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In this special mini edition of What Matters, Frank Danieli, Head of Global Credit Solutions at MA Financial, unpacks the key themes from his September quarter private credit investor letter exploring the theme “the greatest teacher, failure is.”
Frank explains why at MA Financial we believe private credit investing is all about ‘avoiding losers, not picking winners.’ He reflects on recent high-profile borrower failures in the US such as First Brands and Tricolor, to illustrate the importance of managing credit risk and controlling structural risk, and the valuable lessons to be learned from studying situations that have gone wrong.
Frank’s quarterly letter and podcast are essential resources for updates on MA Financial’s Global Credit Solutions fund suite, and expert insights into the trends shaping private credit markets.
DISCLAIMER
The information in this podcast series is being made available by MA Financial Group Limited (ACN 142 008 428) and its related bodies corporate (“MA Financial”) for informational purposes only and reflects the views of its participants as at the date indicated. Information may include general advice only and does not take into account your individual objectives, financial situation, needs or tax circumstances. The information in the podcast does not constitute and should not be construed as an offering of advisory services, personal investment advice, or an offer to sell or solicitation to buy any securities or related financial instruments in any jurisdiction.
Equity Trustees Limited (Equity Trustees) (ABN 46 004 031 298) (AFSL 240975) is the responsible entity for the MA Credit Income Trust ARSN 681 002 531 (MA1). MAAM RE Ltd (MAAM RE) (ACN 135 855 186) (AFSL 335783) is the responsible entity of the MA Priority Income Fund ARSN 648 809 849 (PIF). You should obtain a copy of the Product Disclosure Statement (PDS) and Target Market Determination (TMD) for MA1 and PIF available on mafinancial.com/invest and consider consulting with a financial adviser before making any investment decision. You should read the PDS and TMD of PIF for further information on the capital buffer and the priority income features of PIF, and the PDS and TMD of MA1 for further information on the credit exposure and product features of MA1. An investment in PIF and MA1 involves risk. Past performance is not a reliable indicator of future performance.
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25 episodes