KKR completes the purchase of Hipoges

KKR completes the purchase of Hipoges

Its offer of between €25 and €30 million, has convinced the sellers - the main executives of the platform and the Cerberus fund, which has 40% - compared to the British group Cabot.

With the purchase of Hipoges, KKR wants to compete on equal terms in the acquisition of large portfolios of problematic assets from Banks. At present there are four large funds dominating this market: Blackstone, owner of the platform Anticipates and now Aliseda; Apollo, which controls Altamira; Cerberus, shareholder of Haya Real Estate; and Lone Star, Neinor's main investor. KKR is headed in Spain by Jesús Olmos and Alejo Vidal-Quadras.

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