Equity Trustees lands custodian gig for new | Australian Markets

MA Monetary Group has chosen Fairness Trustees because the accountable entity and custodian for its soon-to-be-listed non-public credit fund.

The Credit score Earnings Belief is the primary listed non-public credit fund to be launched by Sydney-based investment firm MA Monetary Group.

The Belief shall be listed on the Australian Securities Change (ASX) on Wednesday 5 March 2025.

Fairness Trustees’ EGM of company and superannuation trustee companies Andrew Godfrey hailed the partnership, which he mentioned “exemplifies the strength of collaboration between innovative asset managers and experienced responsible entities and custodians”.

He added that custodian and accountable entity companies stay vital for fund managers to make sure the trust meets its regulatory and compliance obligations.

Frank Danieli, MA’s managing director and head of credit investments and lending, mentioned the partnership would improve buyers’ entry to the firm’s flagship non-public credit methods.

MA is a specialist world various asset supervisor, with a deal with the non-public credit, real estate and hospitality markets. The firm at present oversees $9.9 billion in belongings beneath management and $128 billion in managed loans.

Based on Fairness Trustees, the new Belief boasts entry to the firm’s “large, diversified portfolio” of flagship non-public credit methods, which have “delivered consistent returns and outperformed traditional benchmarks for fixed income investments since inception”.

For Danieli, the launch of the fund serves as a “pivotal moment” for the firm because it builds its presence within the non-public credit market.

The fund, he notes, “has attracted strong interest from investors and introduces asset-backed lending as an essential and innovative element in the private credit landscape”.

Fairness Trustees was final yr chosen by each FIIG Securities and Coller Capital as custodian and accountable entity for its funds.