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AnaCap Invests in €225m Italian Non-Performing Loan Portfolios

London/Milan – Paul Hastings LLP, a leading global law firm, announced today that it has advised AnaCap Financial Partners (AnaCap), a specialist European financial services private equity firm, as adviser of AnaCap funds acting as investors in the framework of a securitisation transaction concerning two separate portfolios of €225m of Italian NPLs.

A €141 million NPL secured portfolio was acquired from Volksbank, primarily comprised of SME loans. The majority of the portfolio is backed by property in Northern Italy. In addition, a €84 million NPL portfolio also comprised of predominantly secured SME loans, largely collateralized by real estate in Tuscany, was acquired from Banca di Pisa e Fornacette Credito Cooperativo.

The Paul Hastings team was led by London partner Lorenza Talpo, with Milan tax partner Patrizio Braccioni and Milan associates Gabriella Abbattista and Desirée Catalano.

At Paul Hastings, our purpose is clear — to help our clients and people navigate new paths to growth. With a strong presence throughout Asia, Europe, Latin America, and the U.S., Paul Hastings is recognized as one of the world’s most innovative global law firms.