17 February 2026
MST Financial Appointed Joint Lead Manager for Kapstream Investment Trust (KIT.ASX) IPO
MST Financial Appointed Joint Lead Manager for Kapstream Investment Trust (KIT.ASX) IPO

MST Financial is pleased to be appointed Joint Lead Manager to the IPO of the Kapstream Investment Trust (ASX: KIT).

Kapstream Investment Trust is a Listed Investment Trust providing exposure to investment grade Australian and global fixed income, alongside Australian private asset-backed securities. The Trust is targeting a $200–300 million raise, with $145 million already secured, and is expected to list on the Australian Securities Exchange in March.

The structure incorporates enhanced liquidity features, including limited quarterly redemption windows and potential on-market buybacks, designed to help manage NAV discount risk while maintaining exposure to diversified fixed income strategies.

https://www.afr.com/companies/financial-services/kapstream-throws-its-hat-into-the-10b-listed-debt-market-20260216-p5o2la

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