Why Is Everyone Talking About Private Credit Funds?

Private credit in Australia has doubled in the four years from 2020 to 2024 and now sits at a record $40 billion, according to a recent report by the Reserve Bank of Australia.

Angas Prime Executive Chairman, Andrew Luckhurst-Smith, presented at an accounting symposium last month hosted by Oracle to share his insights.

Although banks are the largest commercial lenders in Australia, private lenders are increasingly "filling the gap" and meeting market demand outside of the rigid and increasingly restrictive criteria of the banks.

Private credit means investing in loans made by non-bank lenders that can cover a range of purposes and borrowers.

As a fund manager, Angas Prime is one of these non-bank lenders. Our investors get their returns by lending to Australian businesses and developers.

To learn more about Angas Prime and the returns you could be earning, contact us today on 1800 010 800.