iPartners in the Media


Wholesale fund to focus on alternative investment debt

AVCAL Journal


Wholesale fund to focus on alternative investment debt

Alternative investment firm iPartners has launched a new fund to provide wholesale investors with exposure to alternative debt investment opportunities offered to its investor network. The iPartners Investment fund is seeking to raise an initial$10 million.

iPartners was established in2017 by investment bankers Travis Miller, formerly of UBS, Deutsche Bank and ANZ, and Rob Nankivell, formerly of JP Morgan, Macquarie and CBA. Prior to the establishment of iPartners, Nankivell also gained experience of operating an online investment business as chief executive of equity crowdfunding company VentureCrowd.

With iPartners, Miller and Nankivell set out to exploit the tailwinds of growing interest in

alternative assets flowing from the low-interest-rates-for-longer scenario, and of self-directed investment becoming more accessible through advances in technology.

Their objective from the start was to develop an online platform that would simplify alternative investments, primarily in credit, for wholesale investors, Nankivell said. Miller said iPartners had no problem in gaining investor interest as the founders’ combined “old-school” networks provided a ready market.

The challenge was in developing technology to make transactions simple, Nankivell said.

“Technology is where most of the capital investment has gone so far,” he said. “It is still the biggest spend per month as we continue to develop the platform with the input of users.

“We wanted technology that would be sophisticated enough to provide investors with exposure to a broad range of mainly fixed interest assets but simple enough for an investor to be able to operate from a mobile phone. We wanted it to be possible for an investor to log on to an opportunity on his phone as he boarded the Rose Bay ferry at Circular Quay and to have completed the transaction by the time he was ready to get off. That was the test.”

The platform now has about 4,000 registered users and to date has enabled more than 50 transactions which have raised a total of more than $200 million. Most of these investments have been components of larger deals ,many worth more than $20 million.

Essentially, the platform provides wholesale investors with direct access to institutional grade alternative investments as co investors  alongside reputable partners. They invest alongside the founders who take stakes in all the investments they accept onto the platform.

Investments are converted into units in the iPartners trust with the trust then making a single investment in each specific opportunity.

Current investments and unit prices can be viewed on an investor’s dashboard. An investor

can also access a secondary market module to resell investments to other investors on the platform, a function which provides some  liquidity.

For capital raisers, the iPartners platform provides a streamlined process for raising capital.

iPartners is mainly exposed to infrastructure and property but has built up exposures across

other asset classes including asset-backed loans to medium and small businesses.

Miller said the team had stretched the envelope in business lending by developing a structure which had enabled it to become the market leader for debt investment in emerging consumer finance businesses.

The structure was pioneered for Edstart, a fintech which partners with private schools to provide fees payment plans to parents. A separate entity was set up by iPartners to finance the loans to parents. That entity receives the interest on the loans and pays interest on the facility to iPartners before profit flows to Edstart.

A higher interest rate is charged on the facility than would be charged by a banking institution, Miller conceded, but he said it had enabled Edstart to establish a credit

warehousing operation before this would have been considered by a banking institution.

But with a high exposure to debt secured by property, is iPartners really making alternative


Australian Private Equity & Venture Capital Journal

March 2020

Fintech iPartners in private funding round

iPartners Capital Raise

A pair of former investment bankers are seeking backers for their fintech business which is designed to open up alternative asset classes to high net worth investors.Travis Miller, a former managing director at UBS in Sydney, and ex-Macquarie and CBA banker Rob Nankivell are in front of high net worth investors this week pitching their business, iPartners.

Investor led start up targets Capital Markets Niche

Intereview with Structured Credit Investor

Travis Miller, co-founder and joint md of iPartners, answers SCI’s questions

Q: How did iPartners become involved in the market?

A: We were observing a broad range of fintech firms launching with a technology and product focus which struck us as a “build it and they will come” approach; it was not obvious that any were investor focused.

iPartners first to securitise private school loans in oversubscribed offer

Edstart Securitisation

Investors can now make up to a 12 per cent annual return helping parents like Louise Carriage.

iPartners launches second $9m fund

New Online Investment Platform

New online investment platform, iPartners Pty Ltd, has launched its second offer to investors with a proposed $9 million, end value, property development planned in the Hunter region of NSW.

iPartners' investment opportunity is a 46-lot residential development on 3.68 hectares in the Lower Hunter Valley growth corridor in Gilleston Heights.

Rouse Hill Investment Opportunity Closer


iPartners' first investment opportunity,a 48-lot residential development on two hectares in Sydney's Rouse Hill, has closed within two weeks with a $3.3 million equity raising in a special purpose trust to acquire a 49 per cent equity stake in the development.

David Baxby backs ex-Bankers

iPartners Launch

The investment management industry may seem a little crowded already but that hasn't deterred former bankers Rob Nankivell and Travis Miller.  Street Talk understands they have started new investment firm iPartners with a target of raising up to $75 million from sophisticated and wholesale investors looking to plough money into a range of assets, including equities and property development.