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Showing posts from January, 2023

Arowana’s private credit investment in Lucky Bay Port yields strong returns - Arowana | Kevin Chin

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Arowana’s private credit investment arm has reached agreement with ICAM Duxton STC Holdings Pty Ltd (ICAM) regarding the early settlement of its secured infrastructure debt facility for the Lucky Bay Port in South Australia.  This has enabled co-investors with Arowana to realise a return in excess of the target IRR of 15%. Lucky Bay provides an alternative grain supply channel for grain growers and other commodity suppliers on the Eyre Peninsula in South Australia.  It is run by ICAM Duxton Port Infrastructure Trust (IDPIT) with ICAM as the fund manager and T-Ports as the operator, specialising in innovative logistical solutions for the export of Australian commodities. T-Ports was established by IDPIT in 2018 to initiate construction and project management of the Lucky Bay Port Facility development, with ICAM securing private debt and equity capital. The Lucky Bay Port generates road freight savings for grain growers from the Eyre Peninsula of up to $15...

Arowana Funds Management | Kevin Chin

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  Established in 2014 and headquartered out of Sydney, Australia, Arowana Funds Management has managed capital for external investors across several strategies including private equity, private credit, special situations, and listed global equities. The genesis of Arowana was an enterprise software business called RuleBurst Haley that was turned around and scaled globally before its acquisition by Oracle in 2008. With some of the proceeds of that sale, Arowana Capital was set up to operate as a private equity fund, with our principal’s capital as well as capital from external family offices and institutional fund of funds. In addition, we germinated an unlisted fund in 2009 to invest in listed equities, but in this case with only the capital of our own in-house team. Both the private equity fund and the listed equities fund performed admirably over the ensuing five years, generating net returns of about 20% per annum. As a result of interest from external inves...

The Gritty Reality of Attaining B Corp Accreditation - Kevin Chin

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  Patagonia, Ben & Jerry's and Eileen Fisher did it. Do you have what it takes to achieve B Corp accreditation? This article was published on  Inc.com  by the Entrepreneurs' Organisation . Kevin Chin, an  Entrepreneurs' Organisation  member in London, United Kingdom and Brisbane, Australia, is the author of HyperTurnaround! and founder and CEO of  Arowana , a certified B Corporation which invests in, operates and grows small to medium-sized enterprises. We asked Kevin about the process of becoming a B Corporation. Here's what he shared: How did you learn about becoming a B Corporation? I first learned  about B Corporations --the B stands for beneficial--in September 2016 when, during a conference, my preferred session was full, so I walked into a session about B Corps. I knew nothing about them beforehand. I walked out convinced that B Corps would become a gold standard certification, that  the ethos of B Corps  aligned with our...