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A $2.8b Melbourne private credit stalwart finds itself in Bathla mess
The long tail of lenders caught up in the $3.3 billion collapse of the Sydney property development giant extends far beyond NSW to a low-profile Victorian firm.
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Timeline cronologica
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Bathla collapse exposes private credit investor’s perfect storm
The industry emerged in the 2010s with rising property prices and cheap money. Now it faces its first test with higher interest rates and a housing downturn.
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Bathla lenders feel a GFC-like vibe as asset values head south
Ray White Capital, one of the most exposed credit funds, said it expected to recover its investment, but the outlook for many development sites was dire.
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A $2.8b Melbourne private credit stalwart finds itself in Bathla mess
The long tail of lenders caught up in the $3.3 billion collapse of the Sydney property development giant extends far beyond NSW to a low-profile Victorian firm.
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Money in private credit? Investment advisers on what to do after Bathla
For the past year, ASIC has been cracking down on how private credit funds are marketed to the public. Here’s what you need to know.