New transactions for IDeA Corporate Credit Recovery II Shipping Fund
6 December 2019
Milan, 6th December 2019
The IDeA Corporate Credit Recovery II Shipping Fund, managed by DeA Capital Alternative Funds SGR, established in December 2018 with the contribution of shipping loans for about $ 200m by three credit institutions, is about to end 2019 having carried out four transactions, closed between October and November.
Consistent with the fund’s broader UTP credit management strategy, the Shipping management team, driven by the managing director Sara Bertolini…