MA Financial Group
ASX:MAF
Shares in the alternative asset manager fell by around 10% in response to its “pretty solid” full-year results, with the downward move puzzling its co-CEO.
Shares in the alternative asset manager soared after its annual results, with its booming residential mortgage business the standout.
Just one month after launch, the US middle-market joint venture with Monroe Capital and SMBC has already written several loans in 'boring' sectors.
The popularity of private credit assets has caught the eye of regulators but MA Financial and Metrics Credit Partners say concerns are overblown.