First successful closing of Clessidra Capital Partners 4 fund, at about 270 million euros
Milan, June 15, 2021. Italmobiliare - which already invested in the Clessidra Capital Partners 3 Fund- will be the sponsor of the fourth fund, with a commitment of 75 million euros to the first closing.
The placement reached about 270 million euros and has registered a significant participation of subscribers from previous funds, including some of the primary Italian institutional players. Next stages of fundraising of Clessidra Capital Partners 4, which has an overall target of 500 million euros, will be focused on Italian and international institutional investors.
“This commitment” Carlo Pesenti, CEO of Italmobiliare, comments “confirms Italmobiliare's role in supporting Clessidra's strategy as leading management company in the Italian private equity market and potentially to the benefit of all investors in the fund. The excellent results of Clessidra Capital Partners 3 fund and the today’s scenario indicate that alternative finance can play a strategic role for the development of leading Italian companies, with a significant prospect for growth”.