Fact Sheet - Performance as at Sep 2026
La Trobe US Private Credit Fund - Retail Class B
Fact Sheet
Performance as at Sep 2026

Manager Summary

La Trobe Financial is one of Australia's best-known and most trusted alternative asset managers specialising in lending to borrowers who are under serviced by mainstream financiers. Having built the wealth of investors for over seven decades through careful attention to quality, discipline and consistent performance across the economic cycle.

Strategy Summary

La Trobe US Private Credit Trust is a Private Debt/Mortgage strategy for Class B Retail Units benchmarked to SOFR + 3%. It invests indirectly into a U.S. private credit portfolio focused mainly on directly originated senior secured first-lien loans to middle market companies. Most assets are invested via a feeder fund into LGAM Private Credit LLC, with some cash and hedging positions. The strategy targets income and risk-adjusted returns, with monthly applications and generally quarterly liquidity subject to discretion.

Key Terms

Status: Open Inception Date: Jul 2024
Strategy: Private Debt/Mortgage Style: N/A
Geography: USA Domicile: Australia
Investors: Retail Min. Investment: AU$ 10,000
Distributions: Monthly Applications: Monthly
Fund Size: Undisclosed Management Fee: 1.00%
Manager FUM: AU$ 12,616.57m Performance Fee: 0.59%

Key Statistics

Fund Index* Fund Index*
Sep 2026: 0.39% 0.77% Sharpe1: 1.93 1,262.29
1 Year: 4.09% 9.06% Sortino1: 2.91 N/A
3 Years2: N/A N/A Best Month1: 1.10% 0.77%
5 Years2: N/A N/A Worst Month1: -0.82% 0.69%
Inception1,2: 6.51% 9.08% Volatility1,2: 1.22% 0.08%
Up-Capture1: 71% N/A Down-Capture1: 0% N/A
*RBA Cash Rate + 5%,   1Since Jul 2024,   2Annualised

Cumulative Returns
Fund Index

La Trobe US Private Credit Fund - Retail Class B - Cumulative Performance vs RBA Cash Rate + 5%

 

Drawdowns
Fund Index

Drawdown%

 
Fund Index

Quintile Ranking vs. Hybrid Private Credit Peer Group (59 funds) as at September 2026

1 Year
3 Year
5 Year
7 Year
La Trobe US Private Credit Fund - Retail Class B
RBA Cash Rate + 5%
Quintile Rankings display Key Performance Indicators (KPI's) against the fund's Peer Group. Each green square ranks the fund in one quintile (or 20%) of its peer group - five green squares indicate the fund is in the best quintile for each KPI. The performance of the peer group's underlying index is shown by a red dot.