Power, risk, and the rise of non- bank capital
Power, risk, and the rise of non- bank capital
AUSTRALIA DID NOT SET OUT TO BUILD A PRIVATE LENDING MARKET. IT BUILT SOMETHING ELSE ENTIRELY.
Private lending in Australia is no longer a shadow market. It is a recognised, structured, and increasingly sophisticated segment of the financial ecosystem — one that funds developments, supports businesses, and provides liquidity in moments where timing is critical.
Drawing on years of experience in structuring and deploying non-bank capital, Kalpi Prasad offers an unflinching look at how deals are structured, why they fail, and what separates disciplined lenders from opportunistic ones.