European Private Equity firm AnaCap Financial Partners has announced that it has acquired a corporate debt and loan portfolio from Slovenia’s second-biggest bank Nova KBM.
The acquisition portfolio consists of semi-performing or non-performing credit assets comprising primarily consumer, small and medium-sized enterprises and mortgage debt across Europe.
In a company statement Anacap said, “In addition to completing this initial debt deal in Slovenia, AnaCap view the geography as highly attractive for further investment and look forward to exploring a program of additional opportunities there.”
AnaCap has funds with more than 3.5 billion euros under management across Private Equity and Credit Opportunities vehicles as well as co-invest.
At the end of 2017, the total value of NKBM debt securities amounted to 1.68 billion euros, with government securities and securities with state guarantee accounting for 63 percent of the total banking book portfolio.