Monroe Capital, SMBC, and MA Financial Group Form Joint Venture for $1.7 Billion in Middle Market Credit

Monroe Capital, Sumitomo Mitsui Banking Corporation (SMBC), and MA Asset Management, a part of MA Financial Group (ASX: MAF), announced today the formation of a new joint venture (JV) aimed at investing up to $1.7 billion in primarily secured loans to US middle-market companies. The JV will leverage the complementary strengths of the three partner institutions to build a differentiated platform focused on the attractive segment of private credit for middle-market firms.

MA Financial Group, based in Sydney, Australia, operates in the capital markets sector, providing corporate advisory, equities, and asset management services including mergers and acquisitions, divestments, equity and debt raising, equities research, capital management, and recapitalization. The company’s market capitalization stands at AUD 1.18 billion, with a closing price of AUD 6.32 on May 5, 2025.

Changes in Director’s Interests

On May 5, 2025, MA Financial Group Limited (MA Financial) reported changes in directors’ interests through Appendices 3Y. These documents, submitted to the Australian Securities Exchange (ASX), detail changes in interests held by directors Chris Wyke, Julian Biggins, and Andrew Pridham. The notices comply with ASX rules and are made public upon submission.

Andrew Pridham’s Trust Sale

Andrew Pridham’s trustee of a Pre-IPO Trust sold shares in MA Financial Group Limited on April 28, 2025, to meet contractual obligations of the trust. The trustee is controlled by Mr. Pridham.

Portfolio Updates

The Intelligent Investor Australian Equity Growth Fund – Active ETF and the Intelligent Investor Ethical Share Fund – Active ETF both disclosed their portfolio updates as of April 30, 2025. The updates include holdings in various companies, with no specific mention of MA Financial Group.