ECS to Sell €1.5 Billion in Restructuring Funds
9 February 2021 ECS – Sociedade Gestora de Fundos de Capital de Risco has put itself up for sale, and a series of international investors have already demonstrated interest. The potential deal has attracted several international funds, including Bain Capital, Apollo, Blackstone, Fortress, Cerberus, Lone Star (which owns Novo Banco) and Arrow/Norfin. According to the […]
ZIP Project: Banks Sell Portfolio 4400 Homes at 10% Discount
19 January 2021 – Ana Custódio According to an article in Economia Online, Portuguese banks are preparing to sell the ZIP Project, a portfolio 4,435 homes. The assets primarily comprise occupied rental housing valued at a total of 360 million euros. The buyer is a consortium formed by the Tikehau and Albatross investment funds, which […]