Metrics solidifies market position with new appointments

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Metrics Credit Partners has announced new appointments within its Investments Team, as the business cements its position as Australia’s leading non-bank corporate lender. Mathew Fulton and Marc Hurwitz have been appointed as Investment Directors based in Sydney covering corporate origination. Both join from Investec Australia’s Corporate and Acquisition Finance (CAF) team, following Metrics’ successful acquisition of

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MCP Master Income Trust successfully raises $191.8 million in oversubscribed wholesale placement

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Metrics Credit Partners’ MCP Master Income Trust (ASX:MXT) raised in excess of $190 million via a wholesale investor placement to further diversity its loan portfolio. MXT issued more than 95 million units in the trust at $2 each in a placement to institutional and wholesale investors. Andrew Lockhart, Managing Partner of Metrics Credit Partners, welcomed

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Two Metrics Credit Partners loan funds secure ‘A’ band S&P ratings

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After a volatile year for financial markets that has raised concerns about credit quality, two of Metrics’ loan funds have secured ratings in the coveted A band. S&P Global Ratings announced it has assigned an A- rating to the MCP Real Estate Debt Fund (REDF), with stable outlook. The ratings agency also assigned an A-2

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Metrics Credit Partners announces several new hires as business expands

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Metrics Credit Partners, Australia’s leading non-bank corporate lender, has announced several new additions to its team as the business grows to meet strong demand from Australian investors and borrowers. The appointments in the Investments Team include Ben Evans, former Director of Debt Advisory at JLL, who joins Metrics as Investment Directors based in Sydney. Mr

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Metrics wins Best Alternative Investment Manager of the Year at Hedge Funds Rock

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Metrics Credit Partners has been crowned Australia’s Best Alternative Investment Manager at the 2020 Hedge Funds Rock + Australian Alternative Investment Awards. The award is decided based on a combination of quantitative and qualitative factors agreed by a panel of expert judges. Metrics Credit Partners Managing Partner, Andrew Lockhart commented: “We are pleased to receive

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Metrics Credit Partners Funds assigned ‘Superior’ rating

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Australia Ratings Analytics (Australia Ratings) has assigned a ‘Superior’ investment rating to two Trusts managed by Metrics Credit Partners Pty Ltd (Metrics). Both, the MCP Master Income Trust (MXT) and the Metrics Direct Income Fund have been assigned a ‘Superior’ Investment Rating. A rating of Superior’ is the highest rating on the investment rating scale used by

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Income returns – the increasing importance of capital structures

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In the current market, many income investments are no longer offering the safe haven and downside protection they once did. Investors, of all sorts, need to revisit and better understand where investments sit in the capital structure and the role they can, and sometimes can’t, play in portfolios today. Andrew Lockhart, Managing Partner at Australia’s

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Metrics Credit Partners expands with NZ office

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Australia’s leading non-bank lender Metrics Credit Partners (Metrics) has announced the opening of a new office in New Zealand. The opening is in response to increasing Kiwi demand for better returns from fixed income, given record low local interest rates. The office in Auckland will be staffed by three local financial experts – see separate

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Metrics to cut performance fee to counter low rate environment

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Metrics Credit Partners (Metrics) has announced plans to voluntarily waive its performance fee for the MCP Income Opportunities Trust (ASX:MOT), to prevent investor returns being impacted by current record low interest rates. The trust’s current performance fee terms are based on achieving the Reserve Bank of Australia (RBA) cash rate plus 6% per annum. At

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Non-bank lenders to provide a greater share

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One of the hallmarks of the Australian corporate lending market has been the bank dominance of the sector, with the domestic banks currently holding around 70% market share. Due to the large balance sheet capacity and accompanying capital required to operate in the market, barriers to entry are significant. However, Andrew Lockhart, Managing Partner at

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