Silverton to manage EUR 300 million NPL portfolio for Cerato Partners
Frankfurt, 09. Januar 2019 – The Silverton Group (Silverton), together with the Berliner Inkasso Gesellschaft, is to manage parts of a portfolio of small-scale non-performing loans for the Cerato Partners Group (Cerato). Cerato acquired the portfolio from the D.E. Shaw Group in the scope of a tender process. The entire portfolio, which includes secured and unsecured loans, has a nominal value of more than EUR 300 million. The borrowers are German companies and private individuals, some of whom have filed for insolvency.