AFR: Ex-Pinnacle executives line up Dinimus [now Privity Credit] in private credit push

01-Aug-2024

Sydney, Australia – 1 August 2024 – Dinimus (now Privity Credit) is in discussions with GP staking private equity specialist firm, Scarcity Partners, to sell a minority stake in its business.

The article discussed that Dinimus, established in 2010, has underwritten $800 million in loans with low double-digit returns, making it a key player in Australia’s $188 billion private credit market, which has surged in recent years due to strong demand from businesses and investors. Scarcity Partners, founded by former Pinnacle executives, is advancing towards its second key investment.

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