Australia's Private Credit: Not Just Sponsor-Backed Debt
Post-GFC regulations forced Aussie banks out of lending, creating a unique private credit market. Expect asset-backed deals, not just direct lending.
Frank Danieli – Roadmap for Private Credit from Australia
With Ted Seides, Frank Danieli · Sunday, July 19, 2026
Frank Danieli, from MA Financial Group, details the unique evolution of private credit in Australia and the broader APAC region, characterized by a wider definition beyond traditional sponsor-backed lending due to regulatory shifts. He outlines MA's strategy, emphasizing proprietary origination, diversified portfolio construction, and rigorous risk management frameworks like the 'What You Have to Believe' and 'Red Team' approaches. Danieli also touches on the firm's global expansion and the critical importance of transparency and long-term perspective in the private credit industry.
Key takeaways
- Australia's private credit market evolved distinctively post-GFC, driven by stringent bank regulations that forced the historically dominant “big four banks” (controlling 80% of lending) to retreat from various lending areas. Read more →
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