Seller Details:
Revolution Asset Management (“Revolution”) is a leading boutique private credit manager with over $3 billion in assets under management, specializing in corporate debt, asset-backed securities, and commercial real estate debt across Australia and New Zealand. Combining disciplined underwriting with rigorous structuring, Revolution delivers compelling, risk-adjusted returns throughout market cycles, with a strong focus on capital preservation and income generation. Revolution is an investment manager partner of Channel Capital Group (“Channel”), who provides the core non-investment services for the firm and its strategies.
Buyer Details:
ColCap Financial (“ColCap”) is a leading Australian-headquartered non-bank lending group with over $19 billion in assets under management in Australia and the UK. With a vision to deliver financial opportunities for lending customers, distribution partners and financial investors across global markets, ColCap brings together deep expertise in residential property lending and funding with proven product innovation capabilities, making it a financial partner built to help people make financial possibilities happen.
Transaction Summary:
Revolution and ColCap agreed to a strategic partnership designed to expand access to alternative capital sources. Under the partnership, ColCap acquires a minority 14% shareholding in Revolution, while Channel converts its existing interest into a 25.8% shareholding. Revolution’s investment team retains majority ownership, ensuring continuity of leadership, strategy and alignment of interest with investors.
The partnership enables enhanced origination in institutional grade, Asset-Backed Securities, focusing on mezzanine and senior tranches, whole loans, as well as warehouse facilities. These assets aim to deliver regular income, diversification and capital protection, without exposure to subprime markets. Channel provides institutional-grade non-investment services to Revolution, including operations, client service, distribution, and marketing.