JPMorgan is exploring a transaction to reduce its exposure to more than $4bn of private equity-backed NAV loans, according to a report by the Financial Times.
The bank is reportedly in discussions with investors regarding a risk transfer structure linked to a portfolio of NAV loans spanning North America, Europe, and the Middle East. The proposed deal would allow JPMorgan to retain the loans on its balance sheet while transferring a portion of potential losses to third-party investors.
The struc...
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