Irish Dream began a new era for Segenhoe Stud with a narrow victory in the AJS Corporation Hcp (1200m) at Moonee Valley on Saturday.

Studmaster Lionel Israel ran Segenhoe for over 40 years before Michael Sissian took over its ownership in the 1980s.

Kevin Maloney purchased the historic property earlier this year and his red and yellow colours saluted for the first time in Melbourne when Irish Dream defeated Rue Maple (Rubiton) and Bel Shoes (Bel Esprit).

Trainer Peter Moody indicated the Falbrav mare will now step up to black-type racing.

Irish Dream (5m Falbrav – Queen Emma by Irish River) is a daughter of former Arrowfield shuttler Falbrav and Maloney bought her from Heinrich Bloodstock for $150,000 at the Magic Millions National Sale in June.

Her French bred dam Queen Emma was originally bought out here by Tony Santic in June 2004. She is a daughter of Riverman sire Irish River and the Makybe owner has an affinity with that sireline.

Santic imported Riverman mare Tugela in 1999 and she foaled his Melbourne Cup legend Makybe Diva.

Queen Emma has changed hands since arriving in Australia and is now owned by Queensland’s Douglas family. The mare has a yearling colt by Swettenham Stud sire Bianconi.