Home Consortium Ltd (AU:HMC) has released an update.
HMC Capital Limited has successfully completed the acquisition of Payton Capital Limited, a move that positions the firm to grow its private credit fund management, targeting a future AUM of $5bn+. Payton, already managing $1.5bn in CRE loans, benefits from new financing facilities from UBS and Goldman Sachs to fuel further growth. Alongside real estate credit, HMC is diversifying into corporate credit, recruiting a specialist investment team to capitalize on Australia’s burgeoning private credit sector.
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