Italian GP Clessidra has joined forces with Intesa Sanpaolo and Unicredit to back Marco Tronchetti Provera, chairman of tyremaker Pirelli, in the acquisition of further shares in the company.
Fund VI has raised half of its target so far, with the GP seeking to further prove its investment track record throughout 2023
Sponsors remain broadly optimistic despite fundraise bottlenecks and a growing number of LPs faced with tough choices on manager selection
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GP has raised EUR 150m for the vehicle against a EUR 250m target, with one third already deployed