UniCredit agrees to sell €910m loan portfolio to Mariner Group

US hedge fund manager invests pensions and charity capital into Italian infrastructure loans

UniCredit has decided to sell exposure to one of its loan portfolios, a move that will free up capital for business growth.

UniCredit said it sold the junior and mezzanine risk on €910 million in Italian business loans to two funds managed by Mariner Investment Group, a specialised credit and infrastructure asset manager.

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