Revolution is a specialist investment manager established to provide institutional and high net worth investors with access to the Australian and New Zealand private debt market. Combining more than 55 years of experience in private debt, Revolution’s investment team founded the business and has a strong track record of sourcing and managing loan portfolios that help to fill the financing gap created by the decline in lending by Australian banks.
Revolution wants to change the way investors think about fixed income asset allocation. By accessing secured, floating rate investments, investors can complement the defensive allocation of a portfolio by allocating to private debt.
The approach to investing is based on a strong risk management framework with a focus on downside protection. It employs a rigorous and well-tested investment process, with significant scenario analysis conducted prior to each individual investment. The disciplined process is designed to deliver targeted returns with low volatility.
The investment activities are focused on the most compelling relative value opportunities across Australian and New Zealand real estate debt, Asset-Backed Securities, private company debt and Leveraged Buyout debt.
“AU & NZ private debt appeals to investors due to its ability to provide long term stable returns. Depending on liquidity needs, we see defensive portfolio allocations of up to 20% to this asset class. The floating rate nature of private debt also means less concern about rising interest rates and a level of inbuilt protection against inflation.”
Bob is one of the co-founders of Revolution. He is responsible for leading the strategy and managing the assets of the portfolio. Bob has held senior roles as Head of Direct Lending at Kapstream Capital and Head of Fixed Income at Challenger Limited from 2005 to 2016. He has led an investment team of 14 managing leveraged finance/private debt, real estate debt, ABS, investment grade corporate credit and alternatives portfolios on behalf of both Challenger Life Company and pre-eminent Australian superannuation funds. During his time at Challenger, funds under management increased from A$1bn to A$9bn. Bob has spent his career managing private debt, serving as portfolio manager and credit analyst at major institutions such as PIMCO and AMP Capital.
Bob is one of the co-founders of Revolution. He is responsible for leading the strategy and managing the assets of the portfolio. Bob has held senior roles as Head of Direct Lending at Kapstream Capital and Head of Fixed Income at Challenger Limited from 2005 to 2016. He has led an investment team of 14 managing leveraged finance/private debt, real estate debt, ABS, investment grade corporate credit and alternatives portfolios on behalf of both Challenger Life Company and pre-eminent Australian superannuation funds. During his time at Challenger, funds under management increased from A$1bn to A$9bn. Bob has spent his career managing private debt, serving as portfolio manager and credit analyst at major institutions such as PIMCO and AMP Capital.
Simon is one of the co-founders of Revolution and is responsible for portfolio selection and management. Simon has extensive experience as a private debt portfolio manager having spent six years with Westpac as Senior Portfolio Manager responsible for managing A$2.2bn. Simon’s credit expertise is within RMBS, Collateralised Loan Obligations, Consumer, Equipment and Transport Asset Backed Securities. In addition, he has skills in currency and interest rate hedging and asset/liability management. Simon has also worked alongside Bob Sahota as a Senior Portfolio Manager in Fixed Income at Challenger, and held similar roles at CBA and ANZ.
Simon is one of the co-founders of Revolution and is responsible for portfolio selection and management. Simon has extensive experience as a private debt portfolio manager having spent six years with Westpac as Senior Portfolio Manager responsible for managing A$2.2bn. Simon’s credit expertise is within RMBS, Collateralised Loan Obligations, Consumer, Equipment and Transport Asset Backed Securities. In addition, he has skills in currency and interest rate hedging and asset/liability management. Simon has also worked alongside Bob Sahota as a Senior Portfolio Manager in Fixed Income at Challenger, and held similar roles at CBA and ANZ.
David is one of the co-founders of Revolution and is responsible for portfolio selection and management. David was most recently a portfolio manager with Kapstream, responsible for credit analysis and portfolio management, covering multiple sectors including property, infrastructure, airports, diversifieds and technology, media and telecommunicactions. David has also worked along side Bob Sahota at Challenger, where he was responsible for the credit research and management across multiple sectors such as leveraged finance/private debt, commercial real estate debt, as well as financial institutions and corporate.
David is one of the co-founders of Revolution and is responsible for portfolio selection and management. David was most recently a portfolio manager with Kapstream, responsible for credit analysis and portfolio management, covering multiple sectors including property, infrastructure, airports, diversifieds and technology, media and telecommunicactions. David has also worked along side Bob Sahota at Challenger, where he was responsible for the credit research and management across multiple sectors such as leveraged finance/private debt, commercial real estate debt, as well as financial institutions and corporate.
Steve commenced with the firm in 2021 as a Portfolio Manager primarily focused on the Asset Backed Securities portfolio involved in all facets of the investment process including origination, due diligence and on-going surveillance and monitoring of existing transactions. Steve is also responsible Revolution’s ESG policy.
Steve commenced his career with 21 years at Challenger Financial Services in a variety of functional areas within the Life Company, including analyst roles in the Risk and Quantitative Analysis team and Finance. Steve then spent 13 years in the Fixed Income team, initially providing support for a portfolio covering a broad range of fixed interest investments including investment grade corporate credit, domestic ABS, offshore ABS, and private debt. He progressed to the role of Senior Portfolio Manager responsible for the deployment of over $1bn in the alternative debt portfolio which included investments in insurance linked securities, royalty securitisations and aircraft finance, amongst others. Steve was also responsible for the initial implementation and adoption of ESG reporting for the fixed income team of Challenger Investment Partners.
Prior to joining Revolution, Steve worked at Bluestone APAC as the Senior Relationship Manager responsible for managing a significant 3rd party servicing contract for a $7bn mortgage portfolio. In this role Steve was responsible for stakeholder management of key external counterparties (CBA and Aussie Home Loans), as well as being the key management contact for the teams responsible for settlements, servicing, compliance and collections.
Steve holds a Bachelor of Mathematics and Finance from the University of Technology, Sydney, and a Graduate Diploma in Applied Finance and Investment from FINSIA.
Steve commenced with the firm in 2021 as a Portfolio Manager primarily focused on the Asset Backed Securities portfolio involved in all facets of the investment process including origination, due diligence and on-going surveillance and monitoring of existing transactions. Steve is also responsible Revolution’s ESG policy.
Steve commenced his career with 21 years at Challenger Financial Services in a variety of functional areas within the Life Company, including analyst roles in the Risk and Quantitative Analysis team and Finance. Steve then spent 13 years in the Fixed Income team, initially providing support for a portfolio covering a broad range of fixed interest investments including investment grade corporate credit, domestic ABS, offshore ABS, and private debt. He progressed to the role of Senior Portfolio Manager responsible for the deployment of over $1bn in the alternative debt portfolio which included investments in insurance linked securities, royalty securitisations and aircraft finance, amongst others. Steve was also responsible for the initial implementation and adoption of ESG reporting for the fixed income team of Challenger Investment Partners.
Prior to joining Revolution, Steve worked at Bluestone APAC as the Senior Relationship Manager responsible for managing a significant 3rd party servicing contract for a $7bn mortgage portfolio. In this role Steve was responsible for stakeholder management of key external counterparties (CBA and Aussie Home Loans), as well as being the key management contact for the teams responsible for settlements, servicing, compliance and collections.
Steve holds a Bachelor of Mathematics and Finance from the University of Technology, Sydney, and a Graduate Diploma in Applied Finance and Investment from FINSIA.
Lucie joined Revolution from JANA, a leading asset consultant, where she focused on fixed income research, portfolio construction and investment strategy advice to a range of Australian and New Zealand clients. Prior to JANA, Lucie worked as Portfolio Analyst at Challenger Limited, focusing on fixed income portfolios with responsibility for cash management. Lucie started her career at Kapstream Capital, where she worked alongside Bob Sahota and David Saija conducting credit analysis and working on several projects including launch of private debt strategy.
Lucie holds a Bachelor of Accounting degree from Kent Institute of Business and Technology. She was awarded the Kent International Student Scholarship, Kent Award for Academic Excellence and placed on the Dean’s List. Lucie is a Chartered Financial Analyst (CFA) charterholder.
Lucie joined Revolution from JANA, a leading asset consultant, where she focused on fixed income research, portfolio construction and investment strategy advice to a range of Australian and New Zealand clients. Prior to JANA, Lucie worked as Portfolio Analyst at Challenger Limited, focusing on fixed income portfolios with responsibility for cash management. Lucie started her career at Kapstream Capital, where she worked alongside Bob Sahota and David Saija conducting credit analysis and working on several projects including launch of private debt strategy.
Lucie holds a Bachelor of Accounting degree from Kent Institute of Business and Technology. She was awarded the Kent International Student Scholarship, Kent Award for Academic Excellence and placed on the Dean’s List. Lucie is a Chartered Financial Analyst (CFA) charterholder.
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