Rachel McGovern
The traditionally subordinated investor will move into senior and unitranche lending as well as CLOs.
The firm has a target of €2 billion in NPL purchases this year.
The co-operation agreement is focused on mid-market Italian corporate borrowers.
The US government-backed mortgage provider has sold its largest single NPL disposal to a single bidder.
In April, after it wraps up a £20 million fund investment, the listed credit investment manager will be 28 percent invested.
Small business-focused Kabbage will offer its Karrot consumer loan products on institutional investor platform, Orchard.
The firm has hired ex-Indian Harbor partner, Trevor Barnett, to boost its capacity to distribute in the US and Canada.
The French online lending platform has attracted support from Bpifrance, the state-backed SME-focused debt and equity investor.
The debt origination platform is pushing to get three to four deals executed each quarter by the end of the year.
The firm, which regularly issues CLOs to recycle capital into further lending, up-sized the deal to meet investor appetite.