Private corporate lending & the impact of rising rates on credit markets | Joe Millward

Joe joins Murdoch to discuss the origins & nuances of the corporate lending environment & the impact of rising rates on private credit.
Murdoch Gatti

York Wealth Management



In today’s ROCast, Murdoch sits down with Joe Millward, a founding partner and portfolio manager for Epsilon Direct Lending. Joe joins us to discuss the origins and nuances of the strategy, the corporate lending environment, and the impact of rising rates on private credit markets.

The fund is an Australian based, non-bank corporate lender and private credit manager, which specialises in providing loans of AUD $10m - $50m to Australian mid-market corporates for growth purposes. Epsilon targets an income return of 8.5% p.a. and as of 31st of August the monthly return was 86 basis points. The fund has a 90-day duration, current liquidity is at 20 months and according to Moody's, the funds’ credit rating is BB.


Performance update by Epsilon | August 2023:
Performance update by Epsilon | August 2023:

I think you will really enjoy the discussion with Joe, and you may find his thoughts on lending for growth purposes and how it differs to other private credit lending very insightful.


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Murdoch Gatti
CEO | Private Wealth Manager
York Wealth Management

Murdoch: Adviser & CEO @ York Wealth Management. 'The Rate of Change' podcast shares the insights of some of the brightest minds in asset management. ...

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