Napier Park to increase investment in bank risk transfers

Hedge fund sees secular trend in lenders offloading credit risk, and plans to be part of it

280 Park Avenue, New York
Napier Park’s headquarters in New York
Beyond My Ken (https://bit.ly/46Kgl2i)

Napier Park plans to join the current fashion for credit risk transfer deals, in which banks free up capital by essentially paying hedge funds and other investors to share loan-book exposures.

“We expect there to be a secular move of risk away from the banks through third-party investment,” says Serhan Secmen, global head of Napier Park’s collateralised loan obligation (CLO) business. “And we plan to play an important role.”

The alternative credit manager, which has $21 billion in assets under

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here