Polis SGR Launches Kleos Fund for NPL Portfolios
Deal News | Feb 07, 2025 | Finance Community IT - 3 Private Equity
Polis SGR, a specialized alternative investment firm and part of the LBO France Group, has launched the Kleos Fund. This fund is dedicated to the management and valuation of both secured and unsecured non-performing loans (NPL) and unlikely-to-pay (UTP) portfolios, including fractional portfolios. PwC played a crucial advisory role in this process. Their industrial advisory team, led by director Vittorio Catenaccio, and the Capital Markets & Accounting Advisory Services team, coordinated by director Brando De Carli, provided strategic guidance. Key members of the PwC team included Rossana Lopatriello and Alessia Borgia, focusing on accounting structuring aspects. Furthermore, PwC TLS acted as the legal advisor for this initiative.
Sectors
- Alternative Investments
- Accounting and Legal Advisory
Geography
- Italy – Polis SGR and the launch of the Kleos Fund are based in Italy.
- France – Polis SGR is part of the LBO France Group, emphasizing the connection to France.
Industry
- Alternative Investments – Polis SGR specializes in alternative investments, which is the broader category for the Kleos Fund's focus on NPL and UTP portfolios.
- Accounting and Legal Advisory – PwC provided accounting advisory and legal services for Polis SGR’s launch of the Kleos Fund, highlighting the involvement of multiple advisory roles.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Polis SGR | Fund Manager | Company | An alternative investment firm specializing in NPL portfolios, part of the LBO France Group. |
| LBO France Group | Parent Company | Company | The parent company of Polis SGR, supporting alternative investment strategies. |
| PwC | Industrial and Legal Advisor | Company | Provided industrial and legal advisory services for the Kleos Fund launch. |
| Vittorio Catenaccio | Director | Person | Led the PwC team providing industrial advisory for the Kleos Fund. |
| Brando De Carli | Director | Person | Coordinated the Capital Markets & Accounting Advisory Services team at PwC for the Kleos Fund launch. |
| Rossana Lopatriello | Team Member | Person | Part of PwC’s team focusing on the accounting structuring for the Kleos Fund. |
| Alessia Borgia | Team Member | Person | Part of PwC’s team focusing on the accounting structuring for the Kleos Fund. |
| PwC TLS | Legal Advisor | Company | Provided legal advisory services for the Kleos Fund. |