MA Financial Group, an ASX-listed global alternative asset manager, launched MA Specialty Credit Income Fund, a continuously offered, closed-end interval fund registered under the Investment Company Act of 1940.
The fund invests in a differentiated portfolio of U.S. private credit assets, spanning asset-based lending, specialty finance and co-lending opportunities, originated directly by MA’s team of investment professionals. The fund aims to deliver attractive risk-adjusted returns through various market cycles while providing daily pricing, monthly income distributions and quarterly repurchases.
“We are excited to deliver a seasoned strategy with direct sourcing and origination capabilities and a proven investment process to a wider range of investors with this new fund,” Ashees Jain of MA said.
The fund is managed by MA Asset Management, the U.S. business of MA Financial Group, established in May 2023 through the acquisition of Blue Elephant Capital Management.
“We believe access to a portfolio of private asset-based lending and specialty credit opportunities offers investors a genuine fixed income alternative, benefitting from the inherent diversification, portfolio granularity and attractive collateral features that this asset class can deliver while providing diversification through a broader set of collateralized investment opportunities,” J.P. Marra, head of U.S. asset management, said.
“This marks an important milestone for our global credit platform, which represents more than US $4.3 billion in assets,” Frank Danieli, head of global credit solutions for MA, said. “Today’s announcement illustrates the firm’s commitment to providing exceptional investment solutions for our global client base.”
The MA Specialty Credit Income Fund is distributed by Distribution Services through ACA Global.
