Credit specialist posits “all-weather” alternative to private credit
Australian investors love the story of private credit; transfixed by its potential for reliable, steady income that is a step-change higher than returns from traditional fixed-income investments; its protection against inflation, and diversification away from public markets. But maybe, private credit is something itself from which investors should be looking to diversify.
A reliably consistent private credit fund
The private credit asset class recently been garnering a good deal of press coverage, potentially causing concern for investors who are trying to determine how — and where — to invest. Here, we explore Thinktank, its history and operations to help investors understand what our fund provides in an evolving and often complex space.
Head-to-head: Direct lending vs. high-yield credit — what’s the difference?
Direct lending has emerged as a crucial funding channel for mid-market companies, and has seen significant growth over the past 10 years, primarily due to a search for yield by lenders and investors. In some investors' minds, it may have usurped the position of high-yield; we ask, are there good grounds for that?
Finding yield without the landmines: An alternative playbook for sub-investment grade credit
Private credit may be booming, but according to Joe Unwin, head of portfolio management at Apostle Funds Management, the volume of capital flooding into the asset class is becoming a problem. Speaking at the Investment Leaders Forum in Byron Bay, Unwin warned that not all growth is healthy—and not all yield is worth chasing.
Investing for income? Here’s what you should know
Many Australian investors continue to focus on income-generating investments. However, with ongoing market volatility, it’s worth thinking carefully about the way that you allocate to income-generating investments in a portfolio.
Size, structure and selectivity: the real work behind private credit
Across private wealth portfolios, private credit has become something of a buzzword – frequently cited, but often misunderstood. At the Investment Leaders Forum in Byron Bay, Justin Hooley, head of Australian private credit at Barings, brought clarity to the category with a deep dive into its structural complexity, sector segmentation, and the due diligence discipline required to navigate it well.
Why direct lending deserves a place in private wealth portfolios
If there was any doubt that private credit has moved from the margins to the mainstream, John Valtwies dispelled it at the Investment Leaders Forum held at Crystalbrook in Byron Bay. Representing Blue Owl Capital—one of the world’s largest direct lending managers—Valtwies took delegates deep inside the mechanics of this fast-evolving segment, making a calm but powerful case for its relevance in diversified portfolios, especially in...
Private credit: What to look for in an asset manager
With private credit garnering plenty of media attention lately, it’s important for investors to understand the underlying variations across this asset class. Lauren Ryan from non-bank lender Thinktank discusses some key points about private credit funds and how they work, as well as some key differences between them.
Private credit’s power play: why direct lending is reshaping markets
Private credit investing has seen exponential growth in recent years, fueled by structural shifts in financial markets and a growing demand for flexible, non-bank lending solutions. Private credit is no longer a niche – it’s a major force in the market.
ASIC right to get to grips with private markets
The release of a landmark report by corporate and financial regulator the Australian Securities and Investments Commission (ASIC) into the nation’s rapidly expanding private markets – and shrinking public markets – has brought this dichotomy into the spotlight, as indeed it has around the world.
Australian investors set to benefit from bilateral beauty of secondaries market
Secondaries now represent a core pillar of many investors’ alternative assets program, according to Coller Capital.
'Nonsense and fiddlesticks': Making sense of the private credit mania
All strategies work – until they don’t. But while private credit may not be everything it's cracked up to be, the risks need to be weighed with a sense of pragmatism.
'We were ruthless': KeyInvest gets serious on private credit manager selection and reporting
Private credit has been crying out for reporting standards that are clear and homogenous, but the industry is so disparate that a solution always seemed far away. That is, until the team at KeyInvest decided to do something about it.
Private capital's secret data driving savvy decision-making in secondaries market
The private markets juggernaut is one that has also thrown up a wealth of data that other players can use to sharpen up due diligence when making their own investment decisions – especially in the growing secondaries market.
'Changing dynamic' between public and private markets worth watching: ASIC
Private markets are worth around $14 trillion globally, ASIC believes. It's not sure, and that uncertainty hints at the wider problem – private markets, and their effect on public ones, is still largely a mystery.
Term deposit turn has retirees in two minds as private credit gains steam
With many economists expecting the Reserve Bank to start cutting interest rates in early 2025, returns on term deposits could feel the pinch. Private credit is an alternative, but those pursuing this investment option will need to do their homework.
Secondaries’ ‘global opportunity’ comes to the land down under
Long the bailiwick of institutional investors, private markets secondaries are now trickling down to the wealth space as the market grows and new vehicles expand access.
'Still weak': Listed asset managers need to evolve rapidly to escape ETF obliteration
With traditional equity managers losing the fight against passive product providers, diversification into more specialist classes of asset management may provide a more sustainable path. But that's a pricey endeavour, and easier said than done.
'No short-term phenomenon': Why private capital will not only survive but thrive beyond 2025
Pessimists are still trying to shoehorn the "bubble" narrative into the private capital story, but an EY report highlights not only the rise of this burgeoning 'alternative' sector, but the reasons it's likely to keep growing.
Australian investors set to benefit from the private equity secondaries market
The private market sector has grown to the point that it has a thriving secondaries market operating behind it, which puts investors in line to benefit from the twin pillars of risk mitigation and upside return potential.
