Arowana Australian Special Income Opportunities Fund (ASIOF)
Private equity group Arowana has launched the Australian Special Income Opportunities Fund (ASIOF) which invests in secured debt investments.
The fund is targeting an 8 per cent per annum yield. The company has the "Certified B Corporation" ESG accreditation and says one of its key aims "is to use business as a force for good." It wants to deliver attractive returns to its investors and also to support SME borrowers through the delivery of innovative financing solutions
Arowana says it wants to grow into one of Australia’s leading non-bank lenders.