Christie Ou
The Chinese lender is committing $9.5bn to debt restructuring deals with state-owned companies.
Unlike the first wave of NPLs in China, today the AMC has to raise capital from the public market to purchase distressed assets.
The departed executive of Shoreline left with eight executives and also debuted a new software to track NPLs.
The firm has corralled another $185m shortly after it closed its previous fund in the series in March this year.
%2080.jpg?id=19327362324 "Korea’s IGIS backs US office building with $240m loan")
Korean insurance companies are investing in an FBI office building in Washington DC.
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The credit investor has returned to the market this year for fundraising after it closed its last fund in 2012.
Delegates at PDI’s Asia Forum were hoping for a bigger slice of global private debt allocations, but concerns over the region are never too far away.
Investor nerves may have been rattled by the UK’s vote to leave the EU, but delegates at MIPIM Japan say they are being settled closer to home.
The manager has made its fifth investment in the education sector and fourth mezzanine investment in Turkey.
The investment arm of the Chinese developer is eyeing residential real estate debt opportunities in the country.