Project Sky: new servicing mandate for €2.2 billion

27 May 2022

doValue is pleased to announce the signing of a memorandum of understanding with an affiliate of Cerberus for the exclusive management of a portfolio of non-performing loans originated in Cyprus with a Gross Book Value of approximately €2.2 billion.

The MoU has been executed by doValue’s subsidiary Altamira Asset Management Cyprus.


With Project Sky, doValue further diversifies its business, by bringing onboard Cerberus as a new client.


Project Sky is an important step for doValue in the Hellenic Region, a key component of the Business Plan 2022-2024 presented on January 26th, 2022.

 

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