Freddie Mac launches debut reinsurance deal

Category: ABS CLOs CMBS


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Company hires and sector developments

Acquisitions

doBank has acquired 85% of NPL servicer Altamira Asset Management from entities affiliated with funds managed by Apollo Global Management, Canada Pension Plan Investment Board and Abu Dhabi Investment Authority, following a competitive sales process. The shareholding involved in the sale may be increased to 100%, should Santander - holder of the remaining 15% interest in the share capital of Altamira - decide to exercise its tag-along right provided for in existing agreements before closing.

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