Rixon Capital was founded by principals Patrick William and Shrikaanth Balasubramaniam, and equity investor and cornerstone fund investor, Tanooki Ventures. Patrick William is Managing Director and has over 15 years' experience in public & private market M&A and high yield Australian SME private credit. Shrikaanth Balasubramaniam is Director of Credit and has over 10 years' experience in equity research and high yield Australian SME private credit. Tanooki Ventures was founded by brothers Dallin & Luke Howes and brother-in-law Blair Murphy. The Tanooki Ventures founders led and exited fintech Proviso to Archer Capital-owned Illion in 2018. Blair Murphy sits on the Rixon Capital Board. All investment decisions by the Fund require unanimous approval from its Investment Committee. This Investment Committee comprises the principals, Blair Murphy, and two independents. The Lead Independent is Alan Butterfield who previously managed an SME private credit strategy. Prior to this he was Australian country head of two global debt financiers. The second Independent is Justin Roberts who is an experienced investment banker, owner-operator of SME businesses, and fintech entrepreneur. Justin holds an MBA from the University of Chicago Booth School of Business.

The Rixon Credit Opportunities Fund invests in first-ranking senior loans secured against cash flows and intangible assets such as intellectual property, as well as second-ranking loans secured against suitably identified and valued tangible assets, including real property, equipment, receivables, and inventory. The Fund primarily targets loans ranging from $1 million to $20 million for Australian SMEs.

Its strategy aims for a target return of the RBA Cash Rate plus 10%, with a goal of providing quarterly distributions of no less than 10% per annum to investors.

The investment process involves three key stages. First, the Investment Team conducts due diligence on qualifying loans. Next, the team prepares and presents a comprehensive Credit Paper to the Investment Committee, which includes Rixon Capital executives, one shareholder-director, and two independent members. If unanimous approval is granted, the team proceeds to documentation and loan settlement.