1
Fund Highlights
Designed to deliver repeatable income.
The Privity Private Income Fund is focussed on producing sustainable income and the preservation of investor capital.
We do this via a portfolio of well-diversified, appropriately geared and robustly structured secured and asset backed loans to Australian and New Zealand corporates, typically mid-sized privately held, family owned businesses. We originate the Fund’s loans through our established network of trusted partners then have the potential loans independently assessed before finalising the transaction. These independent valuations coupled with the Fund’s “Superior” rating from SQM Research are part of our commitment to transparency.
Industry leading investment performance.
A track record of generating above target returns for investors since 2013.
Experienced investment team.
Through-the-cycle lending experience in Australian and global markets.
Focus on generating income and capital preservation.
The Fund offers monthly cash distributions and targets a total return of 8%–10% p.a.
Strong, independent rating of the Fund.
Providing investors confidence in the transparency and quality of the investment process.
Signing the loan agreement is not the end of the story. It’s the beginning.
We take an active approach to managing our loans. This includes:
Monthly monitoring
Monthly monitoring of clients giving us real-time insights on borrower’s financial health.
Board observer rights
Board observer rights where we can gain visibility and input into decision-making.
Living and breathing documentation
Living and breathing documentation that can change to better cover loan terms and covenants as the borrower’s business operations change.
Hands-on support
Hands-on support for our borrowers should they face challenges because the right advice provided early can be invaluable.
Dynamic pricing-to-risk
Dynamic pricing-to-risk that allows us to adjust the pricing, terms, and structure of the loan if the risk profile changes.
Alignment between borrowers and investors
Alignment between borrowers and investors so all stakeholders’ interests are prioritised.
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Investment Strategy
Secured loans for corporate borrowers
The Fund provides direct medium‐term secured and asset backed loans to corporate borrowers which are registered in Australia or New Zealand or where a material part of the borrower’s business is in Australia and/or New Zealand.
Selection is based on activity in the corporate credit market underpinned by the individual strength of each opportunity, whilst focusing on the diversity of borrowers, industries and asset classes. The loans are typically for 2-3 years, highly structured with a comprehensive set of financial covenants, regular financial and business KPI reporting, robust security package and bank-standard documentation (APLMA). We continually monitor our loans through active portfolio management which includes monthly monitoring, Board observer rights and hands-on support for our borrowers.
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Investment Objectives
A flexible solution tailored for growth with the Privity Private Income Fund.
The Fund is focused on the preservation of investor capital via appropriately geared and robustly structured secured loans.
It aims to further ensure capital protection via a well‐diversified portfolio of credit exposures, whilst providing monthly investment cash (subject to cash availability) returns.
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Returns Achieved
Data-driven insights on fund success
Our graphs highlight returns, risk management, and portfolio diversification, helping guide your investment decisions.
60
%
Average loan to secured collateral
The average loan to secured collateral ratio for Privity Private Income Fund, reflecting its conservative lending approach.
$
800
m+
Funds deployed to date
We’ve deployed over A$800 million to date, demonstrating our scale and impact in the corporate credit market.
Growth of $10,000 since inception*
Sector allocation
* Illustrates performance metrics of Privity Private Income Fund – Wholesale Units for the financial year ending 31 August 2025. Inception date is 14 September 2021. Calculations are based on exit price, net of management fees and expenses and assumes reinvestment of distributions. Past performance is not a reliable indicator of future performance.
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Fund Facts
Fund Details
The Privity Private Income Fund is designed to provide wholesale clients with compelling investment opportunities in corporate and asset backed loans across Australia and New Zealand.
8
–
10
% p.a
Total target return
Over a rolling period of 3 years net of fees.
30
+
Target positions
| Average loan to secured collateral | 65% |
| APIR Code | AMT2564AU |
| Fund rating | SQM “Superior” |
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Research report
We are rated by SQM Research as Superior
The Privity Private Income Fund (formerly DCF Private Debt Fund IV-B Class A Units) (the “Fund”) is an unlisted, open-ended Australian-managed investment scheme that is not currently registered with ASIC, offering investors an opportunity to gain access to the corporate credit market.
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Investor Access
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Investor Login
For wholesale clients only, gain access to our investor portal for the Privity Private Income Fund. Sign in to explore detailed fund information and track your investments.
