Metrics Credit Partners launches private debt fund for New Zealand investors
3 March, 2021 – Metrics Credit Partners, Australia’s leading non-bank corporate lender, has expanded its presence in New Zealand with the launch of a private debt fund for wholesale investors.
The unlisted Metrics Multi-Strategy Private Debt (NZ) Fund is the firm’s first investment product tailored specifically for New Zealand investors.
The fund is an open-ended Portfolio Investment Entity (PIE) offering New Zealand investors exposure to a well-constructed portfolio of directly originated loans to New Zealand and Australian companies. Up until now, these corporate loan markets have been largely dominated by the banks.
Metrics Managing Partner Andrew Lockhart said the fund launch came in response to rising demand from New Zealand investors for reliable income in an environment of record low interest rates.
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