Remara Credit Opportunities Fund
A high-yield, open ended fund offering monthly distributions, quarterly redemptions and a highly diverse pool of credit loans which are secured by real assets and structural protections. (For Wholesale Investors Only)
Our Credit Opportunities Fund is suited to wholesale investors seeking exposure to Australia’s private credit market and looking to add a growth fund to their investment portfolio. Gain access to a high, risk-adjusted return on investment, consistent income through monthly distributions and the option to reinvest and build your wealth further.
* Target returns are not guaranteed. Past returns are not a reliable indicator of future performance.
Investment Objective
The Fund is actively managed and aims to provide annual returns in-excess of 10% (post fees) above the floating BBSW Rate through investing in a diversified portfolio of debt and debt securities.
The Fund is intended to be suitable for investors seeking a high return investment with a preference for an elevated risk-profile.
The Fund will consist primarily of Australian credit investments with exposure to investments including but not limited to syndicated/bi-lateral loans, special situations debt, asset backed securities and collateralised loan obligations.
Remara seeks to add value through active allocations between individual securities and industries, while maintaining a highly diversified portfolio. The Fund uses bottom-up analysis to select individual investments and employs a conservative approach to credit selection.
Security selection is based on relative value within the capital structure of comparable companies and industries. The preservation of principal and protection against downside risk plays an important role in the investment process however there is no guarantee that an investment in the Fund will not result in a loss of some or all of an investor's capital. The Fund should be considered a high-risk investment.
The Remara Credit Opportunities fund caters to wholesale investors seeking portfolio diversification and growth through a medium to high risk/high return investment profile. Gain exposure to the private credit market through underlying investments in corporate loans, structured finance, real estate & project finance and tactical opportunities. Our aim is to provide investors with a reliable income stream whilst seeking to achieve long term capital growth. The Fund’s investment strategy prioritises capital preservation before assessing the income return to minimise any downside risk.
High return on investment
Our fund aims to return investors an annual return in excess of the RBA cash rate, plus an additional 10% per annum after fees*. Through careful and strategic risk management, our investment team seeks to maximise investor returns and limit any associated risks.
* Target returns are not guaranteed
Reliable income stream
Our Credit Opportunities Fund has been designed to provide investors with a continuous and reliable income stream in the form of monthly distribution payments. Investors also have the option to reinvest their distributions to build their wealth further, earning not only on their principal investment but the interest earned as well.
Secured loans
The Funds underlying loans are secured by real assets and cashflow. Additional protections include Director/Borrower guarantees, registered security interests, first loss support and a highly diversified asset pool spanning multiple industries, asset types and geographical locations. This approach optimises the balance between risk and return.
Potential capital appreciation
Through investing in undervalued assets, the Fund aims to deliver long-term capital growth in addition to the stated income yield.
Floating rate return
The Fund invests into loans which are floating in nature (due to their short duration) allowing any rate increases to be captured whilst ensuring investors are compensated for changes to rates when they occur. This provides a level of security during times of rapid interest rate changes, ensuring out investors are not on the wrong side of the market movements.
Management Experience
Our senior members have over thirty years of individual experience in corporate lending, capital markets structured credit and asset management. Our vertically integrated approach ensures we maximise investor returns whilst minimising any associated risks. It also means that the Fund is co-invested, creating an alignment of interest between our management team and investors.
Click here to view current and historical fund performance documents including the Credit Opportunities Fund monthly update report.
The Manager of the Fund is Remara Investment Management Pty Limited (ACN 644 751 815, AFSL No 546046).
The Manager specialises in real estate, private credit and tactical investment opportunities. Remara currently manages over $1.7 billion in credit-related products. The key personnel have considerable experience in credit investment and assessment as well as deep funds management experience.
Andrew founded Remara, a Sydney based investment firm, focusing on real estate, private credit, and tactical investment.
Prior to commencing Remara, Andrew held multiple positions within Brookfield Asset Management across the Australian and Asian Platforms.
Andrew most recently held the position of CFO Asia-Pacific covering Financial Leadership of both Brookfield Property & Private Equity Group across Asia-Pacific and Brookfield’s Corporate Operations for Asia-Pacific. This followed previous roles covering Group Finance, External Investments, Infrastructure and Commercial Properties.
Prior to joining Brookfield, Andrew gained experience in Audit, Corporate Taxation, Corporate Finance and Business Services within Industry.
Andrew currently holds a Bachelor of Business in Accounting and also a Masters in Finance. He has served on the CFO Round-table and the National Accounting Round-table for the Property Council of Australia, while also serving as a Steering Committee member for the Bachelor of Accounting Scholarship course at The University of Technology Sydney. Andrew also served as a board member of the Cronulla Sharks Football and Leagues Club, holding the roles of Chair of the Audit, Risk and Compliance Sub-Committee and the Property Sub-Committee.
David is a Managing Partner of Remara, focusing on debt capital markets, private credit and private equity relating to financial services.
David founded Dynamoney (formally Grow Finance) in December 2016. Dynamoney is an Australian non-bank lender, focusing on small to medium enterprises. David's background includes over 25 years of investment banking and finance experience. David started his finance career as a credit analyst at Westpac and became responsible for capital raising and trading corporate debt from 2001 at BNP Paribas in Tokyo and Hong Kong in 2004.
Moving back to Australia in 2009, David was instrumental for raising capital for Australia's largest nonbank financial institutions which included mortgage-backed debt as well as consumer and auto finance.
David has a Bachelor of Finance (Information Technology), Master of Applied Finance, Certificate IV and Diploma of Finance & Mortgage Broking.
Click here to view our latest Monthly Update.
Click here to see our latest Quarterly Update.
No, the Fund invests into a portfolio of underlying direct loans to borrowers across multiple product and asset classes. The return to investors is not guaranteed and is subject to underlying market conditions. The underlying return post fees to investors could be higher or lower than target return being RBA Cash Rate + 10%.*
* Past returns are not a reliable indicator of future performance. Target returns are not guaranteed.
The Fund will pay monthly distributions on the 15th of each month.
Yes, the fund offers a dividend reinvestment program.
Fund investors will have an open period Semi-Annually to request a redemption. Redemptions will be completed 15 days after the end of the redemption period. Investors should review the conditions around redemption in the Investment Memorandum.
Yes, the underlying loans are secured by real assets, cashflows and other structural protections including director/borrower guarantees, registered security interests and first loss support.
Remara has established relationships with proven and profitable loan originators and servicers. Remara undertakes a review of the credit policy and sets stringent portfolio and credit parameters to ensure a tight credit structure is maintained. Remara, on a monthly basis, will monitor the ongoing credit of the investment portfolio. Each originator retains a ‘first loss’ position in the loan.
Remara has structured its investments to require the loan originator to fund and retain a ‘first loss’ portion of the loan. This means in the event of a credit loss, the originators capital is paid last in the recovery scenario. This results in an improved credit enhanced position for fund investors as the originator is aligned to fund investors with their money at risk ahead of fund investors.
No, Remara is an investment manager regulated by the Australian Investment and Securities Commission via a Financial Services licence.
No, as Remara is not an Australian deposit taking institution, the investment is not covered under the guarantee.
Unfortunately the Remara Credit Opportunities Fund is only open to Wholesale Investors (as defined by the Corporations Act).
Wholesale Investor
There are several criteria outlined in the Corporations Act, the most common include:
You have net assets of at least $2.5m; or You have gross income for each of the last two financial years of at least $250k; You are willing to invest $500k or more into the fund.
To verify whether you satisfy the criteria referenced above, you must obtain an Accountant’s Certificate stating so.
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Published by Remara Investment Management Pty Limited
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