Tikehau, Italmobiliare make offer for Fondo Italiano portfolio
Tikehau Capital and Italmobiliare have submitted a binding offer to fully acquire LP interests in the Fondo Italiano d'Investimento (FII) vehicle.
Following its general meeting on 21 June 2017, Italian family office Italmobiliare – the owner of buyout house Clessidra – submitted a binding offer for 100% of the LP interests in FII's currently managed portfolio, in a joint venture with Tikehau Capital.
It is understood that Clessidra would take control of the portfolio following the acquisition should the bid be successful.
Launched in 2010 by Cassa Depositi e Prestiti, FII is currently invested in 23 companies active in the manufacturing, food, services and technology sectors.
According to a source familiar with the situation, Credit Suisse is leading the auction process for the asset.
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