Access Australian secured private credit through direct, transaction-by-transaction participation with Espada Capital.

Espada Capital is an Australian private credit and structured lending firm providing family offices, private banks and institutional investors with access to directly originated, real-asset-backed credit opportunities across Australia. **Investment proposition** • Investors lend directly to the underlying Australian borrower rather than through an on-lending fund structure. • Espada’s proprietary security architecture provides participating investors with beneficial rights to the underlying mortgage and associated security. • Opportunities are independently assessed and structured on a transaction-by-transaction basis. • Espada manages the full credit lifecycle including origination, structuring, due diligence, legal and security coordination, settlement, active loan management, investor reporting and repayment. • Core secured transactions generally target investor returns of **8.5%–12% p.a.**, with select structured and special-situation opportunities targeting **18%–20% p.a.**, depending on risk, security ranking and tenor. • Typical investment participation ranges from approximately **A$2 million to A$20 million per transaction**. **Established execution track record** Espada has delivered **100% of contracted investor returns across completed transactions to date**, supported by disciplined underwriting, active local loan management and a focus on capital preservation. Current and recurring opportunities span senior secured lending, structured credit, special situations, real estate, healthcare-related property, development, residual stock and selected real assets. **We are seeking long-term capital partners across Hong Kong, Mainland China and broader Asia who want repeat access to Australian private credit, rather than exposure to a blind-pool fund.** Qualified investors can meet directly with Espada’s Managing Partner to discuss investment mandate, target returns, security preferences and current transactions available for allocation.