About Us

Our Culture

The Denning team has shared values and complementary skills with more than 100 years’ collective experience in private debt, private equity and restructuring. From the beginning we have worked closely with our network of borrowers throughout the lifecycle of projects and offered our investors unique investment opportunities. Expertise, exemplary governance and risk analysis are at the heart of what Denning has consistently delivered to investors.

  • Focused


    Denning is focused on property and corporate debt, providing alternative capital in our chosen geographies. Unlike other fund managers, we are not multi-strategy. We know our core differentiation and focus on it.

  • Privately owned and aligned with our investors

    Privately Owned and Aligned With Our Investors

    Denning is 100% privately owned, so our team has a significant financial and reputational stake in all our projects, developers and investors. Our ability to meet targeted returns to investors directly equates to our success.

  • Hands-on approach

    Hands-on Approach

    Our record for funding projects that have delivered strong returns and quality assets stems from a hands-on culture and on-the-ground experience. Denning’s founders have personally completed several mid-tier developments across Australia’s east coast and Asia. Our team understands the importance of close borrower relationships throughout all our projects and the reward for risk involved for providers of capital.

  • 2016

    Mathew Morahan and
    Anthony Boswell founded
    Denning in 2016
    (formerly Denning Asia)

  • 2017

    Total funded A$50m
    by the end of 2017

  • 2018

    Total funded A$193m

  • 2019

    Total funded A$302m cumulative

    Obtained Australian Financial
    Services Licence no. 513856

  • 2020

    Total funded A$390m

    Brisbane office established

    Launched the Denning Master Real Estate Fund for Wholesale Clients

  • 2021

    Total funded A$978m cumulative

    Auckland office established

  • 2022

    Total funded A$1.3bn cumulative

  • 2023

    Total funded to date over A$1.4bn

Our Growth Throughout The Years