Vion Investments CEO says securitisation market delinquencies, defaults are 'canary in the coal mine'

March 30, 2023 04:21 AM AEDT | By Reuters
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March 29 (Reuters) - The CEO of $6 billion Vion Investments Stacey Schacter said on Wednesday that delinquencies and defaults in the securitisation market, particularly in market place lending, are "the canary in the coal mine."

The rise of delinquent auto and fintech marketplace loans that had been packaged in structured finance products called securitisations, would be a great opportunity for private equity firms, Schacter told an audience at The Alternatives and Distressed Lending Summit in London. (Reporting by Nell Mackenzie in London Editing by Chris Reese)


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