Risk adjusted value investing

We provide investors with access to private credit investments with exposure to middle market Corporates via our private credit fund.  

Corporates continue to face headwinds in attracting debt funding from traditional banking sources and mature private credit funds. We believe there are financially strong companies within this sector which present the opportunity to invest on a risk adjusted basis whilst ensuring preservation of investor capital and providing enhanced yield returns.

Thames Credit Opportunities Fund

Our Thames Credit Opportunities Fund provides debt and hybrid credit solutions to private and public Australian and New Zealand middle market corporates to assist them with their growth. 

The investment strategy of the fund is to lend to corporates who have proven out their commercial viability and are adequately capitalized to service debt repayments.

In addition to this, the Fund will also source hybrid lending opportunities with corporates who are early enough in their growth journey to also create yield enhancement opportunities via equity valuation uplift under a combined debt and warrant structure.

The fund aims to capitalize on creditworthy secured lending opportunities which present themselves as a result of dislocations in the lending market.

Fund use: corporates: growth/expansion capital, acquisition, bridging, working capital, liquidity or buy out capital.

Loan Amounts: ~$3 - 20 million

Loan Tenor: 6 months to 2 years (N.B. initial investor funds lock up 2 years)

Security: First mortgage over real assets, plus GSA, receivables, cashflow, and market standard credit guarantees and covenants

Anticipated IRR: 10-12%+ p.a. net of fees

Target Distributions: Quarterly

Min investment: $100k (wholesale investors only)

Structure: Closed end unregistered MIS unit trust

If you would like to find out more about our Credit Opportunities fund, please contact us.