Private credit giant Metrics, which has taken control of Rockpool, has published new disclosures about the makeup of its loans and equity investments to counter market criticism about transparency in Australia’s booming private lending sector.
The reports detail how Metrics has never written down the value of loans in its Metrics Opportunities Trust, despite the fact nearly 9 per cent of the loans are either under enforcement action or being restructured. They also document how strategies under Metrics’ watch are taking on private equity-like dimensions.
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