1300 896 514
thumbnail_Amicaa-Logo-Reversed 1

Our expertise.
Your Outcome.

About Us
thumbnail_Amicaa-Logo-Reversed 1
About Us

A Specialist in
Private Credit Investment

We are an Australian and New Zealand focused alternative asset manager specialising in private credit. We lend to businesses across ANZ and have capability for large format, flexible lending in both senior and mezzanine positions.

$ 1 Bn

Capital deployed1

5

dedicated professionals

$ 25 Bn

Opportunities reviewed2

Harnessing
Untapped Potential

Our managed investments provide unrivalled access to opportunities in the evolving Australian and New Zealand private credit markets. Both of our private credit strategies are designed to deliver the benefits investors are seeking, including stable, risk-adjusted returns, capital preservation and lower volatility than listed investments.

Are you an Investor?


Discover more
re you a borrowerimage

Are you a borrower?


Discover more
Explore more

When leading a company to evolve and grow, choosing the right partner can be a catalyst for success. It’s what we call ‘the amicaa effect’, providing our clients with the expertise, innovation and insights that make superior outcomes possible.

amicaa-image
Direct Lending Strategy

Direct Lending Strategy

Discover more

chess-game-concept-business-ideas-competition-strategy-ideas_627050-4239

Capital Solutions Strategy

Discover more

amicaa-partnership-with-tellus

amicaa and Carlyle Provide A $240 Million Debt Financing to Tellus

by amicaa | August 23, 2025 | Announcements, Investment management

Sydney, Australia, August 23, 2025 – Global investment firm Carlyle (NASDAQ: CG) and amicaa, an Australian private credit manager, today announced they have provided an AUD$240 million debt financing package to Tellus Holdings Limited (“Tellus”), a leading independent environmental services company

View more

News

  • All Topics
  • News
  • Investments
  • Announcements
  • Advisory
  • Market Pulse
  • All Posts
  • News
Market Pulse – When Capital Gains Lose Their Crown

When Capital Gains Lose Their Crown

The recent Federal Budget and accompanying changes to Australia’s capital gains tax regime have generated...

30/06/2026| Announcements, Investment management
View All News

We are driven by our guiding principles

Trust Drives Us

We act reliably, responsibly, and transparently, building a strong and enduring reputation

Client Solutions Focused

Expertise and innovation delivering exceptional client results and exceeding expectations.

Continual Improvement

With energy and ownership, we challenge ourselves to reach new heights and build long-term success.

We Collaborate

We will share your milestones and triumphs as we build towards mutual success.

A force in

corporate advisory

Our advisory experts provide independent advice with a strategic perspective.

By working closely with our clients, we enable them to make better business decisions and get the most value from their activities, for greater success.

Contact us

DISCLAIMERS

1Capital deployed includes both funded and unfunded investor commitments as of 30 June 2026. Figures are approximate and rounded, provided for informational purposes only, and may change without notice.

2Since inception, 8 August 2022.

This content is for Wholesale Investors as defined under the Corporations Act 2001 (Cth). By proceeding, you confirm you meet the eligibility criteria (e.g. certified net assets over $2.5 million or income over $250,000 p.a.).

Yes, I Meet The Requirements

Are you a borrower?

amicaa is able to provide both medium size and large format, flexible, and tailored credit solutions to help companies execute on their growth plans or to complete an acquisition, noting that acquisitions can be anywhere in the world.

We specialise in providing private credit solutions to companies across Australia and New Zealand typically with an EBITDA greater than AUD $15 million per annum, and can provide bespoke financing solutions starting from AUD $50 million, with no upper limit.

amicaa also welcomes the opportunity to participate in syndicated transactions and can hold positions of AUD $10 million through to AUD $100 million, subject to standard credit, risk and return hurdles.

amicaa has enhanced flexibility to offer companies flexible solutions including second lien, mezzanine, HoldCo or even preferred equity solutions. For this reason, amicaa can be an ideal partner for both sponsor or founder owned businesses.

amicaa can provide financing in all major currencies and welcomes dialogue with companies at an early stage to assist in planning.

Contact Us

Fund Objective

To deliver attractive, income-orientated returns while preserving capital by investing in a carefully selected portfolio of Australian and New Zealand corporate credit investments. The majority of investment returns are to be paid quarterly in the form of cash income.

Investment Strategy

The Fund’s strategy is centred around investing in mid-to large size companies based In Australia and New Zealand, with favourable market positions and strong management teams. While the investment strategy does not pursue an activist role in companies, Individually negotiated loans may contain features that can preserve investor’s capital, such as backing of specific assets. 

The Fund will not lend to individual speculative residential property developments or early-stage individual assets in mining or oil and gas.

Investment Manager

The fund’s investment portfolio is managed by amicaa Investments Pty Ltd ACN 637 638 530, AFSL 520270. amicaa’s investment team are specialists in Australia and New Zealand credit investing.

amicaa Investments and certain of its related entities have entered into a joint venture arrangement with Carlyle’s Global Credit Platform. Carlyle has appointed amicaa as its exclusive partner to source and manage a diversified portfolio of private debt investments in Australia and New Zealand.

This joint venture enables amicaa to bring investment insights, disciplines and relevant resources to bear in our local management of private debt investments for the amicaa Direct Lending Fund.

Overview

STRUCTURE

Open Ended

INCEPTION DATE

2 January 2024

TARGET RETURN¹

BBSW + 4%
(net of fees)

DISTRIBUTIONS

Quarterly

LIQUIDITY

Monthly

ELIGIBILITY

Wholesale

MINIMUM INVESTMENT

$250,000

MANAGEMENT FEE

0.80%

Why amicaa Investments?

Significant co-investment with the Manager and Carlyle’s Global Credit Platform

Local expertise with global perspective.

Strong relationship networks across corporate Australia.

Extensive industry experience through market cycles.

Robust underwriting process benefiting from Carlyle’s Global Credit Platform & resources.

Mid-to-large Australian & New Zealand corporate lending only.

DISCLAIMER

¹Target return is calculated pre-tax and net of management fees and costs. Target returns are not guaranteed and may not be achieved.

Information on this website about the amicaa Direct Lending Fund (“Fund”) is made available by amicaa Investments Pty Ltd ACN 637 638 530 AFSL No 520 270 (“amicaa”). Evolution Trustees Limited ACN 611 839 519 AFSL No 486217 (“Evolution”) is the trustee of the amicaa Direct Lending Fund (‘the Fund’), and Evolution has appointed amicaa as the investment manager of the Fund.
Information on this website is intended only for wholesale clients within the meaning of Part 7.1 of the Corporations Act 2001 (Cth). The Company is only authorised to provide financial product advice to wholesale clients. Information on this website does not take into account any person’s objectives, financial situation or needs. Information on this webpage is not, and is not intended to be, financial product advice, investment advice or a recommendation to invest in any particular financial product. Before making any financial investment decision, a person should consult their financial adviser who will take into account the person’s objectives, financial situation and needs. Past performance is not a reliable indication of future performance. None of Evolution, the Company, their directors, officers, employees or any of their associates guarantee the performance of any product, the repayment of capital or any specific rate of return. Persons accessing this webpage outside of Australia should inform themselves of any securities selling restrictions that may apply in their home country. Nothing on this website constitutes an offer of securities or financial products in any jurisdiction. An application for units in the Fund or any other fund, for which the Company is the manager, may only be made by completing an application form available from the Company or the trustee of the fund. Please also refer to our Terms & Conditions and Privacy Policy.