Revolution AM secures UniSuper mandate

Yasmine Raso

Senior Journalist

19 April 2023

Revolution Asset Management has won a mandate from UniSuper to manage the superannuation fund’s Australian and New Zealand private debt portfolio.

Revolution’s separately managed portfolio focused on private debt aims to provide steady income from “senior secured loans with the most compelling relative value across corporate leveraged loans, private asset backed securities, and real estate loans (excluding construction or development)”.

The portfolio was returning 9.6 per cent as of 31 March, overperforming the stated target of cash plus four to five per cent p.a. (net of fees and expenses).

“I am delighted on behalf of the team at Revolution Asset Management to have been appointed by a super fund that has a long and proud history of managing the retirement savings for generations of Australians,” Bob Sahota, Chief Investment Officer at Revolution Asset Management, said.

“Private debt has been an important component of institutional and wealth portfolios, and in the current uncertain environment can help to further diversify risk and deliver stable income. We look forward to a long and mutually beneficial relationship that will grow over the coming years.”

Revolution also noted that its focus on more established non-bank lenders with the scale and access to debt and equity capital means its portfolio is well positioned to perform even in a recessionary period.

The firm also said they honed in on “lending to companies that occupy market leading positions, with high barriers to entry and transparent cashflows, which sustain through the market cycle in leveraged buyout senior secured lending”.