Jun 19, 2026 – 5.00amMA Financial, one of the highest-profile private credit providers in the country, is closing a high-yield fund and has warned that one of its major investments could be so underwater that it provides almost no return.The closure of the $80 million MA Credit Opportunities Fund, a small part of the company’s sprawling asset management empire, comes amid intense scrutiny from the corporate regulator on valuations. The Australian Securities and Investments Commission warned on Thursday that there were “pockets where valuations are lagging that economic reality.”Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
MA Financial to shutter high-yield private credit fund after review
The strong returns and worries about a significant loan at the vehicle illustrate the attraction of private credit, and the broader challenges the sector faces.
110 words~1 min read
