UK’s Chenavari aims at €250m debt investment in UK, Europe
London-based hedge fund Chenavari, founded in 2007, aims to allocate €250m by year end to property debt. With $1.8bn AUM, it can enter different kinds of deals in UK and Europe,
AIB’s £340m Project Pivot draws 20 first round bids
Allied Irish Bank’s inaugural UK non-performing loan portfolio, Project Pivot, has drawn more than 20 first-round bids at discounts ranging from 50% to 65%, CoStar News understan