Pillarstone hires Jonathan Conway and Pablo Crespo as partners in a bid to expand the operations of the credit vehicle which assists banks with managing their exposure to NPLs.
1 min read · 20 June 2016
The non-performing real estate loan portfolio has a combined face value of €4.7 billion.
3 min read · 10 June 2016
Fundraising has begun for the third in a series of funds focused on European bad debt from Apollo.
1 min read · 31 May 2016
The alternative investment firm revealed mostly declining financials in its Q1 earnings report, though Apollo is raising several credit funds, where performance was about flat compared to declines in private equity.
3 min read · 06 May 2016
Private equity firm Apollo Global Management (Apollo) is teaming up with International Financial Corporation (IFC), the investment arm of the World Bank, to launch a $1 billion debt platform for distressed assets in emerging markets. According to an IFC filing, IFC and Apollo will each inject up to $500 million in the non-performing loans (NPLs) […]
2 min read · 26 April 2016
Having closed its second special situations fund on $3.35bn, the firm now expects the global vehicle to invest more money in the US.
3 min read · 06 April 2016
