Financial holding company Italmobiliare has completed its acquisition of private equity house Clessidra Sgr after receiving authorisation from the Bank of Italy.
Italmobiliare now holds 99 per cent of Clessidra.
The company’s new board of directors is as follows: Carlo Pesenti (chairman), Mario Fera (CEO), Riccardo Bruno, Manuel Catalano, Federico Ghizzoni, Alessandra Manuli and Galeazzo Pecori Giraldi.
A new board of statutory auditors has also been appointed – Marina Brogi (chairman), Francesco Di Carlo and Alessandro Grange.
An investment holding owned by the Pesenti family, Italmobiliare manages a diversified investment and equity portfolio worth more than EUR1.6 billion and recently completed the conversion of savings shares into ordinary shares.
The acquisition of Clessidra is part of a wide-ranging policy to diversify its investment portfolio and represents an opportunity to develop its operations in private equity through the purchase of the largest Italian operator in the sector.