In line with TAMIM’s strategy of selecting best of breed investment managers, the TAMIM Fund – Credit unit class will seek to partner with industry leading private credit investment managers and loan platforms. The TAMIM Fund – Credit unit class provides investors with diversification across lending type, underlying security, counterparty and industry concentration.

The TAMIM Fund – Credit unit class invests into private debt and other credit opportunities with the aim of generating an income stream for investors. It is the role of the investment team to:

• Identify investment opportunities which meet the investment criteria
• Conduct analysis and due diligence of investment opportunities
• Undertake fund raising
• Monitor performance of investments and report on investments
• Manage investor relation functions and manage service provider relationships
• Corporate governance and risk management processes

TAMIM Credit Investments (TCI) will construct the portfolio by making investments through a variety of funds / platforms in Australia that source secured private loans and other credit opportunities. TCI will subscribe to each fund / platform on behalf of the Credit unit class.  TCI will carefully screen the fund / platform and select investments appropriately. This process will consist of undertaking rigorous due diligence on the credentials of the investment team, thoroughness of credit processes and ongoing monitoring and communication with the managers. The Credit unit class will have a portfolio with exposure spread across a diversified pool of loans and credit opportunities.  The aggregated funds of  investors are paid by the Tamim Fund – Credit unit class to the custodians or trustee of each fund / platform who will then advance amounts to the borrower or borrowers as selected by the fund / platform.

​The experienced investment team will conduct a rigorous and thorough due diligence process which includes the following:

• Have the team or business been able to generate a return historically utilising their lending process;
• Assess and understand the underlying performance of investment managers / loan platforms.

• Understand the complete credit and lending process;
• Evaluate the completeness and quality of the investment managers’ credit policies and procedures;
• Understand loan and borrower eligibility screening, loan approval process, loan administration, portfolio monitoring and reporting;
• Assess loan structures, security arrangements, default rates, geographic and industry concentration.

Credit unit class may invest into the following types of private debt opportunities (amongst others):

• Asset based lending
• Cash flow backed lending
• Corporate debt
• Real estate lending
• Opportunistic credit investments

The Credit unit class will only invest up to a maximum of 5% of its net asset value into loans that are not secured.

The strategy operates within the disciplined TAMIM risk control and governance framework. In addition to this, the Sub Manager of the TAMIM Fund – Credit unit class has appointed an Investment Committee to consider and approve all investment decisions.