The proceeds will be channelled into private credit investments across three main market segments: direct asset lending, asset-backed lending and direct corporate lending.
Investors can choose from a non-renounceable entitlement offer and a shortfall offer, which will provide exposure to MA Financial Group’s private credit strategies.
Since its successful ASX listing on 5 March this year, with an initial raise of $330 million, the MA Credit Income Trust (ASX: MA1) has experienced robust inflows, primarily driven by strong investor interest in private credit funds.
Over the last two and a half years, assets under management (AUM) for MA Private Credit have more than doubled.
As of August, the firm held $12.7 billion in AUM across private credit, real estate, private equity and venture capital and equities – with projections indicating this figure will reach $15 billion by the end of next year.
Rebecca Ong, chief legal and operating officer at MA Financial, said the success of this latest capital raise marks another “important milestone” for the global alternative asset manager.
“We are delighted to have partnered with the HSF Kramer team again and value their contribution towards the success of MA1 and a number of other strategic firm initiatives,” Ong said.
Prior to the closure of the entitlement offer, Herbert Smith Freehills Kramer (HSF Kramer) had advised on the MA Credit Income Trust’s ASX listing and initial public offering (IPO) in March 2025, as well as in a AU$50 million placement in July.
In addition, the firm provided counsel to MA Financial on its AU$90.4 million acquisition of IP Generation, a specialist real estate investment management firm, in June 2025.
It also oversaw a AU$490 million commitment from Warburg Pincus for MA Financial’s real estate credit vehicle in October of the previous year.
Commenting on the entitlement, HSF Kramer partner Nicole Pedler said the team is proud to have supported the MA Credit Income Trust in its latest capital raising.
“It is a privilege to have worked closely with the MA Financial team in relation to MA1 since its IPO and to have assisted MA1 in raising AU$570m in 2025,” Pedler said.
Beyond its collaboration with MA Financial, HSF Kramer has a long track record of providing advice in Australian equity capital markets.
This includes recent advisory roles for GemLife’s $750 million IPO earlier this year, as well as work with prominent firms such as HMC Capital, DigiCo, Morgan Stanley, and JP Morgan.
