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Metrics Credit Partners
Metrics Credit Partners was founded in 2008 by Andrew Lockhart, with Nicholas Clarke serving as Chief Investment Officer and Andrew Trevorrow heading...
Metrics Credit Partners
Metrics Credit Partners was founded in 2008 by Andrew Lockhart, with Nicholas Clarke serving as Chief Investment Officer and Andrew Trevorrow heading origination. The firm emerged during the post-GFC period when Australian banks retrenched from mid-market corporate lending, creating an opening for non-bank credit specialists (public record). The firm deploys capital across three primary strategies: direct corporate lending to Australian middle-market companies, infrastructure and energy debt, and real estate credit. Its asset-class mix covers senior secured loans, subordinated debt, and mezzanine financing, typically targeting asset-backed borrowers in manufacturing, construction, services, and renewable energy. Geographic focus is solely Australia, with a bias toward recurring-revenue and regulated businesses. Named investments include a 2023 infrastructure loan supporting a renewable energy project in New South Wales and a 2024 real estate credit facility for a commercial property developer in Victoria (per public filings, 2024). Metrics Credit Partners operates from offices in Sydney and Brisbane, employing a team of credit analysts and origination specialists. It does not report AUM publicly, though industry estimates place total assets under management in the A$5B–A$10B range (Altss estimate). The firm maintains no separate philanthropic foundation or operating-company structure; it is a standalone Australian Financial Services licensee (AFSL) focused solely on credit management. No recent operational event from the last 24 months is verifiable beyond ordinary-course lending activity. The firm's structural differentiator is its exclusive focus on Australian mid-market private credit, a niche that remains under-served by the country's four dominant banks. Metrics does not operate as a multi-strategy manager or engage in equity investing, maintaining a disciplined mandate that source from direct origination and co-investment partnerships with institutional investors.
General information
Firm type
Private Credit Manager
Year founded
2008
AUM
A$5B–A$10B (Altss estimate)
Location
Region
Oceania
Country
Australia
City
Sydney
Corporate office
Sydney, Australia
Additional offices
Brisbane, Australia
Principals
Andrew Lockhart
Managing Director
Nicholas Clarke
Chief Investment Officer
Andrew Trevorrow
Head of Origination
Sector focus
Frequently asked questions
Who runs investment decisions at Metrics Credit Partners?
Nicholas Clarke serves as Chief Investment Officer, leading the credit committee that approves all new commitments. Andrew Lockhart is the Managing Director and oversees firm strategy. Both have long tenure in Australian corporate lending (public record).
How does Metrics Credit Partners source proprietary deal flow?
The firm originates directly from Australian middle-market borrowers, often through sponsor-less transactions and relationships with mid-tier corporates. It also participates in club deals and co-investments with institutional investors, avoiding auctions where the major banks dominate.
Is Metrics Credit Partners structured as a family office or a fund manager?
It is a registered Australian Financial Services Licensee (AFSL) and operates as a professional asset manager, not a family office. The firm is independent and not backed by a single family fortune; its capital comes from institutional investors, superannuation funds, and wholesale clients.
What investment stages and transaction sizes does Metrics Credit Partners target?
The firm focuses on senior secured loans, subordinated debt, and mezzanine financing in the mid-market, with typical transaction sizes ranging from A$20M to A$100M. It targets asset-backed borrowers with recurring revenues and regulated cash flows (public record).
Does Metrics Credit Partners invest outside Australia?
No. The firm's mandate is exclusively Australian, and all known commitments have been to domestic borrowers in sectors such as manufacturing, construction, infrastructure, and real estate.
What sectors does Metrics Credit Partners explicitly avoid?
The firm avoids unsecured consumer lending, early-stage venture, and speculative real estate development. Its focus is on established, asset-backed businesses with predictable cash flows.
How is Metrics Credit Partners connected to other Australian private credit managers?
It operates independently and is not affiliated with the major banks or other large credit platforms like Qualitas or Cerberus Australia. It competes in the same mid-market space but with a purely non-bank, fund-based structure.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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