Wingate

Wingate Corporate Investments and Keyview Financial Group have become the exclusive senior secured lenders to Next Gen Health & Lifestyle Clubs (Next Gen), the premium operator of lifestyle clubs across Australia and New Zealand. The facility refinances Next Gen’s existing debt facilities and provides additional runway to execute on growth initiatives. We look forward to working with Next Gen.   The transaction highlights Wingate and Keyview’s ability to structure a bespoke and flexible financing solution tailored towards a specific corporate borrower and situation, whilst retaining the priority of investor capital preservation and downside protection. Thank you to all advisors involved in this refinancing transaction Hamilton Locke, 333 Capital and Gadens

Last Thursday, we hosted our Annual Private Client Lunch with JLL and our exclusive media partner Ready Media Group. In a room of 400 attendees, keynote speaker Geoff Harris – an entrepreneur and philanthropist – shared his remarkable journey and the power of embracing uncertainty to drive real business value. Our panel featuring Jane Kelly (Urbis), Christopher Lucas (LUCAS Restaurants), and Lord Mayor Nick Reece tackled the big questions facing Victoria today, sparking honest discussions about challenges, opportunities, and the path to making our state thrive. Together, we raised $14,600 for the Pancare Foundation, helping to support families, raise awareness, and fund research into upper GI cancers. A huge thank you to our prize sponsors: Travelcall, Levantine Hill Estate, and LUCAS Restaurants. Karin Mowlem, CFA Mark Harrison Josh Rutman Andy Ridings Emily Taverna Jarinda Wilson

Wingate launched its first Corporate Credit Fund (WCCF1) in August 2020 and in August 2024, the fund’s final investment was fully repaid, delivering net annualised returns of ~11.2% p.a. for investors (pre-tax, post all fees and expenses) and surpassing the initial 10% target return. “The Wingate Corporate Credit Funds provide our co-investors with access to attractive mid-market, secured credit opportunities across Australia and New Zealand” said Selwyn Schroeder, Wingate’s Corporate Investment Managing Director. “The success of WCCF1 further validates our track record and capacity to manage credit through the cycle.” Looking ahead, Selwyn added, “We are preparing to launch the Wingate Corporate Horizon Fund, an evergreen, open-ended fund focused on direct lending and structured credit. This new fund will provide co-investors with access to a diversified portfolio of corporate and specialised lending opportunities, targeting returns of 1-month BBSW + 6% p.a. (pre-tax, net of all fees and expenses).” Read more below and for important information https://lnkd.in/ghD5TbBs Daniel Shap Elliott Richardson Dexter Grogan Sam Cohen Corey Dawson Daniel Max

Recently, some of our team members used their annual volunteering day to support local organisations making a real impact. In Sydney, our team joined Foodbank Victoria to help pick and pack orders in their distribution centre, aiding in the fight against hunger and supporting vulnerable communities. Meanwhile, our Melbourne team partnered with Ready Set, setting up for a fundraising clothing sale, with proceeds going towards providing life-changing support – clothing, coaching, and connection – for those facing employment challenges. A big thank you to everyone who dedicated their time and energy to make a difference. Shakira Dharmasena Emily Taverna Sally Chen Adam Peterson Karin Mowlem, CFA Richard Vidaic Maddy Stenniken Vanessa Pham, CFA Lee Dransfield Chris Alder

Wingate is delighted to announce our Wingate Property Senior Debt Feeder Fund is now available via Macquarie Wrap. Nick Tortorella, CFA Joel Rosen Camilla Byrne Gideon Rozner Sally Chen Kevin Ngan Aidan Kelleher Vanessa Pham, CFA Natasha Wood Joshua Biggs Kane Scriha Adam Peterson 

Wingate was delighted to sponsor the Young AICC 2024 Property Panel last week. The panel featured speakers Karin Mowlem, CFA Director, Property Analysis and Risk, Wingate, Charlie Buxton CEO, Cadence Property Group, and Chris Lock Founder and CEO, IP Generation. Together they reflected on the past two years of high interest rates, elevated inflation, and rapid market shifts, while looking ahead to predict potential developments for the next two years. It was an insightful evening filled with valuable discussions that explored both the challenges and emerging opportunities in Australian real estate. Thank you to everyone who joined us for a successful event. Zachary Braun Andrew Perkins Sally Chen Gad Woolfson Ben Levin Maddy Stenniken 

Last month, Wingate was delighted to host financial and wealth advisors in our Melbourne office for our latest Advisor Series, The Private Frontier: Understanding Private Credit and Private Equity. Moderated by Farrel Meltzer, Founder and CEO of Wingate, the panel discussion featured Selwyn Schroeder, Managing Director of Corporate Investments at Wingate, Steve Gledden, Partner at Straight Bat Private Equity and Daniel Minihan 闵德南, Head of Private Clients at SW Accountants & Advisors. You can now read our special report - written by Damon Kitney - on our website. https://lnkd.in/gQmqeKuZ Thank you to all who attended. If you are interested in finding out more about Wingate’s advisor series, please email Adam Peterson: apeterson@wingate.com.au #privatecredit #privatedebt #wingate20

It is with great sadness and a very heavy heart that we learned that our friend and colleague, Joel Rembach, succumbed to his courageous fight with Oesophageal Cancer on 22 October 2024. Joel joined Wingate in September 2022, making an instant impact as he built out our new Technology team and spearheaded the delivery of our technology platforms to change our business for the better. His passion for all things technology was evident immediately, but far beyond the inspirational leadership and contribution he brought to Wingate, Joel endeared himself to all of us through his love for people. Joel would regularly be found in the kitchen talking to anyone and everyone about any number of topics, particularly those pursuits he held dearly, including cricket, football, travel with his family, movie making, music festivals, giving to the community via his numerous volunteer roles, and, of course, his progress towards completing the Melbourne half-marathon this time last year, just weeks prior to his diagnosis. His loss is a devastating blow to not just us but friends, colleagues, both past and present, community members and above all, his family. Joel will be deeply missed by all of us here at Wingate and well beyond, may he rest in peace.

Wingate’s Head of Research, Andrew Perkins, has just released Edition 30 of the Wingate Property Research Digest. The digest is a resource dedicated to simplifying the intricacies of the Australian property market, offering a curated selection of in-depth analysis on market trends.   Please email Andrew at aperkins@wingate.com.au if you would like to be added to our distribution list. Read more here: https://lnkd.in/gnfVf3HV

Wingate, in partnership with another leading global investment manager, has syndicated a $238 million Senior Debt Construction Facility for Sunnyland Investment Development Group (SIDG). This facility supports the development of Park Quarter, a luxury residential and hotel developed on Melbourne’s iconic St Kilda Road. The 18-level development will feature 204 premium residential apartments and a 216-key apartment hotel. Read the full press release here: https://lnkd.in/gFZDD4U4 Mark Harrison Samantha Zhou Nick Jacobson Karin Mowlem, CFA