The Revolution Private Debt PIE Fund (NZD) (the ‘Fund’) provides New Zealand wholesale investors with exposure to Revolution’s Australian and New Zealand private debt strategy, established in December 2019 and previously accessible only to Australian investors. Established as a Portfolio Investment Entity (PIE) Fund, it provides indirect access to a portfolio of senior secured loans across the private corporate loan, real estate debt and asset back securities markets.
Investment Manager
Revolution Asset Management
Investment Policy and Objectives
The Fund, through its investment in the Revolution Private Debt Fund II (the ‘Underlying Fund’) is designed to generate risk-adjusted returns while offering potential diversification benefits with low correlation to traditional public markets, helping to reduce overall portfolio risk and enhance capital stability.
The Fund targets an annual return of the RBNZ Official Cash Rate (‘OCR’) plus 4% to 5% p.a. (after fees and before tax) and aims to achieve this return with low volatility and with the benefit of having security over the underlying assets.
Investment Strategy
Provides exposure to the Australian and New Zealand Leveraged Loan (private company debt and Leveraged Buyout debt), Commercial Real Estate loan and Asset Backed Securities (ABS) markets through investment in the Revolution Private Debt Fund II (‘Underlying Fund’).
Benchmark
RBNZ Official Cash Rate (‘OCR’) plus 4% to 5% p.a. (after fees and before tax).
DISCLAIMER: The Fund is available only to persons who are 'Wholesale Investors', as defined in clause 3(2) and 3(3)(a) of Schedule 1 of the Financial Markets Conduct Act 2013 ('FMCA') or to persons who are not otherwise required to receive disclosure under Part 3 of the FMCA. If you are a Wholesale Investor, as defined by the FMCA, the usual rules do not apply to offers of financial products made to you. As a result, you may not receive a complete and balanced set of information. You will also have fewer other legal protections for these investments. Ask questions, read all documents carefully, and seek independent financial advice before committing yourself.
