Private Debt Income Fund

Unlock institutional-grade private credit opportunities delivering superior long-term returns

The TCP Private Debt Income Fund is designed to provide investors with attractive, risk-adjusted returns while focusing on capital preservation. By accessing a differentiated part of the credit market—private debt—we aim to generate steady income with lower volatility than traditional fixed income investments.

Our Purpose

  • Private credit offers a powerful combination of strong yield, low market correlation, and reduced volatility—ideal for balancing your portfolio.
  • We prioritise downside protection through investments in senior and subordinated loans, helping shield your capital while targeting long-term returns.
  • As a specialist credit investor, we operate independently of bank-driven pressures, allowing us to focus solely on prudent, high-conviction lending opportunities.
  • Our experienced team has been at the forefront of private credit in Australia, New Zealand, and the Asia-Pacific, combining local insight with institutional discipline.
  • Every investment undergoes rigorous analysis, with strict exposure limits and no investment in risky distressed companies—because your capital deserves clarity and control.

Investment Team

Vidhur Rangaswamy

Peter Szekely

Managing Partner

Gareth Bourne

Gareth Bourne

Head of Loan Operations

Daniel Wang

Daniel Wang

Investment Associate

Alain Lidbury

Alain Lidbury

Investment Associate

Fund Overview

Strategy Inception
September 2018
Fund Inception
September 2022
APIR Identification
ETL4900AU
ARSN Identification
656 878 634
Investment Approach
TCP targets profitable, cash generative companies operating in defensive, non-cyclical sectors (no property or mining) and supported by a strong equity buffer
Investment Objective
To deliver attractive risk-adjusted returns with a strong emphasis on capital preservation
Position Sizes
$10m-$30m per investment, depending on fund concentration and risk appetite
Minimum Investment
$50,000*
Fund Structure
Unlisted managed fund
Management Fees
1.26% p.a. of the Net Asset Value ("NAV") of the Fund (including GST less RITCs)
Redemption
Monthly^
Distributions
Quarterly

*At our discretion we may waive or reduce this minimum requirement

^Withdrawal and redemption requests will be accepted monthly on the last day of each calendar month. All Investors who wish to make a withdrawal or redemption must provide the Manager with a redemption notice at least one calendar month prior to the proposed Redemption Date


How to Invest

Investment Information Links
Platform Availability

BT Panorama Investments*

Mason Stevens Wealth

HUB24 Investment

Praemium SMA

PowerWrap

Netwealth

Product Disclosure Statement Download
Target Market Determination Download
Application Form Download

Apply Online

*Available to Wholesale Investors only


How to Borrow


Fund Performance

Distributions Download
March 2025 Download
December 2024 Download
September 2024 Download
June 2024 Download
March 2024 Download

Fund Insights

News and Insights Download
Insights Beyond Real Estate (May 2025) Download
Diversifying Private Credit Beyond Property (May 2025) Download
Why Private Credit is Currently Attractive (April 2025) Download
GSFM Conversations with Peter Szekely (March 2025) Download
Australia’s private credit market poised for further growth (February 2025) Download

Enquire Now

For more information, please get in touch with our team through the form below