MA Financial Group

Join our Head of Equities Edward Day as he discusses Australia’s housing and rental markets on the latest episode of Taking Stock.   Australia’s low vacancy rates continue to put upward pressure on house prices and rents. After a recent trip to Perth, Ed explains data is showing house prices there have climbed 30-40% over the past 12 months.   With interest rates almost certainly on hold until the new year, Ed analyses what this means for Australia’s housing and rental market, and shares three listed housing stocks to keep an eye on.

We are pleased to announce that MA Moelis Australia acted as the exclusive financial advisor to Elanor Investors Group on its recent senior secured debt refinancing with Keyview Financial Group.   The refinancing of the existing senior secured debt facility with a new two-tranche senior secured facility provides up to A$85 million in funding and supports Elanor’s working capital requirements and the repayment of existing senior debt while paving the way for the Group to execute its announced asset realisation program.   David MacDonald, Executive Director shared, “This successful transaction underscores Moelis’ expertise in special situations and complex financial arrangements. We’re proud to support Elanor’s strategic objectives and strengthen our long-standing partnership with the Group.”   This transaction showcases MA Moelis Australia's capabilities in negotiating bespoke capital solutions that address multifaceted challenges and delivers value for multiple stakeholders. Rashi Behani, CFA Tom Buckley

We are proud to have acted as the exclusive corporate and financial advisor to Five V Capital on the divestment of The APP Group to Bureau Veritas Group. This transaction marks a significant step for Bureau Veritas, a global leader in testing, inspection, and certification services, as they expand their Building and Infrastructure division in Australia and enhance their capabilities in the APAC region. The APP Group, Australia’s leading infrastructure and property advisory services platform, will bring extensive expertise in independent verification and certification to Bureau Veritas, bolstering client relationships and supporting landmark projects across government and private sectors. Chris Stefanovski, Managing Director commented on the deal: "Our partnership with Five V and The APP Group underscores MA Moelis Australia’s commitment to trusted client relationships and cross-border transactions in the industrials and professional services sector. We are pleased to have helped Five V and The APP Group achieve a successful outcome in this milestone transaction." Andrew McGilvery Sara Tomaz, CFA Daniel Zhao

Join Investment Manager Heath Grundy from our Real Estate Credit team for the latest episode of ‘InSites’, where he is on-site at FY Property’s award-winning Chatswood Garden townhouse development in Chatswood, NSW.   Our Real Estate Credit team proudly financed Chatswood Garden, which was recently awarded Best Townhouse Development (NSW) at the 2024 PropertyGuru Asia Property Awards. We partnered with the developers to help deliver the project despite challenging conditions such as COVID-19 delays, severe weather, cost escalations, and a change in builder.   #MAFinancial #RealEstateDevelopment #ChatswoodGarden #RealEstateFinance #InvestmentProperty #Chatswood #FYProperty #PropertyAwards

We are proud to have acted as joint bookrunner, underwriter and lead manager together with Morgans Financial Limited to Eureka (ASX:EGH) on its $70.4m equity raising.  Eureka is the only listed pure play provider of affordable seniors’ rental accommodation in Australia with 52 villages across NSW, QLD, VIC and SA. Proceeds from the Equity Raising will be used to fund the acquisition of 441 units across 7 villages and 38 single units across 4 managed villages for $49.9 million and identified village expansion opportunities of $7.5 million. Ben Boyd, Managing Director and Head of Real Estate in our Corporate Advisory team said, “We’re thrilled to have partnered with Eureka once again, our third transaction together. These acquisitions represent a transformative step in Eureka's growth, significantly increasing their scale in the seniors' rental sector and solidifying their position as Australia's leading owner, operator, and developer of seniors' rental communities” Christopher Slater Alexander Klimt Kate Arkins CA James Parker Eric Roles Justin Scalone Tom Buckley Mark Gross Diviya Patel Andrew McAfee Katelyn Tooker

Back this week from a trip to visit our MA Asset Management team in NYC, Frank sat down with ausbiz’s Andrew Geoghegan for an in-depth discussion around what he and the team are seeing on the ground in the US in private credit markets.   Frank discusses the major $25 billion co-lending agreement between Apollo and Citibank and explains why this is the next evolution in private credit, demonstrating banks and private lenders are not foes and rather can collaborate for mutual benefit and greater client outcomes. Frank also explains how we leveraged this type of co-lending arrangement in an Australian-first partnership with humm group’s asset finance platform flexicommercial Australia to acquire up to $1 billion worth of its commercial asset finance loans via our private credit managed funds.   In the interview, Frank and Andrew also discuss the rise of the multi-trillion dollar ‘asset-based finance’ market (real-world economy financing of whole portfolios of loans) and the opportunities for investors. 

In the latest episode of ‘Questions over Coffee’ we sit down with our Head of Credit Investments and Lending Frank Danieli in New York City. Frank shares invaluable career advice, insights on doing business in the US, some of his best kept secrets when visiting NYC, and his thoughts on the US private credit market (“Transforming dramatically and the biggest opportunity globally other than AI.”). Frank visits the Big Apple regularly as he works with our MA Asset Management team there on building out our private credit offerings in the US. A special mention and thank you to Bluestone Lane for hosting us. #questionsovercoffee #mafinancial #finance #investing #newyork #privatecredit #bluestonelane #careeradvice #mentorship #askmeanything

A shoutout to all those in our Sydney office who took part in the 2024 J.P. Morgan Corporate Challenge – the world’s largest corporate running event. A special mention to our Head of Corporate Advisory Paul Rathborne and Chief Operating Officer Janna Robertson who recorded the fastest times for men and women in our office for the 5.6km Centennial Park circuit. #jpmcc #mafinancial #jpmorgancorporatechallenge #sydney #jpmccsydney2024

In a new article by Livewire Markets the team share private credit market written and video insights from our Head of Credit Investments and Lending Frank Danieli.   In our four-part written insight series Frank introduces the rapidly growing asset class, exploring the wide range of opportunities now available for Australian investors.   In our five-part video series Frank along with our Joint CEO Chris Wyke provide transparency into our detailed and diligent approach to private credit investing explaining how and why it sets us apart.

Today we announced to the market an update on our performance for the quarter to 30 September 2024.   Key highlights include: 📌 Record gross fund inflows of $1.6 billion in the nine months to 30 September, up 25% on the same period last year 📌 AUM up 11% on 3Q23 to $9.9 billion 📌 $500 million of commitments into our recently announced Real Estate Credit Vehicle with Warburg Pincus LLC 📌 Finsure added 247 brokers to its platform, and its managed loans grew 24% over the last year to $128 billion 📌 The MA Money loan book grew 180% over the last year to $1.7 billion Seeking to launch a new Private Credit listed investment trust on the ASX in 1H25.   Read the ASX release for full details below