Oceana Management
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OAFIT Manager
- Oceana Management Pty Ltd (“Oceana”) is the Manager of the Oceana Australian Fixed Income Trust. Oceana Management is an Authorised Representative under AFSL Number 533233 and regulated by the Australian Securities & Investments Commission.
- In 2016 the Principal of Oceana, Mr Lewis, was the founder of the Oceana Australian Fixed Income Trust (OAFIT), a securitization program of non-bank and private debt asset backed securities (“ABS”). OAFIT has subsequently grown into one of the largest ABS programs in Australia with circa A$1.3bn FUM, widely held by HNWI’S, family offices, and institutions. OAFIT has consistently provided market leading risk adjusted returns.
- Mr Lewis is the current CEO of OAFIT and was formally an Authorized Representative as Promoter. Oceana Investments (Asia) Limited (OIAL) is an Australian registered company established in 2010, Australian Business Number 78 202 066 846. OIAL provides investment management services for a branch of the Lewis family in the Asia Pacific region. Oceana Investments (Australia) Pty Limited is an Australian registered company, Australian Company Number 612 253 595 and was established to promote OAFIT.
- OIAL successfully raised $3bn of Notes in OAFIT, in addition to representing investors on the investment and credit committee of the underlying asset trusts. Oceana now oversees promotion of OAFIT in addition to the management of its assets in the form of Notes in FIRST & FAT.
- Oceana continues to build its funds management business with Oceana Property Partners (“OPP”), a property investment product offering value-add commercial property syndications. OPP has completed 5 transactions to date with a book value of $1b. OPP has raised $100m of equity since inception.
- Oceana’s affiliate company, Oceana Licensee, obtained its Australian Financial Service License (“AFSL”) number, 533233, demonstrating the continued growth and evolution of the Oceana Funds business.
- Over the last 10 years, OIAL has generated superior returns in its portfolio across a number of investments in the consumer, technology and real estate sectors. This includes private to public market exits, funds management, high yield loans, debt acquisition, management buyouts, and trade sales across Asia, Europe, and the United States.
FC Funds Management
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OAFIT Originator
- FCFM is an Australian Financial Services Licensed (AFSL Number 431245) manager of fixed interest and other structured credit assets
- FCFM is part of FC Capital which is one of Australia’s largest alternative asset managers headquartered in Sydney, Australia
- FCFM is an established investment manager with a large wholesale investor base spanning HNW, Family Offices, Wealth Managers, and Institutions
- FCFM currently manages >A$500m of funds with underlying assets comprising debtor and trade finance, SME lending, corporate lending, property and infrastructure
- Proven track record of providing customized secured lending solutions for small to medium enterprises in Australia. In-house expertise in asset and cash flow finance
- Corporate Finance capabilities encompassing due diligence, structuring, valuation, financial analysis, and modelling
- Executive management team with over 200 years' experience and directors with significant experience in relevant areas of credit, sales and marketing, funds management and financial technology
Finstro
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OAFIT Originator
- Finstro is a FinTech company that provides innovative B2B trade payment and cashflow solutions.
- Established in 2014, Finstro offers a range of credit and payment solutions designed to help businesses manage their cashflow, increase sales, and reduce risk.
- Finstro services include flexible business lines of credit, trade payments, and capital financing, all accessible through their digital platforms, including a mobile app and web portal.
- Finstro's solutions are tailored to support the unique needs of small and medium-sized businesses, enabling them to thrive in the competitive market.
AMAL Asset Management
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Independent Back-up Servicer
- AMAL Asset Management Limited (AMAL) was appointed as an independent Back-up Servicer for Oceana Management Pty Ltd effective 2nd April 2024 and Back-up Manager effective 10th October 2024.
- As part of our continuing efforts to improve and institutionalize our offering to investors, we have completed the appointed of AMAL Asset Management as a back-up servicer for FIRST and FAT and back-up manager for Oceana Management at the OAFIT level.
- Established in 1994, AMAL is the region’s leading third-party receivables servicer with over $A30 billion of funds under administration and supervision in Australia and New Zealand.
- AMAL allows originators and lenders to plug in to a ready-made servicing and trustee infrastructure including industry-leading technology and support, a highly experienced operational team and a rigorous governance, risk and compliance program.
- Clients range from the smallest start-up to some of the region’s and the world’s largest financial institutions.
BNY
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Trustee, Security Trustee, and Registry Service Agent
- The Bank of New York Mellon (“BNYM”) is on the world’s largest global with $35.8 USD trillion in assets under custody and / or administration. BNY Mellon Corporate Trust Australia is the largest and most respected fiduciary business in the country
- Established in Australia in 1975, BNYM are bolstered by a solid capital base and strong credit ratings. BNYM is recognized throughout the financial services sector globally and OAFIT are proud to be associated with them across our structure
- US$1.9 trillion assets under management, $52.1 trillion assets under custody, a workforce of 48,700 across 35 countries, and $US3.6 trillion average tri-party collateral management balance
- $486 billion private debt assets under administration including CLO, Debt Fund, and SME portfolios. 2,300 loan portfolios and specialization in Asset Backed Securities (“ABS”), OAFIT’s defined asset class
- BNY act for OAFIT across its structure and facilitate an institutional grade service offering for all investors. OAFIT has enhanced governance and independence by the recent Trustee engagement with BNYM
- BNY’s role as Security Trustee ensures all OAFIT’s assets are held directly for the benefit of Secured Noteholders and provides independence and security across the capital structure of the fund
- BNY’s experience in securitization is recognized by the Australian Government who engaged BNY for the same roles they hold for OAFIT for their recent Forbearance Special Purpose Vehicle (FSPV). The FSPV is part of the Aus Government’s Structured Finance Support Fund, announced in March 2020.
Deloitte
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OAFIT Auditor
- Deloitte is one of the "Big Four" accounting firms, renowned for its comprehensive audit and assurance services.
- Deloitte are a team of around 12,000 people in Australia.
- As an auditor, Deloitte provides independent and objective evaluations of financial statements, ensuring accuracy and compliance with regulatory standards.
- Deloitte's audit services leverage advanced technologies, such as Deloitte Omnia, to deliver high-quality, insightful audits that go beyond traditional expectations.
- Deloitte's approach combines deep industry knowledge, innovative methodologies, and a commitment to integrity and transparency, helping clients navigate complex financial landscapes and build trust with stakeholders.
