A high-value lending provider based in the Channel Islands has announced its entry into Australia in a move which the team says underpins its “broader Asia-Pacific expansion strategy”.
Tenn Capital was founded in 2021, with the goal of providing global “short-term lending solutions secured against high-value real estate”, and the company has lent across 22 jurisdictions in the past four years.
It offers financing solutions to ultra- and high-net-worth individuals, as well as companies, trusts, foundations and funds across real estate, financial assets and fund finance.
Commenting on its expansion, Tenn CEO Matt Watson said that Australia represented “one of the most attractive growth opportunities for private credit globally”.
“Unlike the mature markets of the US and Europe, private credit in Australia is still in a high-growth phase,” he added, saying that the country had an “an exceptionally strong real-estate market and a rapidly expanding base of high-net-worth individuals, underscoring significant demand for bespoke financial solutions”.
“This move is a strategic step forward in building a franchise that delivers globally,” he said. “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.”
His view was echoed by Tenn Capital Chairman Nigel Le Quesne, who said: “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.”