The aftermath of the global financial crisis and the increased tightening of credit since the advent of the Banking Royal Commission has seen significant growth in the establishment of private debt funds. The quality of the underlying security is as high as it has ever been for non-bank lenders given the funding gap left by the banks.
Our specialist funds management lawyers have the right experience and knowledge to establish a debt fund and get it into the investment marketplace in good time.
Examples of our work
Gryphon Capital Income Trust – advising on the launch and ASX listing of the $300 million Gryphon Capital Income Trust, the first listed fund investing exclusively in Australian RMBS and ABS securities.
Planum Capital Pty Ltd – advising Planum Capital Pty Ltd on structuring and establishing the Planum Footscray Fund, including advising on its debt funding for, and acquisition of, 90 Maribyrnong Street, Footscray, Victoria. Our role included drafting the information memorandum, undertaking all property due diligence, reviewing finance documents and attending to settlement on behalf of the fund.
420 George street facility agreement – assisting Forza George Street Fund in securing a facility of $16,650,000 with US PE group Quadrant for the purpose of purchasing 420 George Street, Brisbane.
USS Funds Management – assisting Universal Self Storage group in securing a facility of $4 million for the purchase of seed assets for their fund.
Homeworld Helensvale – assisting with the negotiation of a multi-million dollar finance facility to fund the future development of Homeworld Helensvale.