Fondo Italiano d’Investimento funds of funds ready to commit to three new Italian funds

Milan, March 26th, 2021 – The Board of Directors of Fondo Italiano d’Investimento SGR (“FII SGR” or “Fondo Italiano”), chaired by Andrea Montanino and led by the CEO Antonio Pace, met today.

During the meeting, the BoD approved three new investments for the funds of funds, equal to a total commitment of 80 million euros. FOF Private Equity Italia (“FOF PE Italia”) is going to finalize two investments. These are Clessidra Capital Partners 4, managed by Clessidra Private Equity SGR and Xenon Private Equity Small Cap, managed by Xenon AIFM S.A., both funds operate in Italy. FOF Private Debt Italia (“FOF PD Italia”) will instead invest in Fondo PMI Italia II, managed by Finanziaria Internazionale Investments SGR, a private debt fund.

The new investments are in line with the previously announced strategy of FII SGR’s Fund of Funds to sustain larger funds with a proven track record that focus on Small and Medium Sized firms and their consolidation. FII Sgr also focuses on supporting first time teams looking at smaller companies.

With these new resolutions, the investments approved by the Board of Directors for FOF PE Italia and FOF PD Italia rise to 12, for over € 335 million committed (with the potential to mobilize € 2.2 billions together with other market investors). Overall, FII SGR, through its management of 4 funds of funds has invested in 39 vehicles. In total these have involved over 300 companies, with an aggregate turnover of approximately €30 billion and over 150.000 employees.

Due to these activities, Fondo Italiano continues to pursue its commitment to the achievement of the Sustainable Development Goals promoted by the United Nations (“SDGs”), specifically, number 8 on “Decent work and economic growth”, number 9 on “Industrial innovation and infrastructure” and number 17 on “Partnership for the goals”.

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BOD-26March2021_PressRelease

Fondo Italiano d’Investimento SGR

Founded in 2010 at the initiative of the Ministry of Economy and Finance (MEF) and participated by CDP Equity, Intesa Sanpaolo, UniCredit, ENPAM Foundation, ENPAIA Foundation, ABI, Banco BPM, and BPER Banca, Fondo Italiano d’Investimento SGR's main objective is to manage closed-end mutual funds aimed at channelling capital towards the system of excellent Italian companies, combining the goal of return on invested capital in line with international benchmarks with that of fostering the growth of the Italian productive system. Fondo Italiano manages 21 closed-end mutual funds reserved for qualified investors, totalling over Euro 4 billion of capital under management, and operates through direct and indirect investments (fund of funds). Fondo Italiano considers sustainability a fundamental value and is committed to integrating environmental, social, and governance (ESG) criteria into its investment activities.

For further information

Roberto Travaglino

Fondo Italiano d’Investimento SGR

+39 02 63532 208

roberto.travaglino@fondoitaliano.it

Thanai Bernardini

External press office

+39 335 7245418

me@thanai.it

Alessandro Bozzi Valenti

External press office

+39 348 0090866

alessandro.valenti@thanai.it