DeA Capital Extends Its Roots to Shipping

DeA Capital Alternative Funds has expanded its business into the shipping industry in Italy.

Namely, the company extended the credit segment of the IDeA Corporate Credit Recovery II fund set up in December 2017.

CCR Shipping sub-fund has collected a portfolio of around USD 200 million in non-performing loans from the banking system to eight shipowners.

Three of the fund’s partner banks, including Banco BPM, Banca IFIS, UBI Banca, have joined the initiative.

The company informed that the sector is expected to be extended to other institutions.

Share this article

Follow World Maritime News

Posted on January 11, 2019 with tags , .

In Depth>

Events>

<< Aug 2019 >>
MTWTFSS
29 30 31 1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 31 1

World Gas Series: Morocco Summit

Bringing together key players in the gas value chain in Morocco, the World Gas Series:

read more >

GreenTech in Shipping USA Forum 2019

GreenTech in Shipping USA Forum is an event for Maritime leaders who want to unlock successful business formula of the industry!

read more >

Shipping Transformation Asia

Shipping Transformation Asia will provide a platform for future-focused discussion in the shipping,…

read more >

Global Sustainable Shipping Forum 2019

The event will provide valuable insights from conference sessions, great networking opportunities and will offer…

read more >