Funds, Banks Eye Toxic Spanish Assets
06/03/2012| 11:25pm US/Eastern
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Seven private equity firms and two investment banks are interested in the toxic real-estate assets that will be segregated by Spanish banks this year, El Mundo reports in its Monday Internet edition.
The interested companies are: Cerberus Capital Management, Lone Star Funds, Patron Capital Partners, Fortress Investment Group, Benson Elliot Capital Management, Matlin Masterson, and Doughty Hanson, as well as Morgan Stanley (>> Morgan Stanley) and JPMorgan Chase & Co. (JPM), the report said, citing unidentified financial industry sources.
Newspaper Web site: www.elmundo.com
Write to Enza Tedesco at enza.tedesco@dowjones.com
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