Tenn Capital Limited Announces Funding Agreement and JV Partnership With Elliott Advisors Limited. Elliott will provide funding of up to £300m to build Tenn Capital’s proposition.
is a new lender which offers short term loans secured against residential real estate for high-net-worth borrowers and complex transactions.Tenn Capital offers finance in the UK, offshore and in select international locations where the borrower requires fast liquidity to respond to a problem or opportunity.Tenn Capital offers short term loans from £1 million up to £20 million secured against prime residential real estate.The company was founded in 2021 byMatt Watson, former Managing Director of SancusIslay Robinson – CEO of Enness Global MortgagesHugh Wade-Jones – MD of Enness Global mortgagesNigel Le Quesne – CEO of JTC PLCAlthough technically a start-up, Tenn Capital’s founding team have significant international experience in real estate, finance, and corporate services.
Elliott Investment Management L.P. manages approximately $48 billion in assets. Its flagship fund, Elliott Associates, L.P., was founded in 1977, making it one of the oldest funds under continuous management. The Elliott funds' investors include pension plans, sovereign wealth funds, endowments, foundations, funds-of-funds, high net worth individuals and families, and employees of the firm. Elliott Advisors (UK) Limited is an affiliate of Elliott Investment Management L.P.
View source version on businesswire.com: https://www.businesswire.com/news/home/20211012006112/en/