Keystone Fund
Notice
Keystone is a closed-end fund reserved for institutional investors dedicated at the management and the enhancement of mainly unlikely-to-pay (UTP) credits. The fund is placed at the service of Italian banking institutions that intend to entrust highly specialized managers with credits owed to small and medium-sized Italian companies in order to favor the maximization of their recovery – also through recourse to Nuova Finanza – and, at the same time, benefit from the derecognition of credits from their balance sheets. The structure of the fund is designed to accommodate multiple waves of investment by both existing investors and new lenders. The fund makes use of the strategic collaboration of EY which, as advisor, assists Kryalos SGR in portfolio scouting and due diligence activities, and which supports Kryalos SGR in the process of management and enhancement of individual loans, as well as in any restructuring activities of debtor companies.
In compliance with the formalities pursuant to art. 7.1, paragraph 6, of Law 130, the list of credits subject to transfer to the Keystone Fund with an effective date of June 30, 2026 is shown at the following link.
In compliance with the formalities pursuant to art. 7.1, paragraph 6, of Law 130, the list of credits subject to transfer to the Keystone Fund with an effective date of February 24, 2026 is shown at the following
In compliance with the formalities pursuant to art. 7.1, paragraph 6, of Law 130, the list of credits subject to transfer to the Keystone Fund with an effective date of January 29, 2026 is shown at the following link.
In compliance with the formalities pursuant to art. 7.1, paragraph 6, of Law 130, the list of credits subject to transfer to the Keystone Fund with an effective date of January 15, 2026 is shown at the following link.
In compliance with the formalities pursuant to art. 7.1, paragraph 6, of Law 130, the list of credits subject to transfer to the Keystone Fund with an effective between November 28, 2025, and December 24, 2025
In compliance with the formalities pursuant to art. 7.1, paragraph 6, of Law 130, the list of credits subject to transfer to the Keystone Fund with an effective date of July 23, 2025 is shown at the following link.
In compliance with the formalities pursuant to art. 7.1, paragraph 6, of Law 130, the list of credits subject to transfer to the Keystone Fund with an effective date of 24 and 25 June 2024 is shown at the following link.
In compliance with the formalities pursuant to art. 7.1, paragraph 6, of Law 130, the list of credits subject to transfer to the Keystone Fund with an effective date of June 10, 2025.
In compliance with the formalities pursuant to art. 7.1, paragraph 6, of Law 130, the list of credits subject to transfer to the Keystone Fund with an effective date of December 24, 2024.
In compliance with the formalities pursuant to art. 7.1, paragraph 6, of Law 130, the list of credits subject to transfer to the Keystone Fund with an effective date of 16 and 17 December 2024 is shown at the following link.
In compliance with the formalities pursuant to art. 7.1, paragraph 6, of Law 130, the list of credits subject to transfer to the Keystone Fund with an effective date of 7 and 17 October 2024 and November 21, 2024 is shown at the following link.
In compliance with the formalities pursuant to art. 7.1, paragraph 6, of Law 130, the list of credits subject to transfer to the Keystone Fund with an effective date of February 9, 2022 is shown at the following link.
In compliance with the formalities pursuant to art. 7.1, paragraph 6, of Law 130, the list of credits subject to transfer to the Keystone Fund with an effective date between 21 and 22 December 2022 is shown at the following link.
In compliance with the formalities pursuant to art. 7.1, paragraph 6, of Law 130, the list of credits subject to transfer to the Keystone Fund with an effective date of May 12 2023 is shown at the following link.
In compliance with the formalities pursuant to art. 7.1, paragraph 6, of Law 130, the list of credits subject to transfer to the Keystone Fund with an effective date of July 5 2023 is shown at the following link.
In compliance with the formalities pursuant to art. 7.1, paragraph 6, of Law 130, the list of credits subject to transfer to the Keystone Fund with an effective date of September 21 2023 is shown at the following link.
In compliance with the formalities pursuant to art. 7.1, paragraph 6, of Law 130, the list of credits subject to transfer to the Keystone Fund with an effective date between 14 and 22 December 2023 is shown at the following link.
In compliance with the formalities pursuant to art. 7.1, paragraph 6, of Law 130, the list of credits subject to transfer to the Keystone Fund with an effective date of 27 June 2024 and 28 June 2023 is shown at the following link.