Portfolio
Reigo · Level 1
3 funds · As of Aug 16, 2026, 4:05 PM UTC · Grand Summary + fund-level source snapshots
Preview — portfolio-wide Q&A, coming soon
Active Loans
115
Across 3 funds
Remaining UPB
$69.3M
NPL Exposure
$61.4M
Flat vs. prior verified period (Aug 6, 2026)
Performing Exposure
$8.0M
↓ $199.9K (-1 loan) vs. prior verified period (Aug 6, 2026)
Expected Additional Recovery
$17.6M
On 29.5% of portfolio UPB
Management Attention
5
Items require review
The operating queue — highest-relevance exceptions across funds, not a repeat of every fund-card gap. Click through to act.
Cash reconciliation
Trust-reported $185.9K vs. internal-email-reported $133.6K for 2026-07 — not reconciled.
Kantor / GIC: $52.3K expense discrepancy unresolved
Why it matters: An unexplained cash/expense gap of this size affects confidence in the trust cash waterfall.
Next move: Reconcile the internal email figure against the trustee's Deal Fees and Expenses schedule line-by-line.
Guarantee capacity
Cannot calculate. Cap minus known-partial-utilization would understate true cumulative utilization, since 13 of 14 months of payoff history have no explicit loss computation at all. Remaining capacity is not assumed to be close to the full cap.
Meitav: shareholder guarantee remaining capacity unknown
Why it matters: Cannot currently state how much of this fund's loss is actually shareholder-backed, which affects its true risk profile.
Next move: Reconstruct full guarantee utilization history month-by-month, not just the one documented period.
Recovery coverage
60 loan(s), $29.0M of UPB, have no source-backed recovery estimate.
Meitav: recovery estimates missing for 100.0% of UPB
Why it matters: Expected loss cannot be reliably sized for the uncovered portion, so total portfolio risk is understated, not just this fund's.
Next move: Obtain updated recovery/loss estimates for the remaining loans from the servicer or asset manager.
Recovery coverage
43 loan(s), $19.9M of UPB, have no source-backed recovery estimate.
Kantor / GIC: recovery estimates missing for 49.3% of UPB
Why it matters: Expected loss cannot be reliably sized for the uncovered portion, so total portfolio risk is understated, not just this fund's.
Next move: Obtain updated recovery/loss estimates for the remaining loans from the servicer or asset manager.
Recovery coverage
1 loan(s), $34.0K of UPB, have no source-backed recovery estimate.
Buligo: recovery estimates missing for 100.0% of UPB
Why it matters: Expected loss cannot be reliably sized for the uncovered portion, so total portfolio risk is understated, not just this fund's.
Next move: Obtain updated recovery/loss estimates for the remaining loans from the servicer or asset manager.
Fund Status — Level 2
$29.0M remaining · 60 loans
Recovery outlook
No fund-wide recovery model exists yet.
Timing coverage
4.3%
of fund UPB
Guarantee cap
~$3.0M
Management statement
Remaining capacity
Unknown
Never derived from partial utilization
Reigo By Meitav Fund Guarantee: ~$9.9M of covered balance is subject to this guarantee. It is a loss-protection mechanism, not an expected-recovery figure.
Target / wind-down
June 2027Management statement — not contractual
No fund-wide recovery model exists yet. Timing signal covers 4.3% of UPB. Management target: June 2027 (a statement, not a contractual deadline). A ~$3.0M aggregate shareholder guarantee (management statement) applies to ~$9.9M of covered balance; remaining capacity is unknown.
Main management issue
No fund-wide recovery model exists yet, and 57 loans ($27.8M) lack a timing signal.
$40.3M remaining · 54 loans
Expected recovery
$17.6M
Expected loss
$2.8M
Recovery coverage
50.7%
of fund UPB
Timing coverage
62.6%
of fund UPB
Target / wind-down
March 2027Management statement — not contractual
Recovery model exists for 50.7% of UPB. Timing signal covers 62.6% of UPB. Management target: March 2027 (a statement, not a contractual deadline).
Main management issue
Recovery estimate still missing for 49.3% of UPB, and 31 loans ($15.1M) lack a timing signal.
Portfolio Economics
Remaining UPB — all funds
$69.3M
Recovery estimates cover 29.5% of that UPB
Has a recovery estimate
$20.4M
29.5% of portfolio UPB
Expected recovery / loss
$17.6M/$2.8M
Within the modeled subset only — never extrapolated
Not yet modeled
$48.9M
70.5% of portfolio UPB has no recovery estimate yet
Top loans currently driving portfolio expected loss, across all funds — on covered UPB only.