MA Financial Group (ASX:MAF) is in advanced talks to raise AU$300 million for a listed private credit trust amid a push to manage AU$15 billion by the end of 2026, The Australian reported Monday, citing unnamed sources.
The diversified financial services company has started contacting potential investors for the first big float of 2025, per the report.
MA Financial reported AU$9.9 billion in assets under management in the third quarter of 2024, an increase of 11% year on year.
The company did not immediately respond to a request for comment from MT Newswires.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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