About

OCEANA FUNDS

Oceana Funds is a fully integrated funds management platform offering funding and partnership opportunities across a range of asset and classes.

We follow a set of principles in all our dealings reflected in our product offerings and offer fundraising, structuring, risk management, and underwriting.

Oceana Funds is a leading Australian alternative investment management firm with expertise in private credit and speciality real estate equity strategies.

We pride ourselves on delivering superior risk-adjusted returns via our structuring and diligence abiding by six core principles in all our strategies. Since inception, we have placed $1.5bn of financial products with high net worth and institutional investors and worked with business owners, management, and independent sponsors.

Oceana Funds is a fully integrated funds management platform offering funding and partnership opportunities across a range of asset classes.

David Lewis

Founder & CEO

OCEANA FUNDS

Oceana Australian Fixed Income Trust (OAFIT)

OAFIT is a private debt ABS (Asset Backed Securities) securitisation program. OAFIT has fixed income characteristics of regular distributions combined with structural subordination and credit enhancement features. We offer three tranches of Notes (A, B, C), and have a 7 year audited track record with a predominantly institutional investor base.

 

The underlying assets of the fund are short term receivables, centred largely around invoice financing, corporate lending, SME loans, and supplier finance.

Oceana Property Partners

Our investment focus spans across office, industrial and retail sectors along the Eastern seaboard and is driven by a targeted approach to solving tenant requirements and identifying market inefficiencies. Tenants sit at the centre of the OPP experience and result in the above average returns delivered.

OUR HISTORY

Since 2012, Oceana has successfully provided unique investment offerings to wholesale and sophisticated investors in Australia, Asia, North America, and Western Europe.

2012

Founded in 2012, Oceana provided private credit and structured equity investment opportunities to family offices in the UK and Australia.

Generated superior returns in the consumer, technology, and real estate sectors. Transactions include private to public market exits, funds management, high-yield loans, debt acquisition, management buyouts, and trade sales across Asia, Europe, and the United States.

2016

2016 formally partnered with the then FC Capital business to launch the Oceana Australian Fixed Income Trust (OAFIT), a unique private debt ABS securitisation program utilising credit enhancement strategies

Oceana’s principals join Board of Directors of FC Capital & Finstro Holdings, and Credit and Investment committees.

OAFIT ends its inaugural year with $70m of FUM.

2017

OAFIT onboards its first institutional investor and creates a listed Note program issued on Austraclear, Euroclear, and Clearstream with ISINs and Common Codes.

Institutional investor interest focused in South-East Asia and Korea. OAFIT creates its zero-coupon bond program resulting in $230m of FUM by calendar year end.

First independent due diligence report mandated by North American banking investor

2018

Finstro Holdings was established and legally separated from FC Capital but co-located to ensure synergies and cross pollination. Finstro is a leading financial technology enabled lender with the systems and architecture to support scalable receivables management.

Sustained institutional investor interest facilitates growth of OAFIT and underlying asset base, $350m FUM milestone achieved.

2019

OAFIT on-boards significant US institutional investor, an endowment fund, providing the catalyst for OAFIT’s strategy to diversify the institutional investor base with a North American focus.

OAFIT’s sustained growth delivers $450m of FUM and its 4th year of audited track record.

OAFIT and its affiliated borrowers support >100 FTE and provide investors access to award-winning proprietary financial technology, architecture & systems, credit enhancement, and market leading risk adjusted returns.

2020

Oceana Funds is conceived following the sustained success of OAFIT, Oceana expands its funds management business to explore related sectors and funds with defined partnerships and structuring opportunities.

OAFIT grows to $600m FUM with an institutional investor base bias.

Return of independent due diligence program with leading accounting and advisory firm, regular reports continue today.

Oceana Property Partners (OPP) concept formalized.

Reprofile of institutional investor base into North America and 5th year of OAFIT audited track record. $500m of FUM.

2021

OAFIT, 6th year of audited track record.

Oceana Property Partners (“OPP”) officially launched.

Exchange and settlement of founder OPP assets, fully subscribed industrial and commercial property syndications.

OAFIT achieves $1.5bn of Note issuance since inception, $800m returned to investors over the same period.

OAFIT restructures appointing independent Trustee & Security Trustee, the Bank of New York Mellon.

OAFIT onboards some of the world’s largest credit funds and asset managers into its capital table.

Oceana Funds launches new website, investor communications, and independent due diligence protocols.

2022

Oceana Licensee receives its Australian Financial Services License (533233) and Oceana Management is appointed Manager of OAFIT.

OPP launches its own website and gains market presence and footprint.

OAFIT reprofiles Payment Waterfall confirming alignment with subordinated Noteholders.

OAFIT concludes US capital raising with institutional investment across its capital structure, A – C Series and sustained institutional interest. OAFIT FUM surpasses $700m.

OPP concludes its largest equity raise to date, and acquires Sydney mixed-use asset, 15 Orion Road, Lane Cove West NSW. A landmark transaction for OPP.

Oceana Funds opens a London office to expand into the UK non-bank lending market.

CORE CAPABILITIES

Differentiated approach and origination platform.

  • Offices and representation in Sydney, Melbourne, New York* and Los Angeles.*
  • Deep industry relationships with originators, award-winning technology infrastructure, institutional investor and distribution partners in APAC and North America.
  • Partnership with market leading originators, sponsors, and service providers at the core of all strategies.
  • Strong track record and reputation for product and superior risk adjusted returns.* US offices via referral partners

Disciplined underwriting standards.

  • 10-year track record in investment management.
  • 6-year track record in private credit and best of breed risk adjusted returns.
  • Underwriting and risk management at the forefront of any product or investment opportunity.
  • Relevant industry experience, structuring, and credit enhancement, key value drives for partnerships.

Diversified private credit and investment platform.

  • OAFIT offers investors access to the full range of private credit in one securitised product.
  • OPP provides property equity participation with debt characteristics of yield and underwriting focus.
  • Further investment opportunities coming soon.
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ESG & RESPONSIBLE INVESTING

Oceana Funds is committed to being a responsible cooperative citizen and fostering responsible environmental, social and corporate governance (ESG) practices in our own business and encouraging the same in the businesses we partner with.

Oceana Funds acknowledges that in recent years there has been a growing preference for accountability outside the realms of financial performance. Individual and institutional investors have grown wise to a global focus on sustainability; they are looking for disclosure of and action on environmental, social and governance (ESG) risk.