Philippine Investment One (SPV-AMC)
January 31, 2012
In 2008 Standard Chatered Bank requested our assistance to file a rehabilitation plan to take Lehman Brother’s Philippine SPV (Philippine Investments 2 or PI2) into a financial rehabilitation. The Philippine Court’s approved the rehab plan for the two Lehman SPVs (PI1 and PI2). The Court appointed a Management Committee (Mancom) to oversee PI1 and PI2. The Mancom changed the servicer to us effective June 1, 2010.
OUR ASSET SERVICING SERVICE
Our proven track record in asset management and servicing impelled PI One to change servicers from Capital Servicing Advisors Philippines, Inc. to us.
We are in the process of transitioning this portfolio and are preparing a business plan.
We have hired two account officers formerly working for the previous servicer to complement our team.