Italy
Sofinnova invests €1.65m in PinCell
GP deploys capital from Sofinnova Telethon Fund, which recently held a final close on €108m
Ambienta raises $150m for absolute return fund
Ambienta X Alpha is managed by a team based in London, led by chief investment officer Fabio Pecce
Star Capital closes fourth fund on €140m
Fund targets Italian companies operating in a wide range of sectors and has a special focus on ESG
CDP commits additional €100m to FoF PE Italia
New commitment brings the total capital raised by the private equity fund-of-funds to €300m
Chimera Investments backs bike company Colnago
Colnago's founder, Ernesto Colnago, will retain a small minority stake in the business
Indaco Venture, Invesco invest €3m in Expert System
Company intends to use the fresh capital to further expand internationally, primarily across the US
FIEE launches €175m second fund
FIEE is an Italian private equity firm dedicated to the energy efficiency and renewable sectors
Aksìa hires two
Edoardo Peroglio Longhin is appointed as investment manager and Guglielmo Orsatti as senior analyst
FIEE backs Cremonesi
FIEE invests in Italian companies operating across the energy efficiency and renewable sectors
October starts deployment of Italian direct lending fund
Firm also manages October SME IV, a European Long Term Investment Fund (ELTIF) with a €250-300m target
F2i backs Compagnia Ferroviaria Italiana
GP invests via Ania F2i Fund, a vehicle launched in partnership with the Italian insurance association Ania
Sofinnova invests €16m in Italian biotech company Genespire
GP deploys capital from Sofinnova Telethon Fund, which targets early-stage Italian biotech companies
Armonia to buy Arrigoni
Armonia will deploy equity from its Armonia Italy Fund, which held a final close on €280m in July 2018
Oaktree backs Asacha Media, creates TV production group
With support from Oaktree, Asacha is currently in negotiations to acquire additional production companies
Investindustrial to buy minority stake in Guala for €91m
Offers is made via Special packaging solutions investments, which is controlled by Investindustrial VII
Ambienta buys software provider Namirial
GP is investing via its Ambienta III fund, which held a first and final close on €635m in May 2018
Neuberger Berman, NB Aurora exit Elco
Neuberger Berman sells its 16.5% stake in the company and NB Aurora its 13.3% holding
Italian fundraising processes disrupted by Covid-19 crisis
A round-up of the processes affected, as well as those still pushing through despite the pandemic
P101 leads €6m funding round for Codemotion
P101 invests €3.5m in the company from two vehicles, Programma 102 and co-investment fund ITA500
Springrowth closes debt fund on €417m, plans new €200m rescue fund
Fund targets mid-market European companies generating EBITDA of at least €3m and revenues of €30-150m
Lakestar leads $13m series-A for Yapily
Lakestar is currently investing its third early-stage-dedicated fund and its first growth fund
Riello Investimenti launches €150m debt fund
Fund is larger than its predecessor, Impresa Italia Private Debt I, which raised €70m in 2016
FVS exits Exor, buys stake in Holdex
FVS invests for minority stakes in Italian companies operating in a wide range of sectors
FVS launches €75m second fund
Fund targets minority stakes in companies based across the north-east of Italy, with revenues of €10-200m