Clessidra SGR, a management company in the Italian private equity market, has appointed Andrea Ottaviano as Head of Private Equity activities.
Clessidra SGR, a management company in the Italian private equity market, has appointed Andrea Ottaviano as Head of Private Equity activities.
Boasting a decades-long experience in the industry, 51-year-old Andrea Ottaviano joins Clessidra following ten years in an international fund. Before that, he held roles of increasing responsibility at investment banks, both in Italy and abroad. His solid experience and successful track record strengthen the Investment Team he will be leading and which composition is confirmed.
“Andrea’s appointment confirms Clessidra’s ability to attract highly qualified professionals who share the same strategic vision and can support its future developments, strengthening the company in the traditional field of private equity,” says Carlo Pesenti, Chairman.
The designation of a new Head of Private Equity is part of an overall strategy aimed at making Clessidra the main Italian player in the various sectors in which it operates, starting from the historic core business of private equity, continuing in the bank loans sector, following the recent launch of the Clessidra Restructuring Fund dedicated to Unlikely to pay receivables towards industrial companies.
Ottaviano says: “I am proud to join Clessidra, a company that in sixteen years of activity has helped to trace the history of the Italian Private Equity sector, and to guide its team ahead of the launch of its fourth fund. The Italian entrepreneurial environment, with its excellent companies in various sectors, offers significant investment opportunities and returns potential for investors.”
