Duemme Sgr’s Fondo per le Imprese makes first investment
Duemme Sgr’s SMEs fund made its first investment by buying Selle Royal’s mini-bond.
Selle Royal SpA, a firm providing bike equipment, issued a €10m mini-bond which will be listed on the ExtraMOT, segment PRO on Borsa Italiana.
The mini-bond is the first investment made by Duemme Sgr, Banca Esperia’s asset management arm, Fondo per le Imprese, an Italy-domiciled fund investing in alternative financial instruments for SMEs.
Mediobanca has acted as arranger of the deal.
Launched in 2013, the fund allows institutional investors to invest in local SMEs with strong fundamentals looking at financing their growth plans in the short-medium period.
The Fund Selector Roundtable Spain takes place on 16 September 2014 at the ME Madrid Reina Victoria.
Click here for further details and to register: http://events.investmenteurope.net/spain
To connect with peers before the event visit: https://www.linkedin.com/groups?gid=8113576