Credit Suisse AG’s Launch of Its Mortgage Investment Platform

Homburger advised Credit Suisse (Schweiz) AG.

Credit Suisse (Schweiz) AG launched its innovative mortgage investment platform allowing investors to make standardized and automated investments in a periodically updated portfolio of mortgage loans originated by Credit Suisse (Schweiz) AG.

The platform will enable investors to select specific mortgage loans in which they wish to make an investment based on the eligibility criteria agreed upon with Credit Suisse (Schweiz) AG. Under this novel structure, different investors will be able to invest in mortgage loans that are secured by the same mortgage certificate(s).

The investments and the claims thereunder are fully secured by way of a fiduciary security structure. On the day of the launch of the platform, the initial investment in a selected portfolio of mortgage loans by the first participating investor (Swiss Mortgage Umbrella Fund – Swiss Mortgage Fund I) amounted to approx. CHF 1 bn.

The Homburger team was led by Stefan Kramer (Picture) and Dieter Grünblatt and included Alexander Wherlock, Marc Vogelsang and Lars Göldi.

Involved fees earner: Lars Göldi – Homburger; Dieter Grünblatt – Homburger; Stefan Kramer – Homburger; Marc Vogelsang – Homburger; Alexander Wherlock – Homburger;

Law Firms: Homburger;

Clients: Credit Suisse (Schweiz) AG;

Federica Tiefenthaler

Author: Federica Tiefenthaler