Australia Regulator Halts Private Credit Fund on Bathla Risks

Australia braced for its own cockroach test in private credit sector

Many funds don’t provide sufficient information to investors about the underlying loan investments – which is good practice 101 – and disclosures have been lacking.

Australia Regulator Halts Private Credit Fund on Bathla Risks

Australian regulator halts two Angas private credit funds

Australia’s corporate regulator has issued interim stop orders against two private credit funds run by Angas Securities, the latest move in its clampdown on the sector. The orders cover the Angas Prime Income Fund and the Angas Direct Mortgage Fund, and bar Angas Securities from offering, issuing, selling or transferring interests in either vehicle. The […]

ASIC halts Angas Securities offers in two mortgage funds

The Australian Securities and Investments Commission (ASIC) has made interim stop orders, temporary orders that stay in place while Angas is given a chance to be heard, against Angas Securities Limited over two mortgage funds. The orders stop Angas offering, issuing, selling or transferring interests in the Angas Prime Income Fund and the Angas Direct Mortgage Fund, which held about $114 million between them at 30 June 2026. Angas holds Australi…

ASIC issues interim stop orders preventing Angas Securities from offering interests in two managed investment schemes

ASIC has issued interim stop orders preventing Angas Securities Limited from offering interests in two managed investment schemes.

ASIC halts two private credit funds over PDS, Bathla disclosure concerns

The corporate regulator has halted the sales of two funds by Angas Securities over concerns on the product disclosure statements not adequately disclosing the firm's financial position and one fund's exposure to the Bathla Group. The interim stop orders prevent Angas Securities from offering, issuing, selling, or transferring interests in the Angas Prime Income Fund and the Angas Direct Mortgage Fund. ASIC is concerned investors in both funds ma…