Guber Banca, the italian company specializing in supporting SMEs and in purchasing and managing non-performing loans, has initiated a partnership with an Asset Management Company focused on managing investment funds specialized in the acquisition of non-performing credits.
Following the authorization from the Supervisory Authority, the purchase of up to 40% of Negentropy Capital Partners LTD has been formalized.
The acquisition is aimed at initiating a strategic partnership between the two groups, focused on a medium to long-term co-investment plan in the NPE and special lending sectors. Negentropy Partners LTD, founded in 2009 in London by CEO Ferruccio Ferrara, is an internationally-oriented Asset Management Company, specialized in managing investment funds focused on acquiring non-performing loans and special situation financing. This operation represents a significant step in Guber Banca’s strategy of expansion and diversification, thereby strengthening its position in the NPE sector.
“We are pleased to announce the signing of the agreement with Negentropy Capital Partners LTD and are confident that integrating our expertise with the opportunities offered by this partnership, which represents an important window on the international market, can lead to the creation of new investment prospects in a sustainable long-term growth logic for the Bank” commented Francesco Guarneri, CEO of Guber Banca