We are an Australian private debt firm.
An experienced and transparent partner with over 20 years investing in Australian mid-market private debt.
About
Causeway
Established in 2003, Causeway is an Australian-based investment manager of private debt strategies.
Led by a highly experienced senior management team (average 30+ years) with strong credit, analytical and loan structuring skills and extensive recovery, restructuring and workout experience.
$1.7bn+
Corporate loans managed
since inception
125+
Superfunds, foundations, family offices, wealth managers and HNWs amongst our investors
~$600mn
Currently in funds under management (FUM) and advice (FUA)
Australia-wide loan footprint
Our
Investment
Team
Mike Davis
Founding Partner
Rob Ranocchia
Senior Portfolio Manager
Tim Martin
Founding Partner
Tim Davis
Principal – Credit & Origination
David Zipparo
Head of Credit
Invest with us
Every investment decision we make as a team is informed by the significant experience we’ve gained over a combined 140 years, as well as through our business’s 20 years of operating in private debt/alternative asset markets.
Our focus is on the lower mid corporate market and larger SME segment given its size (around 60,000 businesses in Australia), breadth and lack of significant lending participants.
Private Debt Income Funds
- Senior Secured loans to the Australian Lower Middle Market
- Average return of over 10% p.a. net to investors since inception 2019
Dynamic Credit Fund
- Tactical investments across the credit capital stack in the Australian Lower Middle Market
- Fund Return of 12.93% p.a. net to investors since inception 2023
Other Products
- Causeway originates and manages other funds, single asset loan and note opportunities in the private credit space. Enquire to find out more
Enquire Now
Existing Investors
Our
Funds
An overview of our two core private debt funds from one of our founding directors
Causeway & Private Debt
in the Media
Unlocking funding for growth: One-day conference
Why these ‘medieval merchant bankers’ don’t play in property
Private credit jumps 45pc in five years and is threatening banks: Citi
Exclusive interview with founding director Mike Davis
Exclusive interview with founding director Tim Martin
Our
Loans
Seeking a private debt solution for your business?
Overview of our loans
- Annual revenues typically ranging from A$ 5 to A$300 million, typical loan size $2-25mn
- Terms typically ranging from 6 months to 5 years both amortising and bullet structures with focus on regular interest payments
- Loan types include:
- wholesale equipment finance
- inventory finance
- vendor finance programs
- trade receivables finance
- pre-securitisation warehouse finance
- working capital and acquisition finance
Borrower characteristics
- Experienced management team with demonstrated financial commitment to the business
- Years of operational experience in current or similar former business models
- Transparency of financial reporting and access to timely quality information
- Readily identifiable condition, location and value of underlying assets and collateral
- Well articulated description of business drivers and relevant value proposition
- Identifiable drivers for growth, understanding of competition and barriers to entry