Macquarie Asset Management (MAM) has acquired a significant minority stake in Australian real estate credit manager IDA through its global opportunistic fund, Macquarie Real Estate Partners (MREP). The deal’s value remains undisclosed, but IDA’s founding partners will maintain majority ownership. This marks MREP’s third investment in the Asia-Pacific region and its first in a credit platform. MAM aims to address the growing alternative lending market in Australia, projected to double over the next decade. The investment will enhance IDA’s balance sheet, enabling it to expand its wholesale distribution platform and attract institutional capital.