Equity Trustees has partnered with two alternative fund managers as the responsible entity (RE) for their latest fund launches.
The first partnership is between Equity Trustees and global alternative asset manager MA Financial which is listing its MA Credit Income Trust. It was announced earlier this week that MA Financial has already closed its IPO for the product early after raising $330 million, some 10 per cent higher than initial targets, with the fund set to list on 5 March.
In the case of MA Financial, Equity Trustees will be the custodian as well as the RE.
The second firm is Realm Investment House, an Australian-based credit and fixed income manager which is launching a Dominion Listed Income Trust.
Based in Melbourne, Realm was founded in 2012 and has $7.5 billion in assets under management.
The Dominion Listed Income Trust 1 will provide investors with access to a diversified portfolio of public and private credit and fixed income assets. Designed to deliver consistent risk-adjusted returns, the fund emphasises liquidity and a robust governance framework, offering institutional and retail investors the opportunity to participate in high-quality private credit opportunities.
Frank Danieli, managing director and head of credit investments and lending at MA Financial, said: “The launch of the MA Credit Income Trust is a pivotal moment for MA Financial as we continue to build our presence as a leading private credit asset manager.
“We are proud to be partnering with Equity Trustees, for responsible entity and custodian services, providing a new way for investors to access our flagship private credit strategies. The fund has attracted strong interest from investors and introduces asset-backed lending as an essential and innovative element in the private credit landscape.”
Broc McCauley, partner and head of distribution at Realm Investment House, said: “The launch of the Dominion Listed Income Trust 1 represents an exciting milestone for Realm as we broaden our offerings to reach a wider range of investors. Partnering with Equity Trustees, a trusted leader known for their integrity and expertise as a responsible entity, was a natural choice for this innovative fund.”
Last November, the firm announced it had been selected as the RE for two funds: one run by Coller Capital and one from FIIG Securities.
The Coller Private Equity Secondaries Fund opened for investment on 1 October and is an Australian managed investment scheme, while the FIIG Monthly Income Fund is an actively managed fixed income fund.
