Tenn Capital
Morningside House, 2 Le Marchant Street, St Peter Port, NA - Guernsey, GY1 2JJ, Guernsey
Overview
Tenn Capital offers short-term loans secured against UK and select international residential real estate, targeting high-net-worth borrowers and complex transactions. It provides short-term loans from £1 million up to £20 million and focuses on high-value loans and complicated lending scenarios. The firm operates in the UK, offshore and select international locations and emphasizes speed of liquidity for borrowers responding to problems or opportunities. Tenn Capital was founded in 2021 by Matt Watson, Islay Robinson, Hugh Wade-Jones and Nigel Le Quesne; the founding team has significant international experience in real estate, finance and corporate services. The company announced a joint-venture partnership and a funding facility that will provide up to £300 million from funds advised by Elliott Advisors (UK) Limited and its affiliates to build Tenn’s proposition and enable global deployment of its lending mandate. Management says the facility vindicates the robustness of its systems, processes and credit infrastructure and will allow Tenn to deploy capital in scenarios underserved by established institutions.
- Total raised
- $409M
- Funding rounds
- 1
- Latest round
- Equity
- Latest activity
- Oct 2021
Industries
- Commercial Lending
- Financial Services
- Lending
Recent funding
Equity
Oct 2021
$409M
Team
Matt Watson
Chief Executive Officer and Founder
LinkedIn