Algebris (UK) Limited
General Information
Identification Code: 881197448558-21
Website: [object Object]
Entity Form: England & Wales private limited company
Registration Category: Companies & groups
Registration Date: 1/9/2023
Last Update: 1/9/2024
EP Accredited Number: 0
Mission & Interests
Goals: Algebris is an independent global asset management firm embracing long-only and alternative investment strategies. Founded by CEO Davide Serra in 2006, Algebris maintains offices in London, Milan, Rome, Zurich, Dublin, Luxembourg, Boston, Singapore, and Tokyo.
Algebris began by investing in the global financial sector, covering the capital structure of financial institutions across both equity and credit. Algebris has since broadened its expertise to global credit and Italian equity, offering a diversified and unconstrained strategy. With respect to private strategies, Algebris invests in non-performing loans predominantly secured by high-end residential real estate assets in Italy and in companies involved in the European green transition.
Algebris maintains established relationships with a global base of institutional and private investors, encompassing insurance companies, pension funds, sovereign wealth funds, corporations, private banks and family offices.
Interests Represented: Promotes their own interests or the collective interests of their members
Interests:
- Banking and financial services
- Climate action
- Economy, finance and the euro
- Environment
Levels of Interest:
- national
- global
- european
Activities
Main EU Legislative Proposals: General impact of EU legislation on investment activities across multiple sectors in Europe.
Communication Activities: Algebris is engaged in a number of capital markets related policy topics as well as on topic related to sustainable finance. Algebris has addressed two letters to European authorities on such matters, in 2020 and 2021. In 2020, We voiced early concerns regarding the ESG advisory contract awarded to Blackrock by the EC. This advisory contract was for Blackrock to devise a study on the integration of rules surrounding climate-related investments into banking regulation without sufficient consideration by the EC of the conflict of interest posed by this arrangement. In 2021, we share our concerns that the current unregulated nature of the ESG ratings industry may undermine the EU efforts at fostering transparency on the sustainability credentials of investment products, and may create a risk of green-washing, capital mis-allocation and product mis-selling. Those letters are published on Algebris' website (www.algebris.com).
Inter-institutional or Unofficial Groupings: N/A
Head Office
Address: 4th Floor, 1 St James's Market
Post Code: SW1Y 4AH
City: London
Country: UNITED KINGDOM
Phone: [object Object]
EU Office
Address: 4th Floor, 1 St James's Market
Post Code: SW1Y 4AH
City: London
Country: UNITED KINGDOM
Phone: [object Object]
Financial Data
New Organisation: false
Closed Year: [object Object]
Current Year: [object Object]
Complementary Information: N/A
Membership Information
Members10 Percent: 1
Members25 Percent: 0
Members50 Percent: 0
Members75 Percent: 0
Members: 1
Members F T E: 0.10000000149011612
Info Members: 1 employee involved part-time in European policy matters
Structure
Structure Type: Structure
Is Member Of: N/A
Organisation Members: Institute for International Finance (IIF), International Swaps and Derivatives Association (ISDA); Signatory to the UN Principles of Responsible Investment (PRI); supporters of the Task Force on Climate-related Financial Disclosures, investor members to the Carbon Disclosure Project (CDP); supporters of the Say on Climate Initiative; members of the Net Zero Asset Managers Initiative.