MinterEllison advises Metrics on launch of new listed investment trust

1 minute read  15.03.2019

MinterEllison has advised Metrics Credit Partners (Metrics) on the formation and A$200 – $300 million initial public offer of units in the MCP Income Opportunities Trust (ASX:MOT).

Metrics is a leading Australian non-bank corporate lender and alternative asset manager who manage in excess of A$3.4 billion in assets. Metrics specialises in fixed income, private credit and capital markets.

The Trust, which is the second listed trust managed by Metrics, seeks to provide investors exposure to a portfolio of mostly private credit investments by gaining exposure to wholesale funds managed by Metrics.

MOT is intended to complement the existing MCP Master Income Trust (ASX:MXT) which MinterEllison also advised on. MXT was listed in 2017 raising in excess of $500m with a subsequent A$381 million capital raising in 2018.

MinterEllison has now advised Metrics on both listed trusts.

“MinterEllison was pleased to partner with Metrics on the launch of their second listed trust, the MCP Income Opportunities Trust, after advising on the successful launch and listing of the MCP Master Income Trust in 2017,” said Nathan Cahill, MinterEllison's lead Partner.

The MinterEllison team was led by Nathan Cahill (Partner). He was supported by Daniel Scotti (Partner), Henry Wong (Special Counsel), Nicole Sloggett (Senior Associate), Yoni Garson (Associate), Thomas Daley (Lawyer), Nicole Martinez (Lawyer) and Sam Fong (Lawyer).

For media enquiries, please contact:

Anna Szabo
Chief Clients & Markets Officer
M +61 402 871 202

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https://www.minterellison.com/articles/minterellison-advises-metrics