The Fund will continue to benefit from an enlarged and experienced investment team, that is not only well resourced across the market cap spectrum but also from a top-down macro and investment strategy perspective

While the investment team is recently formed, the individual team members all have highly relevant prior experience in managing concentrated, high conviction global equities mandates and based on investment processes that are consistent with the Fund. The portfolio is based on a fundamental bottom up investment process that places a strong emphasis on high quality companies.

The Moelis Australia Secured Loan Series (“the Fund”) was established in April 2018 and provides investors with a diversified exposure to a portfolio of commercial loans secured by a first lien mortgage on Australian real property.

Three of the four senior investment team members previously worked at Macquarie Group, in addition to other relevant roles, with the Manager in large part mirroring the renewable energy, real estate and private equity focus at this prior place of employment.

The Pareto Private is a Deferred Purchase Agreement (DPA) in which the performance is linked to a basket of one Australian and three US stocks (the Reference Basket). The full investment term is two years, but the term may be significantly shorter based on positive share price performance of all four stocks in the basket.