About Challenger IM
Specialists in public and private credit markets, we create value for our clients by providing more diversified sources of income compared to more traditional fixed income managers.
Challenger Investment Management (Challenger IM) is part of the ASX-listed Challenger Group — a leading provider of retirement solutions. Since 2005 we have managed fixed income investments for Challenger’s own balance sheet along with a wide range of institutional, wholesale, and retail investors.
Our team based in Sydney and London now manages A$16 billion1 in fixed income investments across four funds and multiple bespoke separate accounts, sourcing opportunities across public and private credit markets.
1. As at 31 Dec 24 and AUD unless otherwise stated.
FUM1
Investment & Credit Professionals
48Founded
2005Proven Platform
Since 2005, our leading alternative credit platform has delivered strong risk adjusted returns in public and private credit markets. Many private credit investors claim to be the first call on a new transaction. But few can offer evidence of this throughout multiple cycles across multiple markets.
Value Discipline
We are value investors in credit markets, rotating between public and private credit according to where we see the best value whilst always maintaining discipline around price.
Exceptional Risk Management
Our credit portfolios benefit from an independent credit risk oversight and valuation function. As part of a publicly listed and regulated insurance group, our risk management framework undergoes continuous and rigorous scrutiny, enhancing discipline and leading to better investment outcomes.
“Our team is a diverse mix of experienced professionals, including ex-bankers, credit specialists, and former rating agency analysts. We also attract top university graduates through our internship program, ensuring we continuously build talent and expertise across all areas of credit investing.”
Sid Kumar
Head of Acquisition Finance
Responsible Investment
We believe that incorporating environmental, social and governance (ESG) factors into investment decision making can improve financial outcomes for investors by promoting more sustainable business practices and reducing the risk profile of investments.
The Challenger IM team employs a systematic approach to incorporating ESG considerations into its investment process, and its expertise in private lending markets provides a greater opportunity for active engagement.
Our Philosophy & approach
We are value investors that seek to provide high income, defensive, and diversified investment opportunities.
Every basis point matters in credit markets, whether they are public or private. Unlike many private lending platforms, we have a mark to market philosophy and will move into and out of different parts of the credit market dependent on where we see the best value.
Our platform takes a private approach to lending. A private approach means underwriting credit risk as an owner, not a trader. Direct engagement combined with detailed underwriting allows us to provide more flexible solutions to borrowers and to charge an appropriate excess return for such solutions. Ultimately, we believe this leads to better return outcomes for our clients.