Tenn Capital said Australia represents some of the “most attractive growth opportunities for private credit globally”, explaining that it is in “high-growth phases”, as opposed to the more mature markets of the US and Europe.
The lender added that Australia has an “exceptionally strong real estate market and a rapidly expanding base of high-net-worth individuals”, adding that there is “significant demand for bespoke financial solutions”.
Tenn Capital said it planned to capitalise on this growth and demand by expanding its suite of products and solutions.
The firm was founded in 2021 and currently operates in 22 jurisdictions. It primarily offers financing solutions to ultra-high-net-worth individuals (UNHWIs), HNWIs, companies, trusts, foundations and funds across three core areas of real estate, financial assets and fund finance.
Matt Watson, CEO of Tenn Capital, said: “This move is a strategic step forward in building a franchise that delivers globally.
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“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.”
Nigel Le Quesne, chair at Tenn Capital, 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.”
Earlier this year, Tenn Capital acquired alternative lender Oaklands Secure Lending, giving it a presence in Guernsey and Jersey.
