Where and how we operate
NON-OPERATING COMPANIES
Companies under liquidation and bankruptcy proceedings. EI sources its investments opportunities from more than 120,000 bankrupt companies currently managed by Italian Courts.
DISTRESSED OPERATING COMPANIES
Financially distressed companies that are still operating and that don’t require an operational turn-around.
Europa Investimenti takes different risk positions related to asset targets, investing throughout the following approaches.
Financial restructuring of the debt of companies under insolvency proceedings or in a state of pre-insolvency, through the proposal of bankruptcy agreements or compositions with creditors, as third party contractor, aimed at generating a return on invested equity deriving from the difference between the sale (or “pre-sale”) value of the assets and payments offered to creditors.
Acquisition of Single name secured or unsecured NPLs, typically owned by banks towards companies in insolvency proceedings or in a state of pre-insolvency. The acquisition is finalized to securitize NPLs via securitization vehicles SPV (in accordance with Italian 130/99 Law), with the involvement of third party investors.
Europa Investimenti also holds, as majority shareholder, Sagitta SGR which, as part of its authorizations, promotes and manages real estate and credit investment funds. The reserved investment funds are also set up through the contribution of assets within wider restructuring operations.