Phoenix bets on UTP and real estate
24 December, Milano Finanza
In 2019 Phoenix Asset Management assessed through its platform holdings amounting to 4 billion euro in total on behalf of funds and investors. The company directly bought credits for about 200 million euro (175 of which are secured) both on the primary and the secondary market.
Phoenix will pursue its selective investment strategy to identify value opportunities as well as it will co-invest in NPL/UTP operations to be aligned with the investor’s interests.
Source: Milano Finanza
Translator: Cristina Ambrosi