PRA Group: Marcel Köchling appointed as European Investments Officer.

Debt buyer PRA Group has appointed Marcel Köchling as European Investments Officer. Marcel is based in Germany where he will remain managing director of PRA Germany and  taking on the leadership of the European acquisitions team. This position was held by Owen James who was promoted to Global Investment Officer in 2023.

Over the last 5 years PRA Group has invested approximately $2 billion in NPL portfolio acquisitions in European markets.

PRA Group entered the European market in 2014 following the acquisition of the Norwegian group Aktiv Kapital. Operation which had a total value of approximately 1.3 billion dollars (880 million in cash and approximately 435 through the assumption of the Norwegian group’s debt exposure)

Credit Village

Credit Village is today the meeting and reference point - through its three areas, web, publishing, events - for professionals, managers, entrepreneurs and credit management operators. It was founded in 2002 with the aim of spreading the culture of Credit and Collection Management in Italy.

Credit Village is a leading company in the field of specialized publishing and event organization for the credit management industry and in all issues and aspects related to the NPE market, including ESG , M&A, Real Estate etc. Credit Village has been the first company in Italy to bring the culture of the credit management industry to the press, events and online, creating the largest community in the sector around itself.