Quadrivio looks for investor to buy controlling stake

The GP is owned by the holding company Quadrivio Italia, in which former chair Alessandro Binello and former CEO Walter Ricciotti have a 70% holding, while Futura Invest, a holding company owned by Fondazione Cariplo and Fondazione Enasarco, owns the remaining 30% stake.

According to Il Sole 24 Ore, the firm's shareholders appointed Lazard with the aim to look for an institutional investor willing to acquire Binello and Ricciotti's stake.

In April 2017, Binello and Ricciotti resigned following a specific request from Banca d'Italia to separate shareholders and managers within all investment firms with more than €500m of assets under management. Following the resignations, Adalberto Alberici and Francesco Ceci became chair and CEO, respectively.

Currently, Quadrivio has €1.3bn in assets under management. Most recently, the GP held a €120m first close for its maiden private debt vehicle, Quadrivio Private Debt. It is understood to be nearing final close for its €250m third private equity fund and a €100m infrastructure vehicle, dedicated to clean energy investments. The firm aims to launch a €200m private equity fund-of-funds this year, unquote" understands.

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

• Topics
• GPs
• Southern Europe
• Italy
• Quadrivio