NPR Management S.r.l. (“NPR”) is our control room for the collection of non-performing assets, either receivables or loans, on behalf of third party investors.

NPR is art. 115 TULPS licensed. Specifically, NPR originates, jointly with Phinance Partners, investment opportunities in non-performing assets, performs the due diligence process, defines the business plans and then allocates the collection activities within its large panel of specialised servicers, actively monitoring and managing their activities over the entire life of the loans under management.

The multi-servicers model is key to achieving outperformance in the collection of the portfolios entrusted to NPR, thereby generating higher returns for investors. Such asset management activity is performed for both the securitisation vehicles arranged by Phinance Partners as well as for third parties.

NPR manages approximately EUR 1.5 Bn of assets which include:

• EUR 750 M of utilities non-performing receivables
• EUR 760 M of unsecured financial non-performing receivables