Financing the purchase of debt portoflios
In addition to the securitisation process described below, securitisation funds can raise capital for the purchase of debt portfolios in the following ways:
- The source for transaction financing is cash from the investor who acquires securitisation fund investment certificates. Direct investors in securitisation funds include, apart from debt servicers such as BEST S.A., foreign investment banks, private equity funds and individuals.
- In this model, an equity investor acquires funds for the purchase of investment certificates in a securitisation fund from the market, i.e. by issuing their own bonds. Such bonds are usually secured by investment fund certificates.