Green Arrow acquires DeA capital alternative funds
After 15 years, the De Agostini Group sells the management company
3' min read
Key points
- Binding agreement signed
- The Bank of Italy authorisation process
- The largest operator in alternative investments is born
3' min read
Green Arrow Capital signed a binding agreement to acquire DeA Capital Alternative Funds SGR and created Italy's largest operator in alternative investments. The De Agostini Group's 15-year long interlude in this business thus comes to an end with the passing of the baton.
The Binding Agreement
Yesterday the two groups announced that they had signed a binding agreement forG the acquisition of 100% of DeA Capital Alternative Funds SGR , the management company wholly owned by the De Agostini Group, manager of several private equity, special situations and NPL funds, as well as management mandates and funds of funds. Green Arrow Capital is one of the leading independent operators on the alternative and sustainable investment scene in Italy and Europe, with over EUR 2 billion in historic inflows. The acquisition of the company remains subject to clearance from the Bank of Italy and the relevant authorities.
The binding agreement follows a competitive process organised by De Agostini in recent months. "With a view to rebalancing its portfolio of holdings, with this transaction the De Agostini Group enhances the work done over the last 15 years in setting up an asset management company of great reputation and reliability on the Italian scene, a leader in the management of alternative investments," the note underlines.
The New Entity
