Carval

Pepper to hike some mortgages to 8% after ECB moves

Group manages up to 100,000 mortgages on behalf of investment funds

Thu Feb 23 2023 - 09:17

Pepper hikes some Irish mortgage rates to 6.5%

Firm is latest to increase interest rates

Wed Nov 23 2022 - 05:00

Cerberus, CarVal and Cabot join forces for AIB problem loans bid

Portfolio, dubbed Project Sycamore, is expected is mainly made up of deep-in-default commercial property loans

Mon Jun 06 2022 - 07:00

Pepper to hire 100 people as assets under management surpass €20bn

Company commences recruitment with headcount set to reach 600 by year end

Fri Mar 25 2022 - 05:10

The US factor driving valuations to record levels in Irish M&A market

US presence has grown over the years as their financial firepower makes impact

Thu Feb 17 2022 - 11:00

KBC Bank Ireland accused of showing ‘complete contempt’ for staff

Lender strongly refutes accusation, claims it has offered staff generous redundancy terms

Tue Feb 15 2022 - 13:30

KBC Bank Ireland completes sale of €1.1bn loans portfolio to CarVal

Lender is also in process of selling remaining €9.2bn of Irish loans to Bank of Ireland

Mon Feb 07 2022 - 07:46

Ulster Bank CEO says problem loans sale unlikely before 2023

Almost 300 Ulster Bank staff have left the exiting lender this year

Wed Dec 08 2021 - 17:40

Time to switch? Ulster Bank and KBC push ahead with plans to exit Irish market

‘Don’t leave it to the last minute’ is advice to existing customers

Tue Oct 26 2021 - 05:02

Finance union seeks KBC Ireland mediation over exit concerns

Belgian-owned lender has never recognised Irish unions

Tue Oct 05 2021 - 17:59

AIB lines up €500m Project Bay problem-mortgages sale

Portfolio includes loans deep in arrears and restructured debt underpinned by eased terms

Fri Sept 03 2021 - 05:28

KBC’s sale of bad loans to kick-start wider wave of disposals

Analyst tells clients to expect further nonperforming loan sales in coming months

Tue Aug 31 2021 - 05:24

KBC Bank Ireland sells €1.1bn loans portfolio to private equity giant CarVal

CarVal to acquire non-performing loans as bank advances plans to exit the Irish market

Mon Aug 30 2021 - 07:24

Irish aircraft lessor Aergo Capital targets $2bn fleet by year end

CEO eyes 100-plane fleet as firm cashes in on opportunities created by Covid travel bans

Sat May 29 2021 - 05:59

Developer in Anglo bond deal suing Davy and 16 former employees

Patrick Kearney lawsuit comes at sensitive time as suitors bid for stockbroking firm

Wed Apr 28 2021 - 14:16

Arizona firm to buy Irish subprime loans at 75% discount

Goldman Sachs is selling the portfolio of mortgages in arrears to Balbec Capital

Wed Apr 14 2021 - 05:05

Can Davy’s clients stay silent as board goes into conclave?

Staff anger ‘palpable’ at perceived golden circle following €4.1 million fine by regulator

Fri Mar 05 2021 - 16:59

Davy’s secret partnership leaves it fighting biggest crisis in decades

Pressure bears down on stockbroker shrouding itself in ‘vague’ details of scandal

Fri Mar 05 2021 - 04:50

Davy faces serious questions following €4.1m fine

Regulator finds State’s largest stockbroker broke rules and then withheld information

Wed Mar 03 2021 - 05:40

Minister urges clarification from Davy after record €4.1m fine

Top figures at stockbroking firm involved in bond deal that fell foul of conflict of interest rules

Wed Mar 03 2021 - 02:05

Minister ups pressure on Davy after €4.1m fine over bond trade

Case relates to handling of subordinated bonds sale in 2014

Tue Mar 02 2021 - 13:29

Vulture fund managers to follow banks in offering loan payment breaks

Lone Star and Pepper Ireland among firms joining plan for customers hit by Covid-19

Thu Mar 19 2020 - 18:36

Carval subsidiary netted €4.7m profit in 2016 from Irish property loans

Carval one of a number of funds that took over bubble-era property loans in Republic

Sat Jan 27 2018 - 05:55

AIB sues more than twice as many borrowers as Bank of Ireland

Analysis of High Court cases shows Irish banks have scaled back on seeking debt rulings

Wed Jan 10 2018 - 06:14

CarVal pursues Tony Mansfield over property debts

US fund has more than €400,000 of security on Mansfield’s property near Citywest

Tue Sept 26 2017 - 06:04

New Pepper owners may seek to shed Irish assets

Australian non-bank lender is being bought by US private equity firm KKR

Sat Aug 12 2017 - 06:16

Expansion of mortgage-to-rent scheme for troubled borrowers

Seen & Heard: accidental landlords, solar farm, Carton House and Garda cultural audit

Sun Aug 06 2017 - 16:19

Mick Wallace: Vulture funds are cheating us all

State may have lost billions of euro as a result of fire sales of Nama loans to US companies

Wed May 10 2017 - 01:40

Vulture funds: Brendan Howlin calls for tighter lobbying regime

Most vulture fund efforts to influence tax clampdown do not need to be declared

Fri Jan 27 2017 - 01:00

‘Vulture funds’ unwilling to opt for return of less than 20%

Private equity firms and hedge funds had smelt blood in 2010 as State entered bailout

Mon Jan 09 2017 - 19:34

AIB steps up High Court pursuit of unsecured borrowers

State-owned bank four times as likely as Bank of Ireland to seek summary judgments

Mon Jan 02 2017 - 09:23

In the news: Arnotts’ bumper year and Clare crematorium

Seen and Heard: Citi prepares to move 900 jobs to Dublin; no January sales in TVs for UK

Sun Nov 13 2016 - 18:09

Aergo Capital appoints Lorraine Carew and Stan Barnes as executives

Appointments bring experience in aviationleasing and finance to company

Tue Nov 01 2016 - 15:39

How do vulture funds exploit tax loopholes?

An alphabet soup of acronyms is how. And the State has vowed to do something about them

Mon Oct 17 2016 - 15:56