Adam and Adir sit down with Brett Craig from Aura Group to unpack what private credit actually is, why the industry exploded after the GFC and how non-bank lenders are filling a funding gap left by Australia’s major banks. Brett explains Aura’s “lending to lenders” model, why liquidity mismatches can force private credit funds to gate withdrawals, how invoice financing works, and why Aura even lends against sheep and cattle. They also discuss Australia’s estimated $250 billion business funding gap, the recent backlash against private credit, risk, diversification and what investors should actually look for inside these funds.
All information provided for use by Wholesale Clients and is for educational purposes only. It does not take into account the investment objectives, financial situation or needs of any individual investor.
Information is provided by Aura Capital Pty Ltd ABN 48 143 700 887 | AFS Licence 366230. Wholesale strategy performance since inception is 9.42% pa as at 30 September 2026 net of fees and expenses since inception date 1 August 2017.
Returns assume reinvestment of all distributions. Past performance is not a reliable indicator of future performance and capital and income is not guaranteed. CHAPTERS 00:00 - Why Private Credit Funds Get Gated 10:55 - Why Private Credit Funds Get Into Trouble 21:39 - Choosing Lenders, Tough Markets and Investor Access Join us on Substack for articles, news and more: https://www.thecontrarianspod.com/
