Case Study: Leading Australian Fund Management Company achieves more favourable swap terms and smoother cash flow with Rochford Capital

Leading Australian Fund Management Company - Customer Case Study

Leading Australian Fund Management Company was launching a new AUD 1bn property fund with 60% leverage, and needed to meet a financing condition requiring 50% of the debt to be hedged. Rochford Capital was engaged to help manage the fund’s interest rate risk and align the hedging approach with the fund’s objectives.

Rochford Capital analysed the risk and swap curve, evaluated the available hedging options, and managed counterparty negotiations across pricing, structure, documentation, and execution. The swaps were executed on significantly more favourable commercial terms, and the execution was phased over time to reduce the near-term impact on distributions and cash flow.