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IRVINGTON, N.Y., Dec. 17, 2024 /PRNewswire/ -- MA Financial Group Limited ("MA") (ASX: MAF) an ASX-listed global alternative asset manager with over US $6.8 billion AUM, today announced the launch of the MA Specialty Credit Income Fund (SCISX) ("the Fund") a continuously offered, closed-end interval fund registered under the Investment Company Act of 1940.
The Fund invests in a differentiated portfolio of US private credit assets, spanning asset-based lending, specialty finance, and co-lending opportunities, originated directly by MA's seasoned team of investment professionals. The Fund aims to deliver attractive risk-adjusted returns through various market cycles while providing daily pricing, monthly income distributions and quarterly repurchases. "We are excited to deliver a seasoned strategy with direct sourcing and origination capabilities and a proven investment process to a wider range of investors with this new Fund," said MA's Ashees Jain.