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>

<< Nov 2019 >>
MTWTFSS
28 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 1

Maritime Reconnaissance and Surveillance Technology

As varied threats in the Mediterranean Sea continue to proliferate, the need to advance…

read more >

CrewConnect Global 2019

CrewConnect Global is the leading forum for collaboration to advance new industry approaches to seafarer recruitment and training.

read more >

CruiseConnect Global 2019

Attend CrewConnect Global and stay on for the CruiseConnect Summit to take part in an industry-wide conversation focused…

read more >

CWC World LNG Summit & Awards Evening

The CWC World LNG Summit & Awards Evening will be returning to Rome in 2019 to celebrate it’s 20th year.

read more >