Intuitucapital

Seed capital specialist Intuitucapital recently opened its Milan office. Intuitucapital Italy will be led by Ricardo Parrovicini, who was formerly president of BBDO Italy and CEO of Fi System Italy. As part of its international expansion strategy, Intuitucapital already has established relationships with European partners in the UK, German and Italian private equity markets. The opening of the Milan office represents the second phase of this strategy as the company now aims to establish its own network in Italy. Intuitucapital Italy expects to generate a deal volume of more than EUR30.5m from 2002 onwards. These deals will include acquisitions of French or Anglo-Saxon companies in Italy and investments in or acquisitions of Italian groups in France.

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• Southern Europe