i80 Group announced it has acquired a $250 million portfolio of re-performing auto loans from a systemically important global financial institution, marking another transaction as the New York-based firm expands its activity in asset-based finance and structured credit.
The acquired pool is made up of seasoned auto loans that have returned to making payments after prior distress, with borrowers showing long-dated payment histories. i80 Group said the portfolio is further supported by vehicle recovery values, and that the transaction fits its strategy of investing in granular, cash-flowing pools where underwriting can be performed at scale.
The deal also underscores a broader trend among regulated lenders seeking to optimize balance sheets as capital requirements, efficiency targets, and strategic priorities continue to shape portfolio management decisions across the financial sector. i80 Group positioned the acquisition as an example of how institutions are increasingly looking for flexible capital partners that can provide certainty of execution while accommodating customized transaction structures.
Peter Frank, a managing director at i80 Group, said the transaction reflects rising demand from large financial institutions for reliable, flexible capital solutions, and emphasized the firm’s ability to acquire and underwrite complex, seasoned asset pools at scale.
i80 Group said the acquisition builds on momentum in its ABF platform, where it has committed more than $4 billion to date. The firm said it partners directly with large financial institutions to structure transactions designed to meet seller objectives while remaining aligned with investor expectations—an approach it expects to remain in demand as portfolio acquisitions and structured credit activity continue.
Founded in 2016, i80 Group is an SEC-registered global investment firm focused on asset-based credit solutions. The firm is headquartered in New York and also has an office in London.
KEY QUOTE:
“This transaction reflects the growing demand from large financial institutions for flexible, reliable capital solutions. i80 is uniquely positioned to acquire and underwrite complex, seasoned asset pools at scale while delivering certainty of execution.”
Peter Frank, Managing Director, i80 Group
