Tenn Capital, a short-term high-value financing provider, has announced its move into the Australian market as part of a wider expansion strategy into the Asia-Pacific region (APAC).
The company states this move “reinforces” its global presence, having lent across 22 jurisdictions since it started in 2021.
Tenn Capital offers financing to high-net-worth individuals, ultra-high-net-worth, individuals, companies, trusts, foundations, and funds across real estate, financial assets, and fund finance.
The company say they view Australia as a significant growth opportunity for private credit globally, noting that the market is in a high-growth phase compared to the “more mature markets” in the US and Europe.
Matt Watson, CEO of Tenn Capital said: “This move is a strategic step forward in building a franchise that delivers globally.
“Our clients expect speed, precision and creativity, and we’re now positioned to offer that across every major time zone.”
“For our investors, this means access to a differentiated product that’s insulated from single-country risk and built to perform across geographies and cycles.”
Declan Granville, Head of APAC at Tenn Capital added: “I’m incredibly passionate about what we’re building at Tenn. We often say we’re a truly global business, and I think we’ve proven that with lending in 22 locations around the world.
“I know the Australian market incredibly well having spent 12 years living there previously, and my move back presents a unique opportunity to expand Tenn’s footprint and reinforce our global capabilities. I’m excited to help establish and grow our presence in APAC.”
Whilst Nigel Le Quesne, the Chairman of Tenn Capital, stated: “This is a milestone for Tenn Capital and positions us as a truly global provider of short-term high-value financing solutions. Declan is absolutely the right person to be the face of our business across APAC and we look forward to delivering for clients across the region.”