Capital Pro Series, NPLs in the EU, Browndorf, Distressed Capital Management

It has been widely recognized that the high level of nonperforming loans in certain European countries is an obstacle to economic growth and a burden on their banking sectors. 

A report published by the European Commission in January 2018 indicates that a comprehensive package of measures for tackling high NPL ratios is being put in place.  One such measure is to set up Asset Management Companies at a national level to more effectively manage distressed debt and real estate.  The report stated that the Asset Management Companies should be modeled on best practices adopted by other more experienced countries.

Joining the podcast to discuss the European distressed market is Matt Browndorf, Founder & Chief Investment officer at Distressed Capital Management.  Distressed Capital Management is an asset management firm that employs a vertically aligned group of companies centered around residential real estate in the US and European markets.