PR Newswire: USDV anuncia nuevas compras de préstamos "morosos"

US Debt Ventures Announces New Distressed Loan Portfolio Purchases FORT LAUDERDALE, Fla., Aug. 15, 2011/PRNewswire-iReach/ -- US Debt Ventures, a Fort Lauderdale, Florida- based private equity firm, today announced two portfolio purchases over the past 30 days totaling approximately $12MM, acquiring 171 distressed loans.  The first acquisition is comprised of first lien non-performing loans and REO's and was bought from a national banking institution with Florida-based underlying collateral. The average unpaid principal balance in this portfolio is $266,000.  The second, more recent investment was in a second lien performing loan portfolio from a national banking institution with collateral assets located throughout the United States. Kwame Jackson, President of US Debt Ventures stated, "Our purpose is clear- we intend to maximize returns by pursuing the best risk-adjusted work-out strategy on a loan by loan basis on behalf of our investors.  We have a growing number of sophisticated tools, third party data sources, and internal feedback loops that aid in our strategy optimization and execution efforts." US Debt Ventures purchases and manages bulk loan portfolios and has formed various funds for investment.  Acquisitions are made from nearly all of the major U.S. financial institutions, as well as many loan servicers and various other owners of distressed debt and REO portfolios.  So far in 2011, the US Debt Ventures group has purchased more than 7,000 distressed loans through multiple acquisitions. (See here and here.) About US Debt Ventures: US Debt Ventures is a private-equity firm based out of Fort Lauderdale, Florida led by its CEO, Todd Billings and sponsored by a group of high net worth investors.  The company focuses on acquisitions of distressed whole loan and REO acquisitions and is an active player in the distressed debt market. For more information contact: Office: 800.716.2370 Media Contact: Joanne Polin Profile Marketing & Public Relations, 561-350-8785, jpolin@profilemarkpr.com SOURCE Profile Marketing & Public Relations

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