20 February 2020 - iPartners, the market leader in providing debt solutions for emerging consumer finance businesses, is launching its first investment fund, the iPartners Investments fund. The vehicle has been established to meet strong investor demand for a diversified basket of alternative fixed interest assets in a pooled investment vehicle.

The fund provides exposure to a broad portfolio of iPartners’ co-investments across cash, private credit, asset-backed debt, property, in combination with third-party alternative funds and assets.

To provide investors with diversification across the universe of alternative assets, the fund will have the following composition:

• Private credit: 0-30%
• Asset-backed credit: 0-30%
• Property credit: 0-30%
• Other assets: 0-30%
• Cash: 0-100%

No single asset will comprise more than 5% of the fund, which has an 8% to 10% per annum return objective and quarterly distributions. iPartners is raising $10 million to establish the fund.

Commenting on the launch of the fund, iPartners’ co-managing director Mr. Rob Nankivell said: “We’re delighted to launch this fund, which has been set up to meet growing investor demand for a basket of iPartners’ co-investments and private funds.

“To ensure a maximum alignment of interests, we will only invest alongside other professional and Institutional investors who have principal positions in the underlying assets,” he said.

Portfolio Manager, Travis Miller says "Our goal is to build out the iPartners Investment Fund as one of the most diversified private credit funds in the Australian market. We can do this with the unique skillset and experience across the team plus our approach to cover the full breadth of alternative credit solutions. Additionally, our fund/legal due diligence, in-house FinTech capabilities and strength of our local market networks helps us source and filter the highest quality investable assets and partners."

The three-person investment committee has extensive experience in successfully identifying and managing alternative assets.

It comprises Travis Miller CFA, iPartners' Co-Managing Director, who has a 17-year history in financial markets. Before co-founding iPartners, he was previously managing director of UBS Investment Bank and a director at Deutsche and ANZ.

iPartners' Co-Managing Director Rob Nankivell is also a member of the committee. Mr. Nankivell has spent 25 years working with some of the most distinguished names in financial services including CBA, JP Morgan, Longreach Global Capital, Macquarie, and VentureCrowd.

iPartners Chief Operating Officer Chris Reade is the third member of the team. Mr. Reade has more than 20 years’ experience working in senior product structuring and transaction execution roles with CBA, Nikko and UBS Investment Bank.

All three bring their stellar knowledge of financial markets, fixed interest and alternative investments to their roles.

To find out more about the fund and to apply for units in the fund, register for deal room access at ipartners.com.au.