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We have been made aware of a scam that involves individuals fraudulently representing themselves as employees of Barrenjoey to pitch fake investment services to members of the public. Barrenjoey does not offer any investment services to the public and anyone who is approached by any individual purporting to be from Barrenjoey should report the matter to ASIC or their local police as soon as possible. For further information regarding protecting yourself against scams, please visit the ACCC’s Scamwatch website.
Barrenjoey Asset Backed Income Fund

Expressions of Interest (For Professional and Wholesale Investors)

Barrenjoey Private Capital Management Pty Limited (ACN 636 972 480) (Barrenjoey) (Corporate Authorised Representative of Barrenjoey Private Capital Nominees Pty Limited (ACN 658 384 171), holder of AFS License No.556003) is pleased to offer investors the opportunity to participate in the Barrenjoey Asset Backed Income Fund (the Fund).

The Fund invests in asset backed notes and securities issued by Australian financial institutions (principally non-bank lenders).

The Fund aims to deliver strong risk adjusted returns in a diversified portfolio of asset backed debt investments.

Any investment carries risk. An investment in the Fund should only be made after careful review of the information memorandum prepared to provide information for investors considering an investment in the Fund (Information Memorandum) and the summary of risks included in Section 5 of the Information Memorandum.
If you are a professional or wholesale investor register your interest and request the Information Memorandum here
Highlights

Target Return of RBA Cash Rate plus credit margin of 4.00% to 5.00% per annum (net of fees and costs) over the life of the Fund

Fund investments backed by highly diversified pools of underlying assets (represented by consumer and commercial loans)

Strong downside capital protection provided via loss absorbing features and investor protections present in securitisation funding structures

Alignment of interests, with management co-investment
Experienced Portfolio Management team with average 25+ years of experience
Consistent Fund performance since inception (May 2024) of 8.28% and last 12 months to 31 October 2025 of 8.68% 1.
1. Past performance is not a guarantee or indication of future performance. Performance is reported net of all fees.
Key Terms of the Fund 2

Size and Form

Open-ended wholesale unregistered unit trust with the objective to scale over time.

Open for applications by professional and wholesale investors monthly. Minimum commitment of A$100,000 or such lower amount as determined by the trustee of the Fund in consultation with the manager

Target Returns

Target Return of RBA Cash Rate plus credit margin of 4.00% to 5.00% per annum (net of fees and costs) over the life of the Fund

Investment strategy

The Fund’s core investment strategy is focused on investing in asset backed notes and securities issued by Australian financial institutions (principally non-banks) via private debt warehouse securitisation vehicles and residential / commercial mortgage-backed securities (RMBS / CMBS) / asset backed securities (ABS) issued in the public market or via private placement

Manager

Barrenjoey Private Capital Management Pty Limited, AFSL representative number 001296393

Liquidity

Redemption requests intended to be permitted on a quarterly basis commencing 30 September 2026

Pro rata limitations may apply including where redemption requests cumulatively represent more than 5% of the Fund’s NAV at a quarter end

Trustee

Evolution Trustees Limited, AFSL 486217

Distributions

Monthly distributions. Re-investment option

Sponsor / issuer profile

Non-bank financial institutions (NBFIs) with banks also in scope

Established issuers with good track record and sustainable credit risk disciplines 

Investment Assets

Subordinated loan notes issued via bankruptcy remote securitisation debt warehouses (private debt) and publicly or privately issued RMBS / ABS / CMBS3

Investments are secured and asset backed by highly diversified portfolios of consumer and commercial financial assets with a contractual obligation to pay creating the necessary cash flow in the securitisation structure

Fees

1.00% management fee per annum of the Fund NAV plus GST. Any upfront origination fees on transactions flow to Fund investors. Fund establishment costs currently being recovered at 2 basis points per month

2. Indicative and subject to change

3. RMBS: Residential Mortgage-Backed Securities.  ABS: Asset-Backed Securities (which exclude residential mortgage collateral). CMBS: Commercial Mortgage-Backed Securities.