Our Approach

The Bass Capital difference

 

We specialise in identifying, structuring and managing specialised and proprietary credit investments. Our investment approach focuses on providing credit solutions to mid-sized companies and real estate transactions operating in Australasia.

 

By leveraging our trusted network of professional advisors and local industry experts, we are able to gain critical industry and asset insights and identify a better class of investment opportunity. We primarily invest in fundamentally sound businesses and assets that exhibit solid collateral and managerial characteristics.

 

Our tactical approach to investment selection enables us to operate beyond ‘approved sector’ limitations and we are able to generate attractive risk-adjusted returns by focusing on less crowded mid-market transactions. Our thorough and disciplined investment process which centres on fundamental credit analysis and the ‘Four C’s of lending’ (Character, Collateral, Cashflow and Conditions), ensures that our investments are optimally priced. And our significant network of private and institutional investors situated both locally and abroad enables us to provide fast, comprehensive credit solutions to borrowers in need.

Our approach to lending our investments exhibit the following characteristics:

1. Capital Preservation

  • Highly selective investment criteria
  • Preference for credit investments with true senior debt features
  • Credit protection provisions (e.g. covenants, asset security, hard maturities) as standard in each investment
  • Clearly defined multiple exit strategies and multiple lender enforcement strategies

2. Deep Due Diligence

  • Deep review of market industry dynamics and positioning within that market
  • Fundamental credit analysis of each opportunity
  • Rigorous review and negotiation of loan documentation

3. Tactical and Diversified

  • Dynamic sector analysis ensures we are not constrained by ‘approved sector’ mandates
  • Preference for growth sector investments, but event driven risk and special situations can be considered
  • Sector and borrower diversity
  • Mid-market lending supported by our unique origination network.

4. Managerial Excellence

  • Partners with significant global mid-market lending expertise
  • Substantial local industry and market know-how
  • Broad network of highly experienced support professionals
  • Active management through to realisation