24/04/2020at 11:26

A Swedish credit investor just opened a EUR 1.5 billion war chest

The CEO of Proventus Capital Management believes it is time to use capital stockpiles.

Daniel Sachs, CEO of Proventus | Photo: Proventus /PR

BY RAFAELA LINDEBERG / BLOOMBERG

The chief executive of Swedish credit manager Proventus Capital Management AB says the time is ripe to invest the EUR 1.5 billion (USD 1.6 billion) stockpile of capital it’s built as mid-sized companies in Europe cry out for financing.

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Nordea AM snaps up Asian Financial stocks during global rout

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Further reading

Nordea AM snaps up Asian Financial stocks during global rout

Nykredit risks losing DKK billions when secret SparInvest agreement expires

Danica CIO on financial unrest: "It's a manageable situation"