ASIC’s current deep dive into private credit isn’t a warning shot, it’s a recognition that the market has matured enough to warrant one. For serious managers and informed investors, this scrutiny is welcomed.  

Not all credit leads to the creation of value by the borrower. While lending is often seen as an engine of economic activity, the purpose behind a loan matters more than ever.

Joe Millward takes a deep dive into the Epsilon Direct Lending Fund, what segments we target and why 'constituents of return' are important. 

In private lending, experience is crucial, especially when navigating downturns that stress-test a business’s cash flows. In this interview, Joe Millward explains why investors should value a private credit provider’s lived experience to effectively manage risk.

In Australia, there are around 35,000 mid-market companies, each generating revenues between $25 million and $500 million. Joe Millward explains why the booming mid-market space is fertile ground for quality private lending opportunities.

Joe Millward explains the facts behind banks’ corporate lending and the opportunities Epsilon is taking advantage of. A common narrative in the world of private credit is that major banks are retreating from business lending, Joe challenges this view. 

Epsilon Co-Founder Joe Millward Appointed Chair of the Australian Chapter of Alternative Credit Council (ACC), an Affiliate of The Alternative Investment Management Association (AIMA). Epsilon Direct Lending has been a member and active participant with AIMA and the ACC since our inception. 

Expectations are that 2024 is shaping up to be a stronger year for M&A activity than 2023, and we are certainly seeing this in our investment pipeline.