First closing at € 400 millions
Milan, May 28th 2020 – The Board of Directors of Fondo Italiano d’Investimento SGR, chaired by Andrea Montanino, together with the CEO Antonio Pace, has approved the launch of a new private equity fund dedicated to minority investments, named Fondo Italiano di Minoranze per la Crescita – FIMiC (Italian Fund for Minorities for Growth).
The fund targets companies having an annual turnover between 20 and 250 million euro, that are financially strong, profitable and have ambitious plans for growth. The initiative intends to involve a wide range of institutional investors, both Italian and International, interested in investing in Italian SMEs, supporting their internal and external growth.
Within its investment strategy, the Fund intends also to involve other private equity players in order to create the industrial and financial synergies to support Italian excellences.
This is the second initiative of Fondo Italiano dedicated to minority investments after the FII UNO Fund, that between 2010 and 2017 did realize 34 investments for an invested amount of approximately 390 million euro.
