Revolution Asset Management, a leading specialist Australian and New Zealand Private Debt investment manager, proudly announces the appointment of Pratik Joshi as Portfolio Manager, expanding the investment team to six professionals and further reinforcing the firm’s commitment to excellence in private debt management.

Pratik Joshi brings a great deal of experience to Revolution Asset Management, having most recently served in sell side front office credit as Vice President – Asset Backed Securities at Bank of America, N.A. in Sydney. In this role, he managed a substantial asset backed securitisation portfolio across asset classes. Pratik’s professional journey has provided him with in-depth expertise in origination, structuring, credit analysis, risk management and distribution of Asset Backed Securities and Residential Mortgage Backed Securities.

Prior to his tenure at Bank of America, Pratik spent close to four years within the Structured Finance Group at Moody’s Investor Services as Lead Analyst, and Business Head of Moody’s Analytics. Before that, his career encompassed various front office origination roles at HSBC Bank Australia in Project Financing, L&T Infrastructure Finance in Debt Capital Markets, and Yes Bank Limited in Institutional Banking.

Pratik holds esteemed qualifications, including the Chartered Financial Analyst (CFA), USA charter, Chartered Alternative Investment Analyst (CAIA), USA charter, and an MBA from the Indian Institute of Management, Mumbai.

“We are delighted to welcome Pratik to the Revolution Asset Management team,” said Chief Investment Officer, Bob Sahota at Revolution Asset Management. “His extensive experience and impressive track record in private debt portfolio management and deal origination make him an ideal addition to our firm, as we continue to serve our clients and expand our footprint in Australia and New Zealand.”

Portfolio Manager, Pratik Joshi said, “I am very excited to take on this role which allows me to put my knowledge and extensive deal experience across structured and corporate finance to work. Senior secured private debt is an exciting investment opportunity that offers investors enhanced capital stability and diversification, and I look forward to being part of a trusted team committed to delivering value for our investors throughout the entire credit cycle.”

In October 2022, Vicki Hartley and Bill Entwistle assumed roles as Non-Executive Directors on the Board of Revolution Asset Management.

As of 30 September 2023, committed capital exceeds A$2.6 billion across its two private debt strategies, sourced from a blend of institutional, family office, and wholesale investors. The Revolution Private Debt Fund II, currently open for investment, has a total fund size of A$1.9 billion, delivering a portfolio yield of 10.0%. The portfolio targets a return of cash plus 4% to 5% p.a. (net of fees and expenses) and aims to achieve this return with low volatility and with the benefit of having security over the underlying assets.