February 2023 Monthly Report
CAPSPACE PRIVATE DEBT FUND
Capspace Private Debt Fund invests in short to medium term loans focussed on
viable growing Australian businesses backed by real property security.
FUND PERFORMANCE FEBRUARY 2023 |
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Investor Return: 8% |
Since Inception: 8% |
Unit Net Asset Value |
CAPITAL PROTECTION |
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LVR This Month: 57% |
LVR Last Month: 58% |
% 1st Mortgages |
INVESTMENT PORTFOLIO |
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No. Loans: 41 |
No. in Arrears: 0 |
No. of Defaults: 0 |
Demand for Business Credit
Demand for business credit remains strong, albeit slowing from the record growth seen in 2022. (Refer chart below.) Capspace has started 2023 with a strong pipeline of borrowers looking for support to grow their businesses.
The strength of our borrower pipeline allows the Investment Committee to maintain the very high credit quality of our portfolio, by only approving loans to businesses with strong returns backed by real property security located in superior locations.
Selecting the best possible business loan transactions presented to us, along with providing outstanding service to our customers allows Capspace to continue to deliver stable well secured returns to our investors.