Marbridge Group is pleased to announce the acquisition of its 3rd China NPL portfolio in February 2006.
Since the close of December 2005, Marbridge and its investors have acquired 3 portfolios totaling RMB 500 million ($62 million).
Marbridge Group’s investment strategy focuses on specific regions in China where economic growth is emerging; loan portfolios with short recovery cycles; and significant co-investments by local partners to align interests. The China NPL market appears primed for a robust 2006, with increasing pressure being brought to bear on the China asset management companies for portfolio resolution, which translates into attractive investment opportunities for seasoned buyers.
Marbridge is a pioneer in the China NPL market, with offices in Beijing, Hong Kong and San Francisco. Marbridge Group has assembled a healthy pipeline of China NPL portfolios and is looking forward to multiple closings throughout the remainder of the year.
