Sale of MA Aged Care Fund delivers strong returns

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Stock MA Financial Group Ltd (MAF.ASX)
Release Time 2 Mar 2026, 9:01 a.m.
Price Sensitive Yes
 MA Financial Group sells MA Aged Care Fund for strong returns
Key Points
  • Sale of Infinite Care, the sole asset of the MA Aged Care Fund, delivers investors over 2.8x invested capital return
  • MA Financial to realise a gain of approximately $20 million on its co-investment and receive a performance fee
  • The cash generated will be recycled into growth initiatives
Full Summary

MA Financial Group Limited (ASX: MAF) has announced the sale of Infinite Care, the sole asset of the MA Aged Care Fund, to Anglicare Sydney for an undisclosed sum. The transaction is expected to complete in the first half of 2026, subject to customary approvals and closing conditions. Through its co-investment in the fund, MA Financial will realise a gain on sale of approximately $20 million, which will be treated as a one-off significant item in the Group's FY26 underlying earnings. In addition, the Group will receive a performance fee associated with the Fund's strong performance. The precise size of the investment gain and performance fee will depend on final transaction adjustments. The cash generated by MA Financial as a consequence of the realisation of its co-investment and performance fee will be recycled into growth initiatives. The transaction will create a leading national for-purpose residential aged care provider, as a subsidiary of Anglicare Sydney. MA Financial believes Infinite Care is an impressive asset that will benefit from its inclusion in Anglicare's residential aged care portfolio, bringing together high-calibre teams committed to delivering whole-of-person, life-enriching and respectful care for older Australians.