Northleaf launches senior private credit fund in Australia

Toronto-based global private markets investment firm Northleaf Capital Partners will make a senior private credit fund - the NSPC AUD Investor Trust (NSPC Australia) - available in Australia via a partnership with Equity Trustees.

Equity Trustees will be the trustee and custodian of the trust.

The fund is available to wholesale investors and invests directly in the open-ended Northleaf Senior Private Credit (NSPC). NSPC invests in a highly diversified portfolio of senior secured loans to mid-market private companies in North America, Europe and Australia.

"We are delighted to offer Australian investors access to our senior private credit fund through a tax-efficient, open-end structure designed specifically for this market," head of private credit at Northleaf David Ross said.

"We look forward to working collaboratively with Equity Trustees and benefitting from their experience in this sector and their specialist expertise as trustees as we continue to grow our private credit program in Australia."