Nick Raphaely, co-chief executive of AltX Group (AltX), presents a new investment vehicle, the AltX Credit Fund. The fund is integrated into AltX's business model, which focuses on private real estate credit, allowing for direct loan transactions and capital deployment into various opportunities. Nick elaborates how it provides investors a choice to select among diverse opportunities depending on their risk tolerance and liquidity preferences. AltX has between 1 billion and 1.5 billion transactions per year, offering clients opportunities carefully packaged for investors catering to specific needs such as geographic preference, type of borrower or security, and risk and return profile. The credit fund features six different offerings catering to different investor requirements, such as plain vanilla mortgage deals to more exotic and esoteric structures, with liquidity and return options varying accordingly.

Meanwhile, Gary Segal from Oceana Funds talks about the company's flagship private credit strategy, the Oceana Australian Fixed Income Trust (OAFIT). Oceana has nearly $1.2 billion of funds under management and the company offers alternative private credit strategy with fixed income characteristics. Through its strategy, investors can invest in different tiers of loans, depending upon their risk appetite. Oceana Funds' focus on non-correlated defensive industries contributes uniquely to its portfolio. As Australia's SME and middle market sectors continue to grow, Oceana Funds sees a wealth of opportunity for non-bank lenders like themselves.

Published by ausbiz on 26th June 2024.