MA Financial appoints new exec to support growing intermediary demand

ASX-listed alternative asset manager MA Financial Group has appointed a new senior director for distribution responsible for managing increasing demand from financial intermediaries and family offices in Australia.

Seasoned wealth industry manager Renee Oldfield will assume the new executive director role within MA’s Asset Management business, tasked with managing key stakeholder relationships in Western Australia and South Australia.

Oldfield will be based in MA’s Perth office.

MA Financial Group’s head of domestic distribution Lee Hayes said the new role represents the “growing demand for alternative investments from our clients, and is a critical step in building out our distribution capabilities to ensure client coverage across the country.”

The firm, headquartered in Sydney and specialising in private credit, covering real estate lending and hospitality investments, recognised Oldfield’s “considerable experience across real estate, private credit and fixed interest”.

Hayes added that she was “delighted” to welcome Oldfield, an experienced distribution manager, to the firm.

“Her extensive and relevant experience and knowledge in addition to her exceptional relationships will be valuable to both our team and our clients across the region.”

Oldfield joins from MA Financial from Charter Hall, where she served multiple regional distribution manager roles covering multiple Australian states, including most recently as WA state lead, across her more than four-year tenure with the property specialist investment firm.

Previously, she was National Distribution Director at boutique property investment firm Acure Asset Management Limited. Across her more than 25-year career in financial services, Oldfield also held roles at FIIG Securities, Aspen Group Limited and Macquarie Group.

MA Financial oversees $10.3 billion in assets, lending upwards of $139 billion in managed loans.

The company has offices across Australia, as well as in China, Hong Kong, New Zealand, Singapore and the United States, a longstanding expansion priority, with more than 700 employees.

The appointment of Oldfield, MA noted, follows several recent milestones for the group, including the launch of its inaugural ASX-listed private credit fund the MA Credit Income Trust, and its recent partnership with Warburg Pincus to launch a more than $1 billion Real Estate Credit Vehicle.