Dear Investors and Partners,
We’re pleased to advise that the ASIC Interim Stop Orders on the 12 Month and 2 Year Accounts of the La Trobe Australian Credit Fund have been lifted. The Fund is now open for investment. You can continue to invest and manage your account as usual.
La Trobe Direct, our investment platform, is also back online and fully operational.
Over the past few days, we worked closely with ASIC to meet their requirements and, as a result, we have made updates to our Target Market Determinations, which are now available on our website.
A video from our Chief Investment Officer Chris Paton – that explains the process and changes further – is available on our website. As part of our overarching commitment to transparency and communication, we’ll continue to post further updates to the website as they become available.
We continue to work with ASIC in respect of our USPC Fund (Class B), and will keep you updated in relation to this.
Looking ahead, La Trobe Financial is fully aligned with ASIC’s actions to lift standards in the private credit industry as well as its view on the importance of the private credit sector to the Australian economy. Private credit plays a vital role in supporting high-quality borrowers who may not be served by traditional banking channels, while offering investors access to diversified, resilient income streams. Thank you for your patience and ongoing trust.
For any questions, contact us on 1800 818 818.
Yours faithfully,
Chris Andrews
Chief Executive Officer
La Trobe Financial Services Pty Limited ACN 006 479 527 Australian Credit Licence No. 392385. La Trobe Financial Asset Management Limited ACN 007 332 363 Australian Financial Services Licence 222213 is the responsible entity of the La Trobe Australian Credit Fund ARSN 088 178 321, the La Trobe US Private Credit Fund ARSN 677 174 382 and the La Trobe Private Credit Fund (ASX: LF1) ARSN 686 964 312. It is important for you to consider the relevant Product Disclosure Statement (PDS) before deciding whether to invest, or to continue to invest, in a fund. Click here to view the PDSs and the Target Market Determinations or call us on 13 80 10 for a copy.
