Woodbridge broadens private market retail access through netwealth, BT Panorama super menus
Andrew Torrington
Woodbridge Capital, Australia’s leading transparent private markets investment manager and non-bank lender, has further democratised its private markets offering, giving retail investors access to a marquee fund through the widely used BT Panorama and netwealth platforms.
The Woodbridge Secured Income Fund has been added to the two mainstream platforms, which is an important step in Woodbridge Capital’s mission to make private markets more transparent and accessible, amid unprecedented growth and interest in the asset class.
While Woodbridge funds are already available through the platform investment menus, today’s announcement importantly makes their marquee fund available through the super menu.
The fund aims to provide investors with a return of the RBA cash rate plus 5%-7% per annum net of fees and expenses and has returned 9.75% in the past 12 months. Woodbridge Capital is the only private credit fund manager in Australia endorsed by the Responsible Investment Association Australasia for both its retail and wholesale funds.
Recent analysis by Rainmaker Information showed that super funds had pumped $400bn into private market assets by June 2024 – a 34% increase in two years, signalling the appetite for unlisted opportunities.
Andrew Torrington, co-founder and managing director of Woodbridge Capital, said such opportunities have previously been reserved for wholesale investors, but dynamics are changing.
“Most private market offerings are structured for institutional investors, which means retail clients have largely missed out on private market access, despite their appetite for what the asset class has to offer,” he said.
“Retail investors and their advisers want access to these opportunities, but they also demand transparency, which we deliver through regular reporting, a clear risk profile, a consistent approach and an independent responsible entity and trustee.
“As we continue to push for greater transparency and access to traditionally opaque private markets, we’re advocating for other private market managers to offer the same frameworks.”
