Pacific Equity Partners forges into reverse mortgage sector
Pacific Equity Partners is targeting a slice of Australia’s burgeoning reverse mortgage market, with the Sydney-headquartered buyout fund snapping up a significant stake in the debt of unlisted retirement funding provider, Household Capital.
Street Talk can reveal PEP’s Capital Solutions dealmakers have invested in the mezzanine debt portion of Household Capital’s wholesale funding facility, alongside superannuation funds house IFM Investors and senior financier Citi.
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