Australian regulator blocks two private credit funds over investor disclosure concerns
Sunday, November 8, 2026 · first reported by Private Equity Wire and 3 others
The corporate regulator has imposed interim stop orders on Angas Securities, an Adelaide-based private credit firm. The orders follow what the regulator sees as inadequate disclosure of the firm's financial position and of its exposure to Bathla, the developer that collapsed.
Bathla's collapse in August, put at $3.4 billion, has left its private credit lenders trying to cover their loans. Private credit debt funded the developer's fast growth into one of the country's largest builders of affordable housing.
- Firm
- Angas Securities
- Also named
- Australian Securities and Investments Commission, Bathla Group
- Fund
- Angas Prime Income Fund
- Asset class
- Credit
- Geography
- Asia-Pacific
The summary and fields above are extracted from the published reports and can contain errors. The linked articles are the source of record.
See an error?
Coverage
4 sources- Private Equity WireAustralian regulator blocks two private credit funds over investor disclosure concerns
- Alternative Credit InvestorAustralian regulator halts two Angas private credit funds
- The Business TimesAustralia regulator halts private credit fund on Bathla risks
- AFRASIC hits Bathla lender Angas with stop orders
- Multi-billion-dollar investment: Turkey ex-minister arrested in fund scandal probeRTL Today
- Brussels regulations race ahead of private credit understandingPrivate Debt Investor
- DOL submits final rule on alternatives in 401(k)s to White House for reviewPensions & Investments +1
- AkademikerPension rapped for documentation failures around alternativesInvestment & Pensions Europe
- SEC-AMF MOU Reopens Registration for French Asset Managers, Enables Cross-Border ExamsMorgan Lewis via JD Supra
- German pension fund raided in probe of troubled real estate deals, including ChicagoCrain's Chicago Business
Got news? Send it to us →