Longreach Credit Investors (LCI) an Australian private debt investment management firm specialising in bespoke financing to Australian lower-middle market companies.
Changes to regulatory and prudential regimes has seen Australian banks reallocate their lending portfolios to assets that generate the highest return on equity, typically lending against property. This has resulted in a significant tightening, and in some cases a withdrawal of credit to other lending segments.
Lower middle-market corporates as a segment of the Australian business lending market have been acutely underserviced by major banks resulting in an undersupply of debt capital available to these borrowers.
The LCI investment team has proven expertise and experience originating, structuring and investing in direct lending, distressed credit and insolvency across multiple economic cycles.