Ambienta announces international expansion and new hires

The new office will help complete the investment of its Ambienta I vehicle, which contains €217.5m and has so far completed eight investments in energy efficiency, pollution reduction, recycling and resource management. Approximately €55m remains available for investment.

The environmental sector private equity firm cites similarities between the Italian and German market including the importance of a local presence as the reason behind its expansion.

Rudolf Ohnesorge has been appointed an investment partner in the new Munich office and will be the adviser for Germany, Austria, Switzerland and the Nordics. He joins from Siemens Financial Service, where he was a managing partner of the growth capital portfolio for the technology investment division.

The Milan team has appointed Stefano Bacci as partner and Dario Duse as operating partner.

Guido Rivolta has resigned from his position on Ambienta's board of directors, but will remain on the advisory board and as an investor in the fund. He will be replaced by Fabio Ranghino.

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