The €1.2bn portfolio of SME claims brings AnaCap’s total Italian NPL portfolio to around €6bn.
2 min read · 29 September 2015
The German insurance giant and retail property REIT Hammerson acquired the loans which are secured against shopping centers and core retail development opportunities in Dublin, Ireland.
2 min read · 29 September 2015
LaSalle Investment Management's Michael Zerda and BlackRock's Rawle are both moving on to new real estate debt roles at different firms.
2 min read · 28 September 2015
The deal, which combines bank and non-bank debt in a €70m debt facility, is the first of its kind extended to a performing company in Italy, PDI understands.
2 min read · 28 September 2015
Cerberus has found itself bogged down in claims of a corrupt payment to ‘fixers’ working on its $1.2bn loan portfolio purchase in Northern Ireland. The political storm should be a warning to investors who see Europe as a risk-light jurisdiction.
2 min read · 25 September 2015
The move to approve AIFMD-compliant loan funds puts European managers at an advantage over non-European ones.
3 min read · 24 September 2015
The UK-based SME lending platform is setting up its own dedicated investment trust and is in talks with the EIB about providing leverage for a slice of the underlying investments.
2 min read · 24 September 2015
The Northern Irish Assembly committee investigating the $1.2bn sale of assets to Cerberus heard allegations that a corrupt payment was intended for the benefit of the First Minister, Peter Robinson.
2 min read · 24 September 2015
One of the major issues affecting private debt funds is the attitude of some managers towards covenants, delegates at the LMA conference heard.
2 min read · 24 September 2015
Bondholder GSO Capital is also said to be working on a proposal to reduce the €1 billion debt pile of the Norwegian papermaker.
2 min read · 23 September 2015
