Company | Investment Partner | May 2024 to Present | — | 
| Tenor Capital Management Company | Research Analyst | Sep 2018 to May 2024 | — | 
| Deutsche Bank | Director | Aug 2005 to Apr 2018 | — | 
| Millennium Partners | Vice President | Apr 2003 to Jul 2005 | — | 
| RBS Greenwich Capital | Assistant Vice President | Sep 2002 to Mar 2003 | — | 
| GE Capital | Assistant Vice President | Aug 1999 to Aug 2002 | — | 
Education
Lehigh University
Master of Business Administration, Finance
1998 — 1999
Lehigh University
Bachelor of Science, Engineering
1994 — 1998
Hackley School
1990 — 1994
Others at Tenor Capital Management Co. L.P. (6)
| Name | Role | Location | 
|---|---|---|
| Founding Partner, Head of Research | New York, NY , United States | |
| Investment Partner | New York, NY , United States | |
| MMatthew Starr | partner | New York, NY , United States | 
| RRobin Shah | Partner | New York, NY , United States | 
| LLaura Gaumer | Vice President, Client Experience, B2B Technology & Venture Capital | Louisville, KY | 
| xxiuping Li | partner | New York, NY , United States |