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The portfolio comprises 201 performing capital-call loans tied to Starwood Capital Group, Carlyle Group (NASDAQ:CG), Blackstone (NYSE:BX), Thoma Bravo and Brookfield Asset Management, Bloomberg News reported on Friday, citing a person familiar with the matter.
The FDIC hired Newmark Group (NASDAQ:NMRK) in March to sell about $60 billion of Signature Bank’s loans, after state regulators decided to close down the failed lender amid a turmoil in regional banks earlier this year.
The FDIC declined to comment beyond the notice on its website.
The sale was launched on July 25 and is limited to FDIC-insured depository institutions, the Bloomberg report said.
The notice reads that the loans for sale “consist of subscription credit facilities to private equity funds.”
