Algebris acquires €693m Project Rainbow
London-based asset manager Algebris has agreed to acquire a portfolio of non-performing loans secured against mortgages with a gross value of €693 million from Italian bank Banco BPM.
16 June 2017•2 mins read
London-based asset manager Algebris has agreed to acquire a portfolio of non-performing loans secured against mortgages with a gross value of €693 million from Italian bank Banco BPM.