Advanced Capital hires adviser
European fund-of-funds Advanced Capital has announced the hire of Alberto Clô as special adviser for investment in the energy sector.
Clô previously held the position of minister of industry and foreign trade in the Italian government and chaired the council of the EU's ministers of industry and energy in 1996.
Clô holds the professorship of applied economics at the University of Bologna, is chief editor of Energia magazine and director of several large infrastructure firms.
The new hire follows the recent launch of Advanced Capital Energy Fund, an energy fund-of-funds, and reflects the firm's shifting investment strategy towards certain target sectors.
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