Centuria Bass Credit set for growth

Alternatives asset manager Centuria Bass Credit has added a senior relationship manager to its private capital business to look after investor relations for the private capital business.

Alex Hayde arrives from Payton Capital, where he spent seven months in a similar role.

Hayde has had an extensive career across multiple financial service disciplines, having worked in stockbroking, investor relations, corporate advisory, and asset management.

Other previous roles include at Allianz Global Investors in London, where he managed the sales and investor relations for a suite of investment trusts, the Edison Group as account director for investor relations and New Zealand-based ASB Securities.

Hayde is Centuria Bass' third senior appointment within the past two months, reflecting the firm's strong growth trajectory and strategic market expansion.

Earlier this month, Tom O'Donnell joined as executive director from TOD Advisory, where he served as chief executive for seven years.

And late last year, Lachlan Tracey came on board as head of capital markets and co-head of execution.

Centuria Bass joint chief executives Giles Borten and Nick Goh welcomed Hayde to the fold, citing his valuable experience across funds management and investor relations, including cultivating relationships with wholesale and high-net wealth clients.

Commenting on the growth of the Centuria Bass workforce, the executives said when Bass Capital and Centuria Capital Group merged in April 2021, the real estate credit business included 13 personnel with c.$270 million FUM.

Today, the firm has 38 staff across our Sydney, Adelaide and Melbourne offices who manage AUM exceeding $1.5 billion and Centuria Bass sits within the wider Group's 400+ employee workforce and $ 21 billion platform.

"Our growth is not just headcount to support the volume of business, but Centuria Bass continuing to diversify both its loan origination channels and widening our high-net-worth client base," the chief executives added.

"We have a strong appetite to continue our upward growth trajectory, capitalising on the current market conditions where traditional lenders are tightening their loan criteria despite the pressing need for capital to support the sector

Centuria Bass was founded in 2016 and has grown to over $1.5 billion in funds under management, extending over 120 investments.

Since its inception, it has delivered annual returns of 11.8 per cent.