Private equity and venture capital
MA Growth Partners Fund
Provides investors with direct access to technology-enabled private equity opportunities in Australia, targeting returns above 25% p.a.¹ over a three-to-five-year investment horizon.

The Fund targets a 25%+ IRR¹ by investing in both high growth software businesses and tech-enabled private equity
The Fund’s unique multi-class structure provides investors with flexibility to participate without obligation in individual classes, co-investing alongside the Manager on a deal-by-deal basis²
The Manager has invested more than $600m and delivered over 10 exits at an average money multiple of 2.2x and IRR of 42%³
Fund overview
The Fund seeks to provide investors with attractive risk-adjusted returns by investing in compelling Australian businesses with strong fundamentals, clear growth trajectories, and significant value creation potential through technology.
The Fund targets two types of companies:
- high-growth enterprise technology businesses
- traditional operating companies with the potential for transformational value unlock through technology enablement.
The Fund will invest alongside experienced operators and management teams, ensuring strong alignment of interests and a shared focus on long-term value creation through to exit.
The Manager has a strong track record of delivering exits over three-to-five-year time periods via trade sales, IPOs and secondary sales.
Unique multi-class Fund structure
The Fund’s unique multi-class structure provides investors with full discretion to participate without obligation in individual Classes, co-investing alongside the Manager on a deal-by-deal basis.2
This model delivers alignment, transparency, and control, enabling investors to build a curated portfolio of growth-stage technology-enabled private equity investments.
Fund facts
Target return¹
25%+ p.a. Target Returns will be set out in the relevant Investment Brief for each Class
Distributions
Capital, profits and dividends distributed as received per Class
Minimum initial investment
$100,000
Eligibility
Wholesale investors
Target investment term
Three to five years per Class
For more information and to arrange a discussion, please contact us.
1. Pre-tax and performance fees. Net of management fees.
2. Each class of securities will have its own Investment Brief setting out the key terms of issue, including investment objectives and fees. The Investment Brief forms part of the offer materials and should be read alongside this Information Memorandum and the Trust Deed.
3. As at 30 June 2025. Simple average across previous exits shown pre-tax and pre-fees (unaudited in nature).
MA Asset Management Ltd (ACN 142 008 535) (AFSL 427515) is the trustee (Trustee) of the MA Growth Partners Fund (Fund) and has appointed MA Investment Management Pty Ltd ACN 621 552 896 as investment manager of the Fund (Manager).
The Trustee has prepared this material for wholesale investors as defined under section 761G of the Corporations Act 2001 (Cth). While every effort has been made to ensure that the information in this material is accurate, its accuracy, reliability or completeness is not guaranteed. Statements contained in this material that are not historical facts are based on current expectations, estimates, projections, opinions and beliefs of the Trustee. Such statements involve known and unknown risks, uncertainties and other factors, and undue reliance should not be placed thereon. Further, the views expressed in this material, which are subject to change, are solely the views of the Trustee. These views may not necessarily reflect the views of any other MA Financial Group entity. While reasonable care has been taken preparing this material, and all information provided in this material has been provided in good faith and has been obtained or derived from sources believed to be reliable, neither the Trustee nor any of its affiliates, nor any of their respective officers, employees, advisors or agents makes or gives any representation, warranty or guarantee, whether expressed or implied, that the information contained in this material has been audited or independently verified, or is complete, accurate or reliable, or accepts any responsibility arising in any way (including by reason of negligence) for errors or omissions. Opinions contained herein may be subject to change without notice and do not constitute investment advice or recommendation.
Past performance is not an indicator of future financial performance. This material does not take into account an investor’s investment objectives, particular needs or financial situation and does not constitute financial advice. Investors should read the Information Memorandum applicable for the Fund before making any investment decisions and consider obtaining professional investment advice tailored to their specific circumstances before making any investment decision. Any investment in the Fund will be solely on the basis of the Information Memorandum (as updated and amended from time to time). The Trustee nor any of its related body corporates, guarantee the performance or any rate of return of the Fund. To the extent permitted by law, no warranties, representations or guarantees are given and all loss or damage as a result of this information is expressly excluded.
This material may not be reproduced or disclosed, in whole or in part without the prior written consent of the Trustee. Offers of interests in the Fund are contained in the Information Memorandum which is available by contacting the MA Client Service Team at MAclientservices@mafinancial.com or on +61 2 8288 5594.
