Sydney-based MA Financial Group (ASX:MAF) announced a transaction involving the sale of the MA Aged Care Fund to Anglicare Sydney.
The deal involves the sale of Infinite Care, which served as the sole asset within the fund. The transaction is expected to complete in the first half of 2026, subject to customary approvals and closing conditions.
The sale marks an exit for the fund, delivering investors returns in excess of 2.8 times their invested capital over the life of the fund.
As a result of this divestment, MA Financial is positioned to realise a gain of approximately $20 million on its co-investment.
The company will receive a performance fee linked to the fund's strong performance, although the precise final amount is subject to transaction adjustments typical for operating business sales.
MA Financial confirmed that the realised gain from the sale of its co-investment will be treated as a one-off significant item in the group's FY26 underlying earnings.
The positive financial outcome adds to the guidance previously provided in the group's FY25 result announcement.
The cash generated from the realisation of this investment and the performance fee is intended to be recycled into new growth initiatives for the firm.
At the time of reporting, MA Financial Group's share price was $9.14.