Premium Sponsors

EY’s  European Loan Portfolio Solutions network provides unrivalled access to jurisdictional knowledge and skills across pan-European markets, comprised of commercial and regulatory market leaders in the field.

Our network provides an offering to meet client’s needs, intensely focused on bringing stability and confidence to the European loan sale market.

For more information, see: www.ey.com

As financial institutions around the world continue to focus on deleveraging their balance sheets, Allen & Overy has been at the forefront of the market, advising both governments, buyers and sellers of NPLs and we are well placed to setup and manage the legal aspects of SPVs for this purpose.

We are considered to be the premier firm across a range of banking and capital markets products and are able to bring together teams from across our leading practices in complementary areas such as funds, regulatory, debt capital markets, derivatives and securitisation to cover every aspect of a proposed transaction.

For more information, see: www.allenovery.com
Advisory Sponsor

PROVIDING SERVICES OF UNRIVALLED QUALITY

Accuracy, 100% held by its partners, is the sole totally independent international player in its field of expertise providing advice to company management and shareholders. Our status as an independent company means that we do not perform any regulated professional activities, ensuring that all work produced is objective, of the highest quality and in the best interests of our clients.

Our strength is to connect strategy, facts and figures. We provide our in-depth knowledge and expertise to our clients to help them face different situations: acquisitions, disposals, litigation, disputes, companies in difficulty, restructuring.  In order to provide bespoke solutions to these situations, we place a great amount of importance on constantly inventing and reinventing our services, understanding that no one solution is the same for each client.

For more information, see: www.accuracy.com

Block Sponsors

Loxon is a business solutions provider, offering integrated lending, collection and risk management software solutions for the financial services industry. It is also a dedicated vendor of software solutions which aims to serve banks and leasing companies, covering the entire lending, collection and risk management lifecycle. Loxon has its head office in Budapest, Hungary, and has offices in Romania (Bucharest), Russia (Moscow), Manama (Bahrain), Turkey (Istanbul) and the United Arab Emirates (Dubai).

For more information, see: www.loxon.eu

Servdebt is an independent Iberian NPL and REO Asset Management company with €5,5 billion AuM. Lisbon-based, we also have offices in Porto and Madrid.

Throughout our 13 years of history, we have been building a relevant presence in the Iberian market, by working with the leading financial institutions and major international investors.

Our track record of successful projects results from the combination of a multidisciplinary and committed team, and the development of our technological solutions, which helps us to provide an end-to-end service to our clients.

With approximately 400 employees, Servdebt offers expertise in the provision of integrated services for the acquisition and management of distressed loan portfolios and real estate assets. From market analysis and advisory services to valuation and asset recovery, we are here for our clients.

For more information, see: www.servdebt.com

Standard Sponsors

LMS is an Italian independent law firm recognized on the market for its ability to handle extraordinary transactions and sophisticated legal issues.

We are an independent law firm, founded in 2006, gathering professionals having extensive experience, recognized on the Italian and international market for their ability to handle complex M&A and corporate finance transaction and sophisticated legal cases.

Our DNA is that of a young and dynamic reality, always updated with the most important innovations in the legal field, able to offer clients ground-breaking and tailor-made solutions.

We combine a multidisciplinary approach with great attention to quality and promptness of the legal service offered. We are recognized on the market for our capacity to effectively understand the business issues, our strong motivation and client-oriented approach.

We offer our clients all-round assistance, supporting them in the most delicate decisions, interpreting their needs and providing them with a clear and immediate view of the market and legal and commercial issues.

We support our client in each phase of the business, anticipating their needs and goals and combining our technical skills with an in-depth knowledge of the reference markets and business dynamics. Dedication and care for our clients lead us to build long-standing relationships which represent for us the biggest reward to our legal work.

In addition to its consolidated activities in the practices of extraordinary corporate transactions, structured finance, debt and real estate restructuring and litigation, the Firm has specialized expertise also in tax, antitrust, regulatory, banking and financial, labour and EU law matters.

LMS relies on established relationships with leading international firms in Europe, North America, Asia and South America, which enable us to provide our clients with a global assistance with regard to most significant cross-border transactions.

For more information, see: www.lmslex.com

Paksoy is a leading full-service law firm in Istanbul, Turkey, focused on helping clients in a wide range of legal areas including cross-border investments, international business transactions, acquisitions, competition, construction, energy, infrastructure, finance transactions, investigations, compliance and disputes, privatisations, real estate and tax, as well as labour law, telecommunications and intellectual property.

As one of the strongest independent legal brands in Turkey, Paksoy acts for leading investment banks, financial institutions, manufacturers, contractors, and private equity investors around the world across Europe, the Middle East, the Gulf and CIS countries, Asia and the United States. We collaborate with major international law firms in major jurisdictions and work with them to serve in cross-border transactions. Our sector teams with experienced lawyers have diversity of knowledge and background in numerous sectors, and thus have the ability and resources to understand and address the needs of the clients in their investment in Turkey.

For more information, see: www.paksoy.av.tr

Dignisia Credit Intelligence Software

Dignisia offers innovative out-of-the-box analytics and performance review for all stages of the NPL cycle based on our own well-established debt collection reporting format.

For you as seller of NPLs

The tool offers price discovery and forecasting as if the portfolio was evaluated on the investor side, giving you unique insight into what drives the value of your portfolio. You can also evaluate the net present value keep-vs-sell scenario for different sales dates and predict how sales would affect ultimate credit losses per vintage. The tool also includes practical wizards for creating investment memos and your own sales platform where you can invite investors.

For you as buyer of NPLs

The analytical forecasting capabilities, with automated or manually overridden settings for details in the forecasting. Portfolio performance overview, renewed forecasting, detailed operational analysis and automated debt collection agency benchmarking.

For more information, see: www.dignisia.com

Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, and the firm's ratings and analysis track debt covering approximately 120 sovereign nations, 11,000 corporate issuers, 21,000 public finance issuers, and 72,000 structured finance obligations.

For more information, see: www.moodys.com

Heuking Kühn Lüer Wojtek is one of the top full-service law firms in Germany. Our financial assets team has many years of experience in distressed asset transactions of all types, portfolio transactions and single name transactions regarding assets from the consumer, commercial, real estate and shipping finance sector. On the sell-side, we regularly advise financial institutions on the implementation of competitive bid processes for the sale of NPL. On the buy-side, we comprehensively advise our clients on the acquisition, management and work-out of claims (including liquidation claims).

To match the individual transaction’s specific requirements, e.g. as to work-out strategy, industry sector or quality of claims and collateral, our financial assets team draws upon experience, creativity and network of our well-established practices in the restructuring and real estate markets and, where required, of our partner-firm network in other jurisdictions around the world.

For more information, see: www.heuking.de

Qualco is a leading international fintech covering all aspects of debt portfolio management.

We have over 20 years’ experience helping key players across various industries adapt to a rapidly changing debt landscape driven by economic, regulatory, and behavioural considerations at both global and local levels.

Our technology comprises enterprise class, highly scalable, end-to-end systems and helps our 70 clients in over 30 countries manage, automate and streamline their collections and recoveries operations.

We make sense of organisations’ portfolio data by bringing predictive insights to their operations and we’re investing in machine learning to constantly improve our offerings.

Our clients benefit not only from Qualco’s systems and expertise, but also our wider group of companies, including successful independent loan servicing companies and a master servicer.

For more information, see: www.qualco.eu

Dillon Eustace is one of Ireland’s leading law firms focusing on Asset Management and Investment Funds, Banking and Capital Markets, Corporate and M&A, Employment, Financial Services, Insurance, Litigation and Dispute Resolution, Real Estate and Taxation.

In tandem with Ireland’s development as a leading international financial services centre, Dillon Eustace has developed a dynamic team of lawyers representing international and domestic asset managers, investment fund promoters, insurers, banks, corporates, financial institutions, TPAs and custodians, prime brokers, government and supranational bodies as well as newspapers, aviation and maritime industry participants and real estate developers and investors.

Headquartered in Dublin, Ireland, the firm’s international practice has seen it establish offices in Tokyo (2000), New York (2009) and the Cayman Islands (2012).

We strive to develop our teams, to provide a sophisticated proactive service to our clients. We work to develop a comprehensive understanding of our clients’ business needs and to provide them with a bespoke service which is focused on meeting their requirements in an efficient, timely and cost effective manner.

For more information, see: www.dilloneustace.com

Reed Smith is a global law firm with more than 1,600 lawyers practising in 32 offices located throughout Europe, the United States, the Middle East and Asia.

In order to embrace the active and dynamic European non-performing loan (NPL) market, we have structured our practice to provide a fully integrated service to our clients. This is achieved firstly through a practice built of leading multidisciplinary practitioners with extensive experience dealing with a range of distressed loans; and secondly, having a pan-European focus that draws on the European expertise in our London, German, French and Greek offices.

For more information, see: www.reedsmith.com

DebtX - The Debt Exchange is the world's premier, full-service loan sale advisor for commercial, consumer and specialty finance debt.

DebtX operates the largest online marketplace for loan sales, serving commercial banks, investment banks, insurance companies, and government sponsored enterprises. DebtX’s innovative deal management platform and loan sale process maximize proceeds and have been assessed and approved by many of the world’s most sophisticated financial institutions for functionality, security and privacy.

DebtX provides valuation and analytics services, including objective mark-to-market loan valuations using unique pricing models that incorporate data from hundreds of thousands of loans.

For more information, see: www.debtx.com

Quantitative Investing for Distressed Assets

We help banks, funds and asset managers understand loan portfolios, predict cash-flows and design management strategies with the help of Artificial Intelligence algorithms that today manage +600M€ in NPLs.

Menhir for NPL portfolio management:
We have designed a suite of AI algorithms that optimise the way to tackle NPL portfolios via negotiation and via court proceedings. Our platform predicts the collection profile and suggests to the asset manager the best next step to collect the portfolio at a loan level. Our AI-managed portfolios perform 4x better than the comparable peers, making data-based decisions every day over +600M€ worth of NPLs.

Menhir for NPL-portfolio sales and acquisitions:
We offer a way to predict the outcome of NPL portfolios based on the historical and real time data that trains our management models. This helps us approach portfolio Due Diligence with a more pragmatic approach, based on the real time feedback of our portfolios and not on assumptions and outdated excel models. Our AI models have been trained with +18bn€ in NPL and understand the actual context of borrowers and their behavior.

NeoServicer for Investors:
Why use a single service provider for the whole NPL portfolio workout...? At Menhir we believe in specialisation, so we have crafted a model that distributes NPLs to our service providers based on data and based on who is the best manager for each loan. This way we reach increased portfolio performance, bringing a new paradigm of NPL portfolio management. Menhir works as a one-stop-shop for investors seeking a portfolio manager in Spain. We are quants for distressed assets.

For more information, see: www.menhir.ai

Legance is an independent law firm with offices in Milan, Rome, London and New York.

Founded in 2007 by a group of acclaimed partners, Legance distinguishes itself in the legal market as a point of reference for both clients and institutions.
It is no coincidence that the name Legance recalls unity and excellence, principles that were at the forefront in the foundation of the firm.

Independent, dynamic, international and institutional are the qualities that most characterise the strength of the firm and have contributed to it becoming a leader in the legal market.

In 2007 there were 84 lawyers at Legance, currently there are over 280.

The value of the group is regarded as a pillar that amplifies each individual’s qualities and skills, the constant attention to clients, the careful evaluation of business objectives and an unconventional approach capable of anticipating legal requirements, 24 hour availability have contributed to establish Legance as a recognised leader in domestic and international markets.

Due to its strong international practice Legance can support clients over several geographical areas, and can organise and coordinate multi-jurisdictional teams whenever required.

For more information, see: www.legance.com

Deloitte is the leading professional services firm in Spain, particularly in the real estate sector through specialised services including transaction advisory (advisory and integral due diligence), IPOs advisory, debt advisory, consulting, market research and the valuation of assets, loans and real estate groups.

Deloitte´s multidisciplinary team comprises more than 80 dedicated professionals with experience in real estate. In recent years, the firm has advised REITs, Private Equity real estate consultants, financial businesses, and real estate funds and developers in both the Buy-side and Sell-side processes.

For more information, see: www.deloitte.com

Emir Varlık is a licenced Turkish NPL asset management company (AMC), established in September 2017 within the scope of Banking Law number 5411and regulated by Banking Regulation and Supervision Agency.

Emir Varlık is one of the most digital NPL platform with nation-wide footprint. Emir Varlık’s collection performance is underpinned by diversified collection approaches, relying on in-house and outsourced capabilities. Multiple communication channels facilitate managing customers.

One of the fastest growing AMCs in Turkey, gaining a significant foothold in the industry using sophisticated data analytics and technology.

Emir Varlık has a unique understanding of investing in R&D, analysis and data management and software development for maximizing collection efficiency.

Well positioned to benefit from expansion and sustainability of NPL supply in Turkey, to further improve its market position with high operational efficiency and customer centric approach.

Customer satisfaction is paramount for Emir Varlık.

For more information, see: www.emirvarlik.com

do Value Greece, is a member of the doValue S.p.A. Group and holds a leading position as an independent loan and real estate management company in Greece and a growth hub in Southeast Europe. At Group level, doValue is a leader in the management of non-performing loans and real estate in South Europe, following the acquisition of the Spanish Altamira Asset Management, and is the largest non-performing exposures management company, NPL and UTP in the Italian market. After the integration of doValue Greece in the Group, doValue currently manages more than €162 bn in loans and real estate, having a deep knowledge of all kinds of credit exposures in all phases of their cycle, while operating across the NPLs management range at the level of strategy development, decision making and support services, in collaboration with a network of international consulting firms, real estate appraisers, brokers and lawyers. doValue Greece, at the forefront of the Greek market, combines in its activities the advantages of the existing platform and the specialized know-how of its staff with the best practices of doValue and its experience in managing loans, credits and real estate in Italy, Spain, Portugal, Greece and Cyprus.

The key objective of the company is to manage non-performing loans (NPLs) assigned by credit or financial institutions. We provide

  • Credit servicing & portfolio management
  • Due diligence advisory
  • Securitisation operations
  • Property management
  • Amicable settlements for the restructuring of debts held by individuals and businesses, operating in compliance with the relevant rules and regulations.

For more information, see: www.dovaluegreece.gr/en

First Financial Network (FFN), founded in 1989 in response to the U.S. Savings and Loan Crisis, is the first loan sale advisory firm in the U.S. and internationally. FFN pioneered the industry and has sold over $100 billion in assets from 30 countries, providing disposition strategies for the resolution of large volumes of NPLs presenting acquisition opportunities to our network of international investors. Clients include banks, FDIC, government agencies and central banks, IMF, World Bank and U.S. Treasury.

FFN’s secure Loan Sale Network™ platform along with exceptional valuation and transparent marketing processes achieve extraordinary results for buyers and sellers.

For more information, see: www.ffncorp.com

As the original global law firm, Baker McKenzie is renowned for working on cross-border and multi-jurisdictional transactions with a flair for innovative structures and acting on ‘first of a kind’ transactions. We advised on the first securitisation structures for the sale of NPLs in Spain, and have advised countless major clients across the region and globe on all aspects of an NPL transaction. Whether you are a seller, buyer or governmental organisation, our multi-disciplinary teams are here to advise you on the structuring and financing of NPL trades through to potential enforcement issues and tax aspects. We are here to support your business.

For more information, see: www.bakermckenzie.com

Freshfields Bruckhaus Deringer LLP (Freshfields) is an advisor of choice for UK, European and US-based financial institutions, private equity houses and corporations across the stressed and distressed markets and has acted on cutting edge transactions, which serve as a benchmark in the market. We advise on the acquisition, origination and/or funding of loan portfolio transactions, including standalone businesses as well as discrete loan pools. Our European team turns difficulty into opportunity, providing M&A, financing, debt capital markets, restructuring & insolvency, tax, real estate, anti-trust and regulatory advice on a cross-border and integrated basis.

Freshfields is a global law firm with a long-standing track record of successful supporting the world’s leading national and multinational corporations, financial institutions and governments on ground-breaking and business-critical mandates. Our 2,800 plus lawyers deliver results worldwide through our own offices and alongside leading local law firms. Our commitment, local and multi-national expertise and business know-how means our clients rely on us when it matters most.

For more information, see: www.freshfields.com

Servihabitat is the leading servicer on the Spanish market. The Company provides advanced portfolio management services on corporate, mortgage and developer credit, as well as on real estate assets along its entire value chain or in a modular way based on the needs of the client or each project. The servicer works as a one-stop shop, in search of excellence whilst being result-oriented. The expert and multi-disciplinary teams focus on offering valuable solutions in a fast and effective way.

The data supports Servihabitat’s position as leaders in the sector: in 2019 the Company handled more than 195,000 financial and real estate assets with a value of more than 2.94 billion euros, and sold more than 22,100 units, placing us at the forefront of the trade.

A culture based on data analysis for decision-making, innovation in management strategies and a deep knowledge of the market are some of the cornerstones that contribute to success in the Company’s results and those of its clients.

For more information, see: www.servihabitat.com

Equifax is a global data, analytics, and technology company. We believe knowledge drives progress. We blend unique data, analytics, and technology with a passion for serving customers globally, to create insights that power decisions to move people forward. Headquartered in Atlanta, Equifax operates or has investments in 24 countries in North America, Central and South America, Europe and the Asia Pacific region. It is a member of Standard & Poor's (S&P) 500® Index, and its common stock is traded on the New York Stock Exchange (NYSE) under the symbol EFX. Equifax employs approximately 11,000 employees worldwide.

For more information, see: www.equifax.com

Incorporated back in 2007, Finsolutia is a leading Fintech Servicer in Iberia, offering Independent Loan and Real Estate Management services through innovative business processes and disruptive proprietary technology.

With offices in Madrid, Lisbon and Oporto, the company employs over 300 highly qualified and experienced professionals that manage assets worth near EUR 5.0Bn.

It was the first to have been rated successfully by Standard & Poors (S&P) for five consecutive years in Spain and the only rated servicer in Portugal. Finsolutia is also a Gold Partner of Microsoft thanks to its R&D practices with MS services and products.

The company has also created specialized business units and brands such as Nolon, the real estate arm and Twinkloo, a mortgage credit broker.

For more information, see: www.finsolutia.com

Associate Sponsors

Vinson & Elkins is a leading global law firm. Our financial asset team advises sponsors and debt purchasers on all aspects of their loan purchase transactions. We have advised on many of the most high value and complex financial asset transactions across Europe and clients regularly seek our counsel on their most strategic investments in the sector.

We help our clients acquire, finance, manage, work-out and dispose of all types of financial assets (including through joint ventures and other co-investments). We are highly experienced in all NPL structures, including traditional sales and sales by way of securitisation. We have extensive experience in advising clients in both bilateral/pre-emptive and competitive auction processes.

For more information, see: www.velaw.com

Copernicus is a global independent Loan & REO Asset Management platform that currently operates in Spain, Italy and Portugal.

Copernicus specializes in Corporate and SME secured loans, residential mortgages and REO portfolios.

By January 2019, Copernicus had over 200 employees and has managed more than €9.3bn of distressed assets.

For more information, see: www.copernicusservicing.com

AHORA Asset Management is an independent real estate boutique servicing company specialized in problematic residential scattered assets (NPLs and REOs). Founded in 2015, AAM has a proven track record managing over 15 portfolios and more than 6,000 scatterd residential units. Key to success is the methodology focused on internal mediation with debtors and tenants, preserving and enhancing client´s reputation and CSR principles.

For more information, see: www.ahoramanagement.com

Media Partners

Savvy Investor is a professional resource hub for institutional investors and their service providers, curating the best investment research and news from around the globe. The Savvy Investor library is made up of 50 topics, including a section enabling members to instantly access the latest Debt and Credit Outlook articles and white papers and a directory of investment conferences.

Having launched in 2015, Savvy Investor now has over 36,000 members who download over 30,000 white papers per month. Upon signing up, each member selects which of the 50 topics they are interested in. This allows us to personalise their home page and weekly newsletter, ensuring a unique experience for all.

Join now for free at www.savvyinvestor.net

CEE Legal Matters is a print and online publication for and about lawyers interested and working in Europe's emerging legal markets. CEE Legal Matters features news, interviews, analysis, opinion, and more. We also host conferences and round-tables and produce special reports on fees, salaries, and other subjects of interest to lawyers in the region. Our mission is, simply, to be the go-to source of information about lawyers and legal markets in Central and Eastern Europe. Because CEE Legal Matters.

For more information, see: www.ceelegalmatters.com

The Alternative Investment Management Association (AIMA) is the global representative of the alternative investment industry, with around 2,000 corporate members in over 60 countries. AIMA’s fund manager members collectively manage more than $2 trillion in hedge fund and private credit assets.

AIMA draws upon the expertise and diversity of its membership to provide leadership in industry initiatives such as advocacy, policy and regulatory engagement, educational programmes and sound practice guides. AIMA works to raise media and public awareness of the value of the industry.

AIMA set up the Alternative Credit Council (ACC) to help firms focused in the private credit and direct lending space. The ACC currently represents over 170 members that manage $400 billion of private credit assets globally.

AIMA is committed to developing skills and education standards and is a co-founder of the Chartered Alternative Investment Analyst designation (CAIA) – the first and only specialised educational standard for alternative investment specialists. AIMA is governed by its Council (Board of Directors).

For more information, see: www.aima.org

LC Publishing Group, with its majority share in Iberian Legal Group, owns Iberian Lawyer, the digital monthly magazine and in-depth source of information for lawyers who advise international business interests in Spain and Portugal as well as the increasingly global interests of Iberian businesses in Latin America and Africa.

It is aimed at business and in house lawyers, tax consultants and accountants. On the top of the digital magazine, every day the website reports current and in-depth news from major companies and from the business lawyers’ point of view.

For more information, see: www.iberianlawyer.com

Published by LC Publishing Group, Financecommunity.it was launched in 2014.

It is a digital title which provides daily news on the Italian financial sector and is aimed at bankers, private equity funds, real estate operators and asset management companies, among others. For its contents, the magazine focuses on finance market, i.e. on transfers and new appointments, operations and related advisors, rather than on insights and analytical data on market trends.

Every two weeks, a section of the digital magazine MAG (published by LC Publishing) is dedicated to Financecommunity’s contents. Financecommunity.it has achieved a spectular growth in terms of number of readers and professionals taking part to the digital headline and counts on average 30.000 unique visitors / month (Google Analytics 2019).

For more information, see: www.financecommunity.it

The CAIA Association is a global professional credentialing body dedicated to creating greater alignment, transparency, and knowledge for all investors, with a specific emphasis on alternative investments. A Member-driven organization representing professionals in more than 95 countries, CAIA Association advocates for the highest ethical standards. The organization provides unbiased insight on a broad range of investment strategies and industry issues, key among them being efforts to bring greater diversification to portfolio construction decisions to achieve better long-term investor outcomes.

To learn more about the CAIA Association and how to become part of the organization’s mission, please visit: www.caia.org


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