Gardant Group and Gruppo BPER Banca to form a joint venture.

Gardant Group, a credit manager, and Gruppo BPER Banca, a banking group, agreed to form a joint venture. Financial terms were not disclosed. “With this operation, Gardant Group further solidifies its position as a sector leader and integrated credit and asset manager serving banks and investors. This partnership with BPER Banca Group represents a challenge for the entire sector, placing at the core of its operations an industrialized and data-centric vision of credit management, particularly focusing on medium-small credits with a perspective towards re performing. Leveraging our extensive experience, the success of the ongoing joint venture with Banco BPM, our expertise, the existing of excellence within the group, and the addition of new colleagues, we are confident that this new initiative will yield significant results for all parties involved,” Mirko Briozzo, Gardant CEO.