IGI holds €100m first close for sixth fund

The fund was launched with a €150m target and is larger than its predecessor, IGI Investimenti Cinque, a buyout vehicle formerly known as Arca Impresa Tre and inherited from Arca Impresa Gestioni when IGI acquired the GP in September 2012. IGI Investimenti Cinque held a final close on €93m in March 2013.

According to a statement, the GP has the strategic objective of achieving a return between 2.5-3x on the capital invested through a combination of EBITDA increments, targeted M&A operations, deleveraging and consolidation of the portfolio companies.

Investors
The fund's LP base is mainly composed of Italian and international institutional investors.

Investments
The fund plans to acquire majority stakes in Italian companies with a presence in niche markets and export-driven business models, operating in industrial B2B and automation.

People
IGI Private Equity – Matteo Cirla (CEO); Angelo Mastrandrea (partner).

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

• Topics
• Funds
• Buyout
• Southern Europe
• Industrials
• IGI SGR
• Italy