Investments in loans secured by real assets including residential property, commercial property, land, hotels and agriculture.
The Merricks Capital Partners Fund provides investors with exposure to senior loans which are secured to Australian and New Zealand assets.
The portfolio loans cover a diversified range of assets including Australian and New Zealand residential property, commercial property, land, hotels, and agriculture and infrastructure assets.
The shareholders, directors and management of Merricks Capital co-invest alongside other investors in the Partners Fund. It has generated an average annual return of 12.7% pa since inception (as at 31 June 2019) with low volatility and a modest risk profile.
By: Jamie Gray Business Reporter, NZ Herald 5 Dec, 2019 Australian non-bank lender Merricks Capital says it has completed a $140 million refinancing of dairy…