Merricks Capital Partners Fund

The Merricks Capital Partners Fund is a private credit fund that invests in senior secured loans backed by hard assets across agriculture, commercial real estate and specialised industrial and infrastructure sectors.

A private credit fund pools investor capital to provide loans directly or indirectly to borrowers outside publicly traded debt markets. Returns may come from borrower interest and fees, after costs, but the investment carries credit and other risks.

The Fund’s strategy focuses on private credit opportunities across agriculture, commercial real estate and specialised industrial and infrastructure assets in Australia and New Zealand.

Senior secured lending generally refers to loans supported by specified security where the lender has a senior-ranking claim, subject to the transaction documents and any other creditor arrangements.

Private credit funds generally earn income from interest and fees paid by borrowers. Investor returns depend on fund costs, borrower performance, loan valuations and other portfolio factors.

Risks can include borrower default, capital loss, limited liquidity, valuation uncertainty, concentration and difficulty enforcing or realising security.