Reported about 16 hours ago
Former Credit Suisse bankers are quickly establishing their own boutique funds to engage in the burgeoning niche market of debt-for-nature swaps, which offers governments a viable route to refinance debt while investing in environmental projects. Notably, firms like ArtCap Strategies and Enosis Capital have successfully facilitated significant transactions in El Salvador and Ecuador, attracting attention from major banks such as JPMorgan and Bank of America. As the market, currently valued at $4 billion, is projected to expand to $100 billion, these new players are capitalizing on their experience to negotiate complex deals, filling the gap left by Credit Suisse's collapse.
Source: YAHOO