New strategic collaboration with Copernicus

February 2023

OpenFunds has signed a new collaboration with Copernicus, a large and globally renowned manager in the Non Performing Loans (NPL). Copernicus has managed NPL portfolios for big asset managers / hedge funds like Pimco, TPG and DE Shaw. The focus of our collaboration will be in marketing a new fund, launch planned for Q1 23, which will have a „cherry picking strategy“ focussing on smaller deals with strong collateral backing.