Wilsons Advisory is pleased to have acted as Joint Lead Manager to the recent placement to wholesale investors by the MCP Master Income Trust (ASX.MXT; “MXT” or the “Trust”) to raise approximately $191.8 million (the “Placement”).
MXT is managed by Metrics Credit Partners (“Metrics”), an alternative asset management firm specialising in direct lending to Australian companies and an active participant in the Australian private credit market, with assets under management of approximately A$7 billion.
Metrics' Managing Partner, Andrew Lockhart commented that the proceeds raised “will allow us to continue to provide a valuable source of non-bank finance to Australian companies. This placement is expected to deliver enhanced outcomes for investors via greater portfolio diversification, enhanced returns and lead to further cost reductions over time. We thank our investors for their continued investment in our various funds" (ASX Announcement, dated 22 April 2021).
Wilsons Advisory is pleased to offer access to such a high calibre investment opportunity to its wholesale clients. Richard Sherman, Head of Corporate Finance Origination at Wilsons Advisory said “At Wilsons Advisory we are motivated to deliver enhanced financial outcomes for our clients. We have maintained a close relationship with Metrics since acting as Joint Lead Manager to the MXT IPO in October 2017, and are pleased to have partnered with Metrics on another successful transaction as it continues to deliver on its stated investment strategy.”
Note: all services provided by Wilsons Advisory in relation to the Placement were provided to wholesale investors only. Any recommendations were made in the best interests of the individual client and were appropriate to the client’s personal circumstances.
About Wilsons: Wilsons is a financial advisory firm focused on delivering strategic and investment advice for people with ambition – whether they be a private investor, corporate, fund manager or global institution. Its client-first, whole of firm approach allows Wilsons to partner with clients for the long-term and provide the wide range of financial and advisory services they may require throughout their financial future. Wilsons is staff-owned and has offices across Australia.
Disclaimer: This communication has been prepared by Wilsons Advisory and Stockbroking Limited (ACN 010 529 665; AFSL 238375) and/or Wilsons Corporate Finance Limited (ACN 057 547 323; AFSL 238383) (collectively “Wilsons”). It is being supplied to you solely for your information and no action should be taken on the basis of or in reliance on this communication. To the extent that any information prepared by Wilsons contains a financial product advice, it is general advice only and has been prepared by Wilsons without reference to your objectives, financial situation or needs. You should consider the appropriateness of the advice in light of your own objectives, financial situation and needs before following or relying on the advice. You should also obtain a copy of, and consider, any relevant disclosure document before making any decision to acquire or dispose of a financial product. Wilsons’ Financial Services Guide is available at wilsonsadvisory.com.au/disclosures.
All investments carry risk. Different investment strategies can carry different levels of risk, depending on the assets that make up that strategy. The value of investments and the level of returns will vary. Future returns may differ from past returns and past performance is not a reliable guide to future performance. On that basis, any advice should not be relied on to make any investment decisions without first consulting with your financial adviser. If you do not currently have an adviser, please contact us and we would be happy to connect you with a Wilsons representative.
To the extent that any specific documents or products are referred to, please also ensure that you obtain the relevant disclosure documents such as Product Disclosure Statement(s), Prospectus(es) and Investment Program(s) before considering any related investments.
Wilsons and their associates may have received and may continue to receive fees from any company or companies referred to in this communication (the “Companies”) in relation to corporate advisory, underwriting or other professional investment services. Please see relevant Wilsons’ disclosures at www.wilsonsadvisory.com.au/disclosures.