PE fund for businesses in crisis

Ubaldo Livolsi, president of the Italian M&A boutique Livolsi&partners, has proposed the creation of a private equity fund aimed at businesses in crisis. The new fund would operate in specific sectors - decided by the government - such as the agro-food, tourism and automobile industries. The main remit of the fund would be to acquire temporary stakes in businesses in crisis, which would then be reorganised before eventually being exited by the venture capital fund. According to Livolsi, such a fund would need a minimum capital of e5m-10m, which would be provided by the Ministry of Economy's Sviluppo Italia (15%) and Fondazione Bancarie (15%), with private and institutional investors making up the remainder.

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Southern Europe