We purchase secured/unsecured NPE credits, both on the balance sheet and using securitisation vehicles pursuant to Law 130/1999.
We invest in mixed portfolios but we also do cherry-picking on single name pools, in order to reach the
target composition of the specific sector, sharing the risk with co-investors and partners.

Lancelot SPE is the first securitization vehicle of Marley Asset Revalue and is registered in the list of special purpose vehicles for the securitization of credits kept by the Bank of Italy under no. 35765.7.
Marley has invested approximately €6 million in Lancelot SPE from December 2020 to date. The vehicle is associated with a ReoCO pursuant to art. 7.1, called Galahad SVA.

Gaheris is a company established by Marley Asset Revalue for the management of one of the “core” assets, Borgo Costa d’Agosti.
This is a particularly valuable asset in Liguria, the subject of a repossessing operation which first involved the purchase of some mortgage loans, followed by a subsequent phase of real estate development and redevelopment.

The Marley Asset Revalue pipeline foresees direct investments in Q3 and Q4 in 2023 for about € 5 mlm with the goal of Invest additional € 20 mlm by 2026.
Against new securitisations for at least € 65 mlm and new credits under management for about € 360 mlm.

Marley Asset Revalue plans to leverage, together with its partners, 2 additional vehicles during the two-year period 2024/2025.
The vehicles will invest in distressed credits, coming from both the primary and secondary markets, and the various compartments will have a mixed secured/unsecured composition, defined in agreement with the co-investors.