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Antares Fund to support luxury and fashion companies owning UTP exposures

After several months of preparation, Antares Advisory launches a project for a new reserved closed-end fund. It is aimed at supporting luxury and fashion companies struggling with financial problems and economic difficulties, namely those owning exposures classified as unlikely-to-pay loans (UTPs).

CBA’s Professionals joined the team. The initial goal is to accrue capital of Eur 300 million.

Source: Il Sole 24 Ore

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Il Sole 24 Ore 25.06.20202.51 MB