About us

Global Credit Investments (GCI) is a specialist fixed-income and credit investment manager with a bias toward investing in short-term credit. We believe Australian investors should increase the allocation of uncorrelated credit investments in their portfolio to counter-balance the large reliance investors have on equities and real estate. Short-term credit assets can produce better returns than cash with lower volatility than other investment alternatives. The short-term nature of our investments also provides a number of liquidity options.

We have a strong focus on preservation of investor capital with particular focus on downside risk. Our team have substantial personal capital invested in our funds.

 

Who we are

 
 

Steven Sher Co-founder & Chairman

Steven is an experienced investor and executive who spent 17 years at Goldman Sachs. As a managing director in the Principal Investment Group, Steven spent his professional life thinking about the risk and return on deals. That expertise led to frustration that he couldn’t buy debt for his personal portfolio as a way of accessing higher returns at lower risks. Eventually, he found the answer in marketplace lending, which was moving the consumer and small business debt market out of the exclusive realm of the banks. Finding an answer for his portfolio led him to co-found Global Credit Investors in 2015, so other investors could benefit.

During his time at Goldman Sachs, Steven was responsible for finding, leading due diligence, investing in, monitoring and exiting equity, mezzanine, senior debt and distressed investments. He was on the board and investment committees of all the bank’s Australian mezzanine and equity funds, and he was a director of some major European companies, including ISS, Ahlsell, Endemol, and Rhiag. Steven has been an active investor across asset classes, managing funds in technology, property, debt and equity on behalf of family entities.

Before Goldman Sachs, Steven qualified as a chartered accountant in the UK, and he holds a Commerce and Post Graduate Accounting degree from the University of Witwatersrand, South Africa.

 
 

Gavin Solsky Co-founder & Executive Director

Gavin is an experienced CEO, director and investor, having co-founded and built businesses in the professional services (Portland Group, later acquired by Infosys) and health sectors (Healthshare). Those businesses served -- and continue to serve -- customers like Qantas, NAB, Westpac and BHP. Gavin saw an opportunity to bring his business-building skills to the financial services industry, where there is significant unrealised opportunity for change. Marketplace lending appealed in particular because it gives small businesses access to the funds they need to grow and gives investors a good income at the same time. Gavin’s other businesses were started with minimal capital and combined high-performing teams and technology to create value for their customers, employees and shareholders.

He brings to GCI that knowledge of how to find a business’ all-important first customers, and how to build successful businesses, teams and cultures quickly. In addition to operating companies, Gavin has been an active investor across a number of asset classes, managing funds on behalf of his family entities. Before starting his own companies, Gavin was a consultant at Bain & Co in the US and Australia and also worked for a major Australian law firm. Gavin completed his commerce and law degrees at the University of NSW, both with distinction.

 
 

Jacob Rosenberg Investment Director

Jacob combines a decade’s experience in the front-office of funds management and investment banking with a serious interest in data science and computation. It’s a mix of attributes perfectly suited to an investment fund based on technological disruption and with an element of algorithmic decision-making. Before joining Global Credit Investments, Jacob worked for JP Morgan Chase, where he was responsible for the valuation and management of whole loan transactions consisting of distressed consumer credit. He also spent years on the fixed income trading desk, where he was involved in market-making across a spectrum of securitised and Australian government/semi-government bonds.

Previously, Jacob had been a quantitative analyst in securitisation and structured finance at Threadneedle Asset Management in London. Before that, he was at Babcock and Brown in Sydney, where he was primarily responsible for the design and implementation of loan-level credit models and portfolio risk analytics. Jacob has also worked at BT Financial Group as a Risk and Performance Manager. Jacob holds Bachelor of Commerce (Actuarial Studies)/Bachelor of Applied Finance degrees from Macquarie University, as well a Masters of Quantitative Finance from the University of Technology, Sydney. Jacob has also previously qualified as a Fellow of the Institute of Actuaries of Australia.

 
 

Adam Schwartz Director

Adam has over a decade of financial markets experience in London, where he worked as a sales trader for three investment banks. Coming home to Sydney, he was looking for a chance to do something in finance with an entrepreneurial flavour and with the free-flowing team dynamic that isn’t possible in companies with thousands of employees. Invited to join the team at Global Credit Investments, he found the opportunity to be part of the long-overdue disruption of the banking sector too good to resist.

Adam started his career at Investec UK and, after some time at the emerging market house Renaissance Capital, he joined the team at Bank of America Merrill Lynch (BAML). His primary focus was in equities, but he has had significant exposure to a range of asset classes. During his time at these companies, Adam was entrusted with servicing and advising some of the largest long-only and hedge fund clients in Europe. He holds a degree in Commerce from the University of NSW.

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+61 (2) 9230 0850
contact@globalcreditinvestments.com