MA Financial Group Unveils New Interval Fund
MA Financial Group Limited has officially launched its latest product, the
MA Specialty Credit Income Fund (SCISX), marking a significant milestone in its expansion strategy into North America. With more than
$6.8 billion in assets under management (AUM), MA stands out as a key player in the alternative asset management space, focusing on private credit, real estate, and hospitality investments.
Overview of the Fund
The SCISX is a continuously offered, closed-end interval fund that invests in a unique portfolio primarily composed of
US private credit assets. This fund encompasses various lending strategies, including asset-based lending, specialty finance, and co-lending opportunities. Managed by
MA Asset Management, the fund aims to cater to a broader investor base by providing innovative investment solutions designed to yield attractive risk-adjusted returns across multiple market cycles.
As
Ashees Jain, chief investment officer at MA Asset Management, stated, "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."
The Management Team
The strategic approach of the SCISX fund benefits from the expertise of a well-established team, which includes seasoned professionals like
J.P. Marra,
Ashees Jain, and
Kent MacWilliams. These experts bring extensive knowledge and experience in private credit to the daily operations of the fund, focusing on providing long-term value to investors.
Investment Focus
The fund’s targeted investment strategy revolves around the growing segment of
asset-based lending, which relies on diverse pools of loans, assets, and receivables. Marra emphasized, "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."
Commitment to Investors
Today's launch of the SCISX represents MA's first investment vehicle in North America, reinforcing the firm’s commitment to expanding its global credit platform, which now boasts assets exceeding
$4.3 billion.
Frank Danieli, head of Global Credit Solutions, reflected on this important moment, stating, "This marks an important milestone for our global credit platform. Today's announcement illustrates the firm's commitment to providing exceptional investment solutions for our global client base."
Distribution and Governance
The MA Specialty Credit Income Fund is distributed in collaboration with
Distribution Services, LLC through ACA Global, aiming to ensure that investors have access to essential information and resources to facilitate informed investment decisions. Investors interested in the fund should consider its objectives, risk parameters, and expenses by consulting the provided
Prospectus.
Risk Considerations
However, potential investors must be aware of the risks associated with the fund. Notably, as a non-diversified fund, the SCISX is subject to more significant fluctuations in market value, which can affect its net asset value. As such, investment in the SCISX should be approached with caution, particularly for those needing liquidity, as the fund’s structure may not provide immediate access to capital.
Conclusion
Overall, the introduction of the MA Specialty Credit Income Fund is a notable step for MA Financial Group as it continues to expand its offerings to investors in the highly competitive North American market. With a strong management team and a clear investment strategy, the fund is poised to serve those looking for distinctive investment opportunities in private credit.
For further information about MA Financial and its new offering, visit
MA Financial.