Private Equity Funds, Banks Eye Toxic Spanish Assets - Report

Date : 06/03/2012 @ 11:27PM
Source : Dow Jones News
Stock : JP Morgan Chase & Co. (JPM)
Quote : 87.0  -0.61 (-0.70%) @ 7:41PM

Private Equity Funds, Banks Eye Toxic Spanish Assets - Report

Morgan Stanley (NYSE:MS)
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A Dow Jones Newswires Roundup

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 (MS) 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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