The ACC in conjunction with, AIMA, EY and BondAdviser, invites you to the launch (Webinar) of the second edition of this primer on the Australian private credit market, bringing together data from our members and other sources to inform readers about this growing market. The paper provides insights on the history, context and key investment considerations of the market in Australia, as well as using data from ACC members to illustrate current fund manager mandates and investment strategies.

During the webinar, you will hear from the authors and members of the Australia ACC Committee to discuss:

• Private credit evolution & current state of the Private Credit industry – Private Credit an asset class in its own right, one which now makes up a permanent and valuable segment of investors’ portfolios across the globe. More recently we have seen rapid market growth, with participants now including a broader range of fund managers, superannuation funds, insurance companies, institutional and retail investors.
• Private credit is a key source of financing for borrowers of all sizes in the Australian market. This has important benefits for the economy. A larger pool of borrowers now have access to capital and liquidity, while investors have opportunities to diversify their exposure and benefit from assets that offer an attractive risk-return profile.
• Continued growth in capital allocation to private credit has helped cement its position as a dependable source of long-term financing for companies of all sizes. As the asset class has grown it has gained more recognition in the corporate sector, with fund managers evolving their strategies to include additional types of borrower and expand their product offerings. The main beneficiaries of this trend are Australian businesses, who now have greater choice when seeking finance, and Australian investors who now have more opportunities to enhance the resilience of their portfolios.
• Investor emphasis on risk management practices of private credit managers. These have played a key role in the sector weathering the macroeconomic challenges of the past few years, enabling them to support businesses through this tough period while also protecting value for their investors.
• Trends driving the Australian Private Credit markets future development.
• Global Trends and the ACC paper on “Financing the Economy” released late last year

AIMA Host: 

• Michael Gallagher, Managing Director & Head of Australia, AIMA

Speakers: 

• Nick Smith, Managing Director, Private Credit
• Nicholas Yaxley, Managing Director, BondAdviser 
• Sebastian Paphitis, Managing Director, Alvarez & Marsal

Moderator: 

• Joe Millward, Founding Partner, Epsilon Direct lending

Replay can be found here.