Clessidra Credit Recovery Fund
The Funds was originated through the contribution by several small and medium-sized Italian banks of secured and unsecured nonperforming loans, both corporate and retail. Through the reuse of the cash generated, the fund invests in additional portfolios of NPLs and selected distressed assets in both the primary and secondary markets.
~€1'300 mln
Gross Book Value
~ €250 mln
AuM
24
Institutional Investors
