T
enFifty Capital launched on 9 Sept 2025 under CEO Hugh Fraser, targeting the €10‑50 million commercial‑real‑estate loan niche. The firm aims to originate €1‑2 bn in its first year, partnering with Apollo Global Management to leverage Apollo’s balance sheet and origination expertise. TenFifty will focus on senior secured loans for logistics, retail, industrial, student housing, hospitality, office, self‑storage, parking and food‑retail assets across core European markets—UK, Germany, Netherlands, Spain, Italy, Ireland—and beyond. Fraser, former co‑founder of M7 and head of capital markets, brings experience managing €6 bn of financings and a network of borrowers, banks and investors. Apollo’s Ben Eppley highlighted the synergy between TenFifty’s first‑lien focus and Apollo’s non‑bank CRE portfolio. The pan‑European team operates from Amsterdam, Berlin, London and Madrid, offering speed and certainty to borrowers amid tightening traditional lender activity.
Key metrics: €1‑2 bn loan origination target, €10‑50 m loan size, senior secured lending, presence in six core European markets, partnership with Apollo.
FAQ: TenFifty Capital is a European CRE lender for €10‑50 m loans; CEO Hugh Fraser; first‑year origination €1‑2 bn; supports borrowers with rapid execution; operates in UK, Germany, Netherlands, Spain, Italy, Ireland.
Trading activity: In the past 6 months, one member of Congress sold $APO shares; insiders executed 10 trades (2 purchases, 8 sales) totaling ~$330 m; institutional investors added 617 shares and reduced 561 shares in Q2 2025, with major moves by Victory Capital Management (+1670 %) and BlackRock (‑6.1 %). Analyst coverage: six buy/overweight ratings, no sell; median price target $164, with recent targets ranging $131–$174.
Contact: Hugh Fraser, CEO, [email protected]; Apollo: Noah Gunn, Investor Relations, (212) 822‑0540, [email protected]; Joanna Rose, Corporate Communications, (212) 822‑0491, [email protected].
