Pallas PFTNZ Feeder Fund
9.60% p.a.
Exposure to a securitised lending facility (Est. 2022) with a diversified and seasoned portfolio, and now majority funded by Westpac New Zealand.
Pallas Senior Mortgage Fund
10.10% p.a.
An actively managed portfolio of registered first mortgage loans secured against New Zealand and Australian Commercial Real Estate (CRE).
Our Strengths
Conservative LVRs
Secured by quality New Zealand real estate, our debt instrument investments feature conservative LVRs generally below 65%.
Experienced Borrowers
We thoroughly assess borrower competence, experience, reputation, and sponsor quality in addition to primary security property value.
Strong Security
Our loans are supported by First and/or Second Mortgages, along with guarantees from borrowing entity Directors.
Geographic Selectivity
We target areas with strong demand and proximity to infrastructure, amenity, or emerging trends for investment.
In-house Expertise
Our local team includes a diverse range of experience ranging from banking, development, and funds management with the ability to understand complex lending requests and structure bespoke solutions.
Unblemished Track Record
We have not lost a single dollar of investor capital or interest entitlement since inception.*
*Please note: Past performance is not a reliable indicator of future performance.
Diversified Funds
NB. The BKBM Benchmark represents the mid-rates for Prime Bank eligible securities that are traded in the local New Zealand market and administered by the New Zealand Financial Benchmark Facility (NZFBF), a subsidiary of the New Zealand Financial Markets Association (NZFMA). Pallas observes, (to two (2) decimal places), the 30 day BKBM Benchmark, at or around 10:30am (Auckland time) on the 1st day of each calendar month, and applies this rate for each distributable monthly period. Refer to Information Memoranda for detailed Fund information, fees and costs, commercial terms and investment risks.
Contact our distribution team to discuss how our range of current opportunities may align with your portfolio requirements.
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