Pallas Capital is pleased to introduce our new High Yield Fund No.2, a diversified first and second mortgage fund with superior risk adjusted fixed income returns backed by real estate assets.

11.0% p.a.

Investor return net of all fees paid monthly in arrears

Mar '23 Maturity

Run-off period commences 31 March 2023

75% LVR

Maximum Loan to Value Ratio

The Old South Head Road SM Capital Trust

Investment Activity

As at the 31 March 2022, the Pallas High Yield Fund No.2 was diversified across 16 first and second mortgages representing a Total Loan Investment amount of $59.4 million.

Locations & Property Types

Development site and / or residential, retail, commercial or industrial property, predominately located in Sydney, Melbourne and Brisbane Metropolitan areas.

Investment Diversification

The Fund invests directly in SPV Lenders, and may make investments into Pool Lenders to diversify assets across a wider range of underlying loans. This diversification strategy reduces the exposure to any single loan/borrower providing robust protections in line with clear covenants of the fund.

Qualifying Loans

Each loan taken up by Pallas High Yield Fund No.2 has to pass a 'comprehensive list' of Qualifying Loan Requirements including location and site amenity, borrower expertise, exit strategies and valuation requirements.

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High Yield Fund No.2 or speak directly
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