Perpetual’s trustee heritage, size and financial strength makes it the ideal ‘trusted intermediary’ for clients requiring a range of agency and escrow services.
For clients seeking a partner to act as escrow, facility or paying agent, Perpetual provides the reassurance of a long history, process efficiency and industry expertise.
Scale and strength
Trusted and independent
Perpetual acts as an independent party, holding assets on trust for the benefit of all parties in an escrow arrangement. These services extend to:
- Mergers and acquisitions
- Project financing
- Private equity
- Capital market transactions
- Liquidations and workouts
- Court case settlements
- Intellectual property transactions
- Listed and unlisted securities
As Facility Agent Perpetual acts on behalf of the lenders in debt financing transactions. Services include performing calculations in accordance with the transaction documents, seeking instructions from the lenders, arranging meetings of the lenders and instructing the security trustee in accordance with the lender’s directions.
As Paying Agent Perpetual maintains bank accounts on behalf of the lenders in a debt financing transaction and makes payments to the lenders in accordance with the transaction documents. This role may be in conjunction with our role as Facility Agent or as a separate role.
Richard McCarthy is General Manager, Sales and Product and is responsible for growing Perpetual Corporate Trust’s business through new product initiatives, sales and marketing.
Richard has over 18 years’ experience in providing trustee, custody and administration services to the debt capital markets and funds management industry.
Richard joined Perpetual Corporate Trust in August 2007 and has worked across its trust and fund services businesses.
For the twelve months prior to joining Perpetual in August 2007, Richard was the Head of Relationship Management at BNY Mellon’s Corporate Trust Division in Sydney and was an integral part of the transition of JPMorgan Sydney's corporate trust business to The Bank of New York in 2006.
Prior to this, Richard spent eight years in JPMorgan's (Chemical and Chase Manhattan Bank) Institutional Trust Services business in London before moving to JPMorgan Sydney in August 2003 to integrate the business acquisition of Guardian Trust. Richard was a Responsible Officer and his integration role included Business Development, Relationship Management, Risk, Compliance, Operations and Analytics.
Greg White is Sales and Relationship Manager and is responsible for business development and relationship management primarily within the debt capital markets.
Greg has deep expertise and relationships in this segment having worked with Perpetual Corporate Trust for over 14 years in the Corporate & Structured Finance team, Transaction Management and most recently in the Sales & Product team as Product Manager, overseeing new markets and product development.
Prior to working at Perpetual Greg worked at ANZ Institutional Bank in relationship management and credit analysis, Bendigo Bank and Monte Dei Paschi Di Siena (Italian Merchant Bank).
Greg has over 21 years’ experience in the banking and financial services sector.
Matthew Allen is Senior Vice President, Singapore. From his base in Singapore, Matthew has responsibility for business development and relationship management throughout Asia. He has developed a deep and broad knowledge of the investment landscape across multiple asset classes including property, infrastructure and credit. His key relationships with lawyers, accountants, global custodians, prime brokers, administrators and consultants are invaluable to clients in both the establishment and ongoing servicing of their funds.
Matthew was formerly Senior Sales & Relationship Manager for Perpetual Corporate Trust based in Sydney, Australia. Matthew was instrumental in growing its fund services business which included Responsible Entity, Trustee, Custody and Fund Administration services. He has worked extensively with both local and offshore Fund Managers in the establishment and launch of their funds.