Apollo Management(US:APO) Globenewswire·2025-09-09 07:30Core Insights - TenFifty Capital has officially launched as a European-focused commercial real estate lending platform targeting small- and mid-market opportunities, led by CEO Hugh Fraser [1][2] - The firm aims to originate €1-2 billion in loans in its first year, focusing on loans ranging from €10-50 million, particularly in a mid-cap market segment that is underserved [2][6] - TenFifty is collaborating with Apollo Global Management to enhance its origination capabilities and provide first lien mortgages secured by high-quality assets [2][3] Company Overview - TenFifty Capital is a non-bank commercial real estate lender founded in September 2025, focusing on the €10-50 million sector of the European real estate debt market [6] - The firm has a presence in key European cities including Amsterdam, Berlin, London, and Madrid, and will invest in core markets such as the UK, Germany, the Netherlands, Spain, Italy, and Ireland [5][6] - The company emphasizes building long-term partnerships with borrowers and aims to bring speed and certainty of execution to its lending process [2][3] Leadership and Experience - Hugh Fraser, the founder and CEO, has extensive experience in the real estate lending sector, having co-founded M7 and managed over €6 billion in financings [3] - Fraser's previous collaboration with Apollo has established a strong foundation for TenFifty, leveraging Apollo's balance sheet and expertise in the real estate market [3][4] Market Focus - TenFifty will focus on various sectors and asset types, including logistics, industrial, retail warehousing, senior/student housing, hospitality, prime office, self-storage, parking, and food retail [4] - The firm aims to address the gap in the small and mid-market European commercial real estate debt space, which is often neglected [3]