Epsilon Direct Lending

🎯 What They Do

Epsilon Direct Lending is an Australian non-bank corporate lender and private markets investment manager, established in 2019 and based in Melbourne, Victoria. The company specializes in direct lending to support the growth of middle-market companies in Australia and New Zealand. It focuses on originating, structuring, and managing private market loans, particularly for companies seeking expansion through acquisitions.

📖 Their Story

Epsilon offers bespoke bilateral private loans, including senior, stretch senior, unitranche, and subordinated loans. Its flagship product, the Epsilon Direct Lending Fund, is an open-ended unit trust available to wholesale investors. The fund aims for a target return of BBSW + 6% per annum and has a diversified portfolio strategy.

⚡ What Sets Them Apart

Epsilon emphasizes capital preservation, predictable cash income, and a hands-on approach to portfolio management, ensuring rigorous credit due diligence and ongoing engagement with borrowers. The leadership team includes Co-Founding Partners Joe Millward and Mick Wright-Smith, along with Director David Elms and Head of Investor Relations Duncan Hodnett.