We provide investors with access to private credit investments with exposure to middle market corporate debt, real backed loans estate and structured finance sectors via our private credit fund.

We believe there are financially strong companies and projects across our target sectors which presents the opportunity for us to lend to on a risk adjusted basis providing enhanced yield returns, whilst ensuring preservation of investor capital.

Thames Credit Opportunities Fund

Our Thames Credit Opportunities Fund provides investors with exposure to private credit markets across corporate debt, real estate backed loans and structured finance sectors where we aim to capitalize on market dislocations that present lending opportunities where high yield credit returns can be achieved, whilst actively managing downside risk and preserving investor capital.

Whilst all these sectors are in scope for the Fund, the core focus is in the corporate sector to support Australian and New Zealand private and public companies by providing growth capital, working capital, bridging facilities, acquisition finance, liquidity and buy-out capital.

We will 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.

We also extend real estate backed loans across the real estate sector where we see sufficient opportunity to attract a return premium where the downside risk can be actively managed.

The structured finance sector is typically comprised of asset backed securities (ABS) and residential mortgage-backed securities (RMBS) and securitisation opportunities. These are income producing assets e.g., car loans, residential home loan mortgages etc which are packaged together via a pocess known as securistiation and onsold.

Loan Amounts: ~$3 - 45 million

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

Security: Senior secured first mortgage over real assets, plus GSA, receivables, cashflow, and market standard credit guarantees and covenants; equity warrants, options and subordinated debt.

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

Target Cash Distributions: Quarterly

Min investment: $250k (wholesale investors only)

Structure: Open ended unregistered MIS unit trust

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