Metrics Credit Partners strengthens Sydney team with new appointments
7th November 2019
Australia’s leading non-bank corporate lender, Metrics Credit Partners (Metrics) today announced four new appointments to its Sydney team following significant growth.
Managing Partner, Andrew Lockhart, said the new appointments would support the company’s continued expansion in the private credit market.
“Metrics is pleased to be growing its team to strengthen its services for both investors and borrowers,” he said.
“We welcome Julia Humphries, Nicholas Thomas, Jamie Donnelly and Calwin Tang to the Metrics team and look forward to their contribution across a range of key lending areas including corporate lending, private equity sponsored borrowers, project and infrastructure transactions and commercial real estate.”
Both Julia Humphries and Nicholas Thomas join as Investment Directors with 44 years of combined experience in the financial services sector. Julia previously held senior positions at UBS Investment Bank and Goldman Sachs. Nicholas joined from the Commonwealth Bank of Australia and before that spent 12 years in London with J.P. Morgan as Vice President of Risk, Technology Media and Telecommunications.
Jamie Donnelly joins Metrics as Legal Counsel, with a strong background in businesses including Westpac Institutional Bank, ANZ Banking Group and law firm, Allens. He brings specialist skills in property finance, leveraged and acquisition finance as well as deep knowledge in compliance and credit.
Calwin Tang joins as an Investment Analyst in Metrics’ loan administration and investor analytics team.
Since the launch of its first fund in 2013, Metrics has lent in excess of $7 billion across more than 250 transactions.
“As banks continue to face increasing regulatory pressure, they will no longer be the natural lenders to Australian corporates,” Mr Lockhart said.
“This is where Metrics can help corporate borrowers and debt capital, as well as providing both wholesale and retail investors with stable and reliable sources of income through defensive and alternative asset classes.”
Mr Lockhart said the corporate loan market was presenting attractive opportunities for investors in a record low-rate environment.
“Banks have slashed interest from cash accounts, term deposits and savings accounts and in bond markets, investors are paying higher prices for declining yields.
“We are seeing increased interest in corporate loans because, by moving just slightly along the risk curve from term deposits and traditional bonds, investors can obtain reliable returns of 4-10% for their portfolios,” he said.
Metrics Credit Partners has secured ratings in the A band for two of its loan funds despite a volatile year…