Chris Andrews

La Trobe Financial has reached $25 billion in assets under management, marking an important point in a journey spanning more than seven decades and many different market conditions.

The Australian alternative asset manager now manages capital on behalf of over 130,000^ individual and institutional investors, supported by over 5,000 financial advisers.

La Trobe Financial Chief Executive Officer Chris Andrews said the milestone reflected the trust investors had placed in the manager over time.

“Reaching $25 billion is a significant achievement, but we are most proud of the way we arrived here. We have grown patiently, remained focused on careful stewardship and stayed accountable to the people whose capital we manage,” Mr Andrews said.

“Every dollar belongs to a person, family or organisation with plans for the future. Caring for that capital is a privilege and a responsibility we never take for granted.”

Scale serving investors

La Trobe Financial invests across thousands of individual assets, including loans supporting Australian homes, businesses and communities.

Mr Andrews said greater scale expanded the range of opportunities available to investors and strengthened the business’s capacity to invest in people, technology and service.

“Scale gives us broader reach and deeper capability. It also allows us to diversify across more assets and continue building the systems and expertise needed to support investors.”

“Our standards remain the gatekeeper for growth. We will deploy capital when suitable opportunities are available and when each investment offers the appropriate structure, security and margin of safety.”

Positioned for the next generation of investors

Looking ahead, La Trobe Financial will continue to grow carefully while maintaining its long-term focus on investor outcomes.

“The next chapter will be guided by the same principles that brought us here: disciplined investment decisions, prudent liquidity settings, clear communication and attentive service,” Mr Andrews added.

“This milestone belongs to everyone who has shared the journey with us. We thank our investors, advisers, borrowers, brokers and employees for the trust they have placed in La Trobe Financial and the contribution they have made.”

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Chris Andrews

Australia’s premier alternative asset manager, La Trobe Financial, proudly announces the re-certification of its carbon neutral status by Climate Active, a renowned certification program endorsed by the Australian government.

This achievement reaffirms La Trobe Financial’s commitment to sustainability and positions the company as a force for good in the financial services industry.

Commenting on the firm’s carbon status, La Trobe Financial’s CEO, Mr Chris Andrews, expressed his pride in the re-certification, stating, “We are very proud to announce that we have, for the third consecutive year, had our carbon neutral status certified by Climate Active. As Australia’s premier alternative asset manager with in excess of $20 billion in AUM, this is an important achievement for the business of which I am immensely proud.”

La Trobe Financial’s commitment to sustainability extends beyond achieving carbon neutrality. Under the leadership of Andrews, the firm has set itself the goal to become 100% carbon zero by 2030. This strategic move demonstrates the company’s dedication to mitigating climate change and reducing its environmental impact.

Speaking of the transition, Lilian Chin, Director Client Partnerships & ESG at La Trobe Financial stated “By transitioning to 100% renewable energy from the grid, we expect to reduce our annual carbon footprint by a significant 18%. Additionally, by proactively adopting renewable energy sources starting in 2024, we have made significant progress in minimising our Scope 2 carbon emissions”.

Climate Active’s certification program is recognised globally for its stringent standards and comprehensive assessment process. La Trobe Financial’s re-certification underscores the company’s ongoing efforts to measure, reduce, and offset its carbon emissions. By participating in this program, La Trobe Financial demonstrates its commitment to transparency and accountability in addressing climate change.

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Chris Andrews

La Trobe Financial, one of Australia’s best-known and most trusted alternative asset managers, has today signalled the broadening of its Asset Management operations through the launch of its Global Asset Management strategy.

This is an important milestone for the company, with La Trobe Financial CEO, Chris Andrews, highlighting that the business is leaning into its extensive global networks and private market expertise to deliver the best of the world’s investment offerings to Australian investors.

“At La Trobe Financial, we have been building the wealth of our investors for over seven decades through careful attention to quality, discipline and consistency in performance. Today, we have $18 billion in assets under management across almost 100,000 investors,^[1] including some of the world’s largest financial institutions. We remain as committed as ever to delivering a suite of the highest quality global strategies to our investors and adviser partners. These investments are unique and exclusive to La Trobe Financial and provide investors with investments that are very difficult to access”.

The announcement of the Global Asset Management strategy is headlined by the launch of the La Trobe US Private Credit strategy, a product developed in partnership with the business’ first global partner, one of the world’s largest financial institutions, Morgan Stanley, who serves as adviser to the strategy.

Andrews, provided an outline of the strategy, stating “this is a very unique investment product designed to give Australian investors access to private credit provided to the US middle market. This market is, by itself, the world’s third largest economy and is set to benefit from generational macro-tailwinds, including the “re-shoring” of global supply chains back into the US heartland. And we are pleased to be providing access to that market to Australian investors through the world’s best mid-market direct lending platform in Morgan Stanley.”

Morgan Stanley Senior Managing Director, Jacques Chappuis, spoke to the newly announced partnership between Morgan Stanley and La Trobe Financial, stating: “We are pleased to be partnering with La Trobe Financial in the launch of the La Trobe US Private Credit investment strategy. Morgan Stanley is deeply committed to the Australian market and La Trobe Financial is high-quality and a key strategic partner in bringing our world-class expertise to Australian investors.”

The La Trobe US Private Credit investment product will be backed by a defensive portfolio of directly originated, senior secured loan assets issued to US middle market companies, owned by some of the world’s largest private equity firms. The product seeks to deliver an annualised distribution yield of at least 9%^[2] per annum net of fees^[3] .

———-

Notes:
[1] Total investors is calculated by adding all individual & joint investors (which includes some investors with a current zero balance in their account) to reasonable estimates of investors investing via platform, trusts or SMSFs.
[2] This target yield is not a forecast, projection or prediction of the performance of the Fund. The Fund’s target yield is not and should not be seen as a statement about the Fund’s likely future performance and there is no guarantee that the performance of the Fund will achieve the target yield.
[3] This product is for wholesale investors only.

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Chris Andrews

La Trobe Financial, one of Australia’s best-known and most trusted alternative asset managers, has today signalled the broadening of its Asset Management operations through the launch of its Global Asset Management strategy.

This is an important milestone for the company, with La Trobe Financial CEO, Chris Andrews, highlighting that the business is leaning into its extensive global networks and private market expertise to deliver the best of the world’s investment offerings to Australian investors.

“At La Trobe Financial, we have been building the wealth of our investors for over seven decades through careful attention to quality, discipline and consistency in performance. Today, we have $18 billion in assets under management across almost 100,000 investors,^[1]

The announcement of the Global Asset Management strategy is headlined by the launch of the La Trobe US Private Credit strategy, a product developed in partnership with the business’ first global partner, one of the world’s largest financial institutions, Morgan Stanley, who serves as adviser to the strategy.

Andrews, provided an outline of the strategy, stating “this is a very unique investment product designed to give Australian investors access to private credit provided to the US middle market. This market is, by itself, the world’s third largest economy and is set to benefit from generational macro-tailwinds, including the “re-shoring” of global supply chains back into the US heartland. And we are pleased to be providing access to that market to Australian investors through the world’s best mid-market direct lending platform in Morgan Stanley.”

Morgan Stanley Senior Managing Director, Jacques Chappuis, spoke to the newly announced partnership between Morgan Stanley and La Trobe Financial, stating: “We are pleased to be partnering with La Trobe Financial in the launch of the La Trobe US Private Credit investment strategy. Morgan Stanley is deeply committed to the Australian market and La Trobe Financial is high-quality and a key strategic partner in bringing our world-class expertise to Australian investors.”

The La Trobe US Private Credit investment product will be backed by a defensive portfolio of directly originated, senior secured loan assets issued to US middle market companies, owned by some of the world’s largest private equity firms. The product seeks to deliver an annualised distribution yield of at least 9%^[2] per annum net of fees^[3].

——–

Notes:
[1] Total investors is calculated by adding all individual & joint investors (which includes some investors with a current zero balance in their account) to reasonable estimates of investors investing via platform, trusts or SMSFs.
[2] This target yield is not a forecast, projection or prediction of the performance of the Fund. The Fund’s target yield is not and should not be seen as a statement about the Fund’s likely future performance and there is no guarantee that the performance of the Fund will achieve the target yield.
[3] This product is for wholesale investors only.

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(L to R): Chris Andrews and Larry Kestelman

The longest standing partnership in the Hungry Jack’s National Basketball League (NBL) has been extended, with La Trobe Financial recommitting for another year.

La Trobe Financial has been key to the competition’s resurgence on the Australian, New Zealand and global sporting landscape.

“This is a truly significant and valued relationship that dates back to 2006, and we are proud to continue with La Trobe Financial,” NBL Chief Executive Officer, David Stevenson, said.

“Staying by the NBL’s side highlights the unwavering support, commitment and trust La Trobe Financial has in the League; these are all traits of La Trobe Financial and why it has stood the test of time for more than 70-years.

“The NBL’s growth has been well publicised, and La Trobe Financial has been there every step of the way. We look forward to further strengthening our fantastic relationship and we thank CEO, Chris Andrews, and the entire team for their wonderful support.”

“La Trobe Financial has been with us through each stage of our growth over the years. To have them beside us for another season will provide significant benefits for both organisations,” NBL Executive Chairman and Owner, Larry Kestelman, said.

“We look forward to what promises to be a successful season together.” La Trobe Financial is Australia’s leading Alternative Asset Manager, with $18 billion in assets under management.

La Trobe Financial CEO, Chris Andrews, expressed his excitement about the extended partnership. “We are delighted to continue our association with the NBL, a league that shares our passion for bringing people together and it is this shared value that has been the foundation of our successful partnership,” Andrews said.

“As a company that has thrived for more than seven decades, La Trobe Financial is proud to support the NBL’s growth and contribute to the success of basketball in Australia, New Zealand and globally. We express our gratitude to Larry Kestelman, David Stevenson, and the wider NBL team for their great achievement in growing the League to date and look forward to continuing this journey together.”

The 2023/24 Hungry Jack’s NBL Season begins on Thursday, September 28, when Melbourne United hosts the South East Melbourne Phoenix at John Cain Arena.

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Chris Andrews and Kerrie Mather.

Venues NSW and La Trobe Financial are pleased to announce a new commercial partnership that will see the Australian firm become the Official Asset Management Partner of Allianz Stadium & the Sydney Cricket Ground (SCG).

The three-year partnership will allow La Trobe Financial to work closely with Venues NSW, which manages NSW’s leading sporting and entertainment venues including Allianz Stadium and the SCG.

La Trobe Financial is Australia’s leading Alternative Asset Manager, with $17 billion in assets under management. Since 1952, they have been driven to help people realise their potential with specialist financing and investment solutions.

La Trobe Financial’s award-winning Credit Fund has consistently performed, remaining one of the most competitive in the market and is trusted by over 93,000 investors. The 12 Month Term Account has been recognised as the “Best Credit Fund – Mortgages” for 14 consecutive years by Money magazine and is Australia’s fastest growing retail fund.

Allianz Stadium and the SCG is Australia’s premier sports & entertainment precinct – hosting more than 90 events a year. The La Trobe Financial partnership will be featured across a range of sporting codes, as well as concerts and other live entertainment.

La Trobe Financial’s CEO, Chris Andrews, said the firm was excited to be partnering with an organisation that has such a strong connection to Sydney locals as well as visitors. “We’re committed to being part of the Sydney community and making a positive impact. We’ve seen some memorable matches and events held at the stadium over the years, and we’re thrilled to be involved and bring that excitement to the people of Sydney and our clients.”

Venues NSW CEO Kerrie Mather said: “We’re excited to welcome La Trobe Financial to Venues NSW as the Official Asset Management Partner of Allianz Stadium and the SCG. We look forward to working with the La Trobe Financial team to deliver future benefits for our partners, members and the many people who attend events at our venues.”

The partnership starts immediately.

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Chris Andrews

The $13 billion Australian based Credit Asset Manager La Trobe Financial joins a growing list of Asset Managers focusing on ESG and climate, announcing today that it has achieved a carbon neutral milestone following its independent carbon footprint assessment.

La Trobe Financial has worked closely with independent advisers Carbon Neutral to measure its assessment of emissions activities. The methodology used is in accordance with the Greenhouse Gas Protocol from the World Resources Institute, using additional data from the Commonwealth Government, international and domestic governments and academic resources. To achieve carbon neutrality, La Trobe Financial has offset its carbon footprint and has invested in projects that reduce or absorb greenhouse gas emissions equal to what they produced through the year. Carbon Neutral have advised that these projects have been recognised as high integrity Gold Standard projects.

Commenting on the firm’s carbon status, Chris Andrews, Deputy CEO & Chief Investment Officer at La Trobe Financial said “We are very proud of the approval of our carbon neutral footprint program. We recognise in today’s market that this is a key business metric. We have documented a formal Carbon Reduction Plan, so that we can meet future targets and go beyond simply offsetting our carbon emissions. In the current plan, we propose to implement multiple projects to ensure that we reach our business commitment to 100% carbon zero by 2030. A commitment that we have pledged in our group ESG Framework approved by our Board.

Caterina Nesci, Director of ESG & International Partnerships added “To have completed this critical assessment with Carbon Neutral during the past 6 months is a real achievement.

We now have our carbon footprint benchmark and intend to reduce our footprint every year moving forward. Doing this is clearly in the interest of the company and important for the future of the planet.

We will be activating a number of projects over coming months including reducing travel emissions, sustainable procurement practices, reducing waste and landfill, and aiming to become paperless just to name a few. This will involve every aspect of the business and all staff are truly committed to playing their part in this important work.

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The SMSF Awards, now in its ninth year, celebrate and acknowledge the leading providers of SMSF offerings, as assessed by financial advisers who specialise in the sector. The awards were based on a survey of 585 advisers and accountants, conducted between June and July this year. Core Data’s principal, Andrew Inwood, who oversaw the collection and analysis of the adviser feedback, identified that La Trobe Financial stood out for quality of service, product marketing, and in particular, the ability to efficiently and diligently process loans to SMSFs.

Inwood further commented during the awards that the COVID-19 pandemic had continued to put stress on the SMSF sector, but service providers like La Trobe Financial had maintained their high levels of delivery during these times.

La Trobe Financial’s Chief Lending Officer, Cory Bannister, stated “having launched our SMSF loan in 2012, and being one of the few lenders to continue offering this product consistently without interruption during this time, we have built a sizeable portfolio of what are really “super-prime” loans. We have used this experience to refine our policy and process, and are delighted to be recognised as the best provider for our SMSF Residential Loan.”

La Trobe Financial’s Deputy CEO and Chief Investment Officer Chris Andrews commented, “we are delighted to win this prestigious award as an SMSF Innovator. Our asset management business has long had a focus on consistent, low-volatility income and SMSFs have been consistently strong supporters of our offerings. This award is really a tribute to the efforts of our excellent investments team. When markets turned volatile in March and April last year, they leaned in – as they always do – and provided exceptional service to all of our investors.”

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Chris Andrews

La Trobe Financial announced that it has won two prestigious Asia Pacific awards. The first being the CEO of the Year, Wealth Management Asia Pacific and the second Non-Bank Financial Institution of the Year – Asia Pacific by Le Fonti Global Awards.

The Le Fonti Global Awards, formerly known as the International Alternative Investment Review Awards (IAIR), have been running for the past eleven years. These awards recognise managers which display the highest standards in innovation, performance and social responsibility. Award winners were chosen from a short list of nominees selected by over 50,000 investors from over 120 countries following a review by an independent judging panel.

La Trobe Financial’s Chris Andrews, Deputy CEO and Chief Investment Officer commented “It is an honour to be recognised as CEO of the Year, Wealth Management – Asia Pacific and especially so given what the world has been through over the last twelve months. Our business was established in 1952 to provide superior service to the under-served and it has been inspiring to see the dedication of our 480 staff throughout the pandemic period. Despite the challenging environment, they have remained utterly focused on assisting our investors. It is a privilege to serve alongside them and I dedicate this award to them.”

Andrews further stated “The award Non-Bank Financial Institution of the Year – Asia Pacific is ultimately yet another testimony to the quality of our staff in difficult times. Many of our customers have themselves experienced difficulties over the last 12 months and we have been rewarded as a business for staying on station and ready to serve when we were most needed.

Our approach has been refined over years of continuous operation and a number of economic cycles. We have managed institutional and retail mandates exceeding A$36 billion, covering more than 205,000 customers for seven decades and each year we increase our digital interaction with clients – having launched a mobile investment app La Trobe Direct with now $1.8 billion invested.

Throughout this period, we have delivered targeted returns to all our portfolio investors, whether institutional or in our pooled portfolio offerings in the Credit Fund, without loss of a single cent of capital. This is an unprecedented track record of consistent performance for investors.

Our retail investment offering The La Trobe Australian Credit Fund now stands at $6.5 billion in AUM with some 55,000 investors investing in diversified portfolios of cash, bonds, and residential and commercial registered mortgage loans, with all security properties located in Australia.”

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Chris Andrews

La Trobe Financial has announced that it has won two prestigious Asia Pacific awards. The first being the CEO of the Year, Wealth Management Asia Pacific and the second Non-Bank Financial Institution of the Year – Asia Pacific by Le Fonti Global Awards.

The Le Fonti Global Awards, formerly known as the International Alternative Investment Review Awards (IAIR), have been running for the past eleven years. These awards recognise managers which display the highest standards in innovation, performance and social responsibility. Award winners were chosen from a short list of nominees selected by over 50,000 investors from over 120 countries following a review by an independent judging panel.

La Trobe Financial’s Chris Andrews, Deputy CEO and Chief Investment Officer commented “It is an honour to be recognised as CEO of the Year, Wealth Management – Asia Pacific and especially so given what the world has been through over the last twelve months. Our business was established in 1952 to provide superior service to the under-served and it has been inspiring to see the dedication of our 480 staff throughout the pandemic period. Despite the challenging environment, they have remained utterly focused on assisting our investors. It is a privilege to serve alongside them and I dedicate this award to them.”

Andrews further stated “The award Non-Bank Financial Institution of the Year – Asia Pacific is ultimately yet another testimony to the quality of our staff in difficult times. Many of our customers have themselves experienced difficulties over the last 12 months and we have been rewarded as a business for staying on station and ready to serve when we were most needed.

Our approach has been refined over years of continuous operation and a number of economic cycles. We have managed institutional and retail mandates exceeding A$36 billion, covering more than 205,000 customers for seven decades and each year we increase our digital interaction with clients – having launched a mobile investment app La Trobe Direct with now $1.8 billion invested.

Throughout this period, we have delivered targeted returns to all our portfolio investors, whether institutional or in our pooled portfolio offerings in the Credit Fund, without loss of a single cent of capital. This is an unprecedented track record of consistent performance for investors.

Our retail investment offering The La Trobe Australian Credit Fund now stands at $6.5 billion in AUM with some 55,000 investors investing in diversified portfolios of cash, bonds, and residential and commercial registered mortgage loans, with all security properties located in Australia.”

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