UPDATE 1-Centerbridge buys Ally's resort finance unit

Newswire

* Deal includes $1 bln loan portfolio * Centerbridge eyes further deals in the space * Sees opportunity as many traditional lenders exited By Paritosh Bansal NEW YORK, Sept 23 (Reuters) - Private equity firm Centerbridge Capital Partners said on Thursday it bought Ally Financial's resort finance unit, in a bid to tap into the timeshare lending market from which many traditional lenders have exited. The deal by Centerbridge, which has about $12 billion in capital under management, ...

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