Banor Special Situations

BANOR ALTERNATIVE ASSETS SPECIAL SITUATIONS (I & II)

SICAV/RAIF FUND

Investment opportunities in Distressed Trophy Assets.

FUND FEATURES

The Banor Special Situations (BSS) fund is a closed-end fund for professional investors.
The fund targets investment opportunities in illiquid assets (distressed assets), with a particular focus on trophy assets. The fund acquires high quality real estate assets at a very competitive price, lower than market value, generating an exit return that is in line or higher than the target of the fund.

  • SPECIAL SITUATIONS I: the BSS closed on 30 April 2019, with capital commitments of over €120 million From that date, the fund has three years to invest its capital
  • SPECIAL SITUATIONS II: currently raising capital

STRATEGY

  • Focus on individual assets: acquisition or financing of real estate assets (from auctions and bankruptcy proceedings), and secured loans (from services or directly from banks).
  • Focus on high quality real estate assets (direct or underlying loans).
  • Focus on a medium-small segment, i.e. values between €5 million and 20 million per transaction.

OUR TEAM

Lorenzo Guidi

Lorenzo Guidi

PORTFOLIO MANAGER
Giorgio De Montis

Giorgio De Montis

DIRECTOR BANOR ALTERNATIVE ASSETS - COO & INVESTOR RELATIONS
Diana Cernea

Diana Cernea

FUND OPERATIONS MANAGER
Gabriele Boschi

Gabriele Boschi

SENIOR ADVISOR - LOANS & REAL ESTATE ORIGINATION AND ASSET MANAGEMENT
Ben Riordan

Ben Riordan

SENIOR ADVISOR - LOANS & REAL ESTATE ORIGINATION AND ASSET MANAGEMENT
Alessandro Butini

Alessandro Butini

SENIOR ADVISOR - REAL ESTATE ORIGINATION AND ASSET MANAGEMENT
Sergio Ornella

Sergio Ornella

SENIOR ADVISOR - REAL ESTATE ASSET MANAGEMENT