AnaCap buys €177m Italian loan portfolio from Barclays

Amedeo Goria
07 February 2017

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Financial services investor AnaCap Financial Partners has acquired a portfolio of Italian performing and non-performing corporate secured loans from Barclays.

The portfolio has a gross book value of €177m and encompasses mainly small and mid-sized corporates secured against properties located in the north of Italy. Financial details surrounding the transaction have not been disclosed.

The deal follows AnaCap's recent purchase of three portfolios of unsecured and secured non-performing loans totalling $2.5bn from GE Capital Real Estate, Royal Bank of Scotland and Unicredit in March 2016. Following the recent acquisition, the GP has secured nearly €8bn of Italian non-performing loans over the past four years.

More recently, AnaCap purchased a controlling stake in German payment services operator Heidelpay in January 2017. Additionally, the GP sealed several acquisitions in the banking sector, including Barclays' French retail banking operations in December 2016 and Polish retail- and SME-focused institution FM Bank – subsequently renamed Nest Bank – in May 2015.