Purchase and Management of NPLs
Davis & Morgan’s core business is the selection, purchase and management of non-performing loan positions (single names) from banks and servicing companies.
The Company can purchase single credits or portfolios of credits unsecured and secured separately.
Davis & Morgan combines the scouting of the credits with an investigative and analytical activity for the purpose to identify the most attractive investments opportunity.
Selection, evaluation, purchase, management and recovery involve credits guaranteed by properties located in the major primary Italian locations (Rome, Naples, Florence, Venice, Forte dei Marmi, Santa Margherita Ligure, Courmayeur) and in particular in Milan, which holds a share of over 80% of our investments.
The Company manages directly the credit recovery activity with the help of external specialized consultants. If necessary, Davis & Morgan, can also proceed with the acquisition of the underlying assets through the owned subsidiaries (so-called Reoco) in order to maximize the investment.