Incisive Views from Professionals
By Hedge Fund Insight staff Davidson Kempner, the $34bn American alternatives manager, has created a benchmark for NPL deals in Europe. Alpha Bank S.A. (“Alpha Bank”) has entered into an agreement with Davidson Kempner Capital Management LP to create the second-largest rated Non-Performing Exposures (“NPE”) securitization in Europe (at € 10.8 bn Gross Book Value). Davidson Kempner […] Read more »
By Hedge Fund Insight staff At today’s Capital Connection Forum in London Distressed Investing in Europe was in focus. These are the takeaways. First as reported on Twitter – Brexit impact on UK legal services – “England is not being chosen as a venue to settle legal disputes” says Howard Morris of Morrison & Foerster.#Brexit […] Read more »
By Michael Browne, Portfolio Manager European Long/Short at Martin Currie Politics will undoubtedly remain one of the key macro themes for Europe over the next 12 months. A packed list of elections, rising anti-establishment sentiment and the re-emergence of Greek debt will all play a crucial role in determining the future direction of the European Union […] Read more »
By Gary Jenkins, Chief Credit Strategist at LNG Capital On Friday night it was announced that Greece had secured a four month extension to its bailout and thus the headlines screamed that a Grexit had been averted and that the Eurozone was saved. Well, maybe. First of all the Greek government has to […] Read more »