Centerbridge Hires Executives of NCG & Bankia

14/04/2014 – Expansion

U.S. fund Centerbridge (…) that now manages Aktua (formerly belonging to Banesto), has employed two ex-executives: Francisco Zamorano from NCG Banco and Luis Noguerol from Bankia. Prior to joining the U.S. fund team, the first worked as director for transactions concerning real estate assets and credits, while the other as risk control director.

(…) Earlier, Centerbridge hired Javier Fernández Espejel and Yolanda Berenguer. The four new executives shall be added to 60 workers employed throughout 2013 and 40 employees more that will join the team together with BMN´s property servicer firm acquired by the fund for €50 million. Altogether, about 300 people are to work for Centerbridge in Spain.

The U.S. fund also seeks credit portfolios on sale and other real estate managing platforms. (…).



Original article: Expansión (by Jorge Zuloaga)

Translation: AURA REE