Latest Private Credit Fund News

Butn Limited reported a 5% revenue increase to $15.3 million in FY26, driven by strong platform growth and strategic simplification, while net loss widened 44% to $3.8 million amid higher bad debts and one-off costs.

Tungsten Mining has engaged Cutfield Freeman to lead debt financing efforts for its Watershed Tungsten Project, following a robust Preliminary Economic Evaluation and targeting a Final Investment Decision in September 2026.

Qualitas Real Estate Income Fund (ASX: QRI) posted a 6% rise in operating profit to $70.9 million for FY26, driven by portfolio growth and rising interest rates. The Trust raised $34.6 million via an entitlement offer to expand its mortgage-backed loan portfolio, maintaining stable distributions despite a modest unit price discount to NAV.

Microequities Asset Management Group saw a 20.1% drop in profit after tax for FY26, hit by sharp valuation falls in tech-heavy portfolios amid AI fears, despite a 1.5% revenue rise and a strong balance sheet.

Centuria Capital Group has launched the retail component of its $100 million entitlement offer, aiming to raise approximately $35 million. The equity raising supports expansion in AI infrastructure and real estate funds management.

Boab Metals has locked in a A$236 million syndicated loan split evenly between AUD and USD tranches to fund the Sorby Hills Silver-Lead Project, with first drawdown expected in Q3 2026 and production targeted for late 2027.

Associate Global Partners Limited reported a significantly reduced half-year loss and modest growth in funds under management, underpinned by strong inflows and strategic capital raising.

Butn Limited has reported its fifth consecutive half-year of revenue growth, underpinned by a $100 million senior debt facility and expanding platform originations. Despite a statutory loss, the company’s operational momentum and strategic initiatives signal robust growth prospects.

Revolution Private Credit Income Trust has launched a A$60 million institutional placement at A$2.00 per unit, aiming to bolster its investment in senior secured loans across Australia and New Zealand. The trust targets a net yield to maturity of 7.83%, emphasizing disciplined risk management and transparency.

360 Capital Mortgage REIT reported a robust half-year performance with a 40.5% increase in gross assets and a targeted 10.4% distribution yield for FY26, underpinned by disciplined lending and solid capital raising.

360 Capital Mortgage REIT has reported a near doubling of its half-year profit to $2.6 million, driven by a 70% surge in investment income, alongside a successful $16.6 million capital raising. The Trust maintains a strong balance sheet with stable net asset value and a diversified loan portfolio.

Boab Metals has locked in a A$236 million debt facility to advance its Sorby Hills Silver-Lead Project, marking a pivotal step towards production with a clean financing structure that preserves shareholder value.