Anthilia Capital Partners SGR has obtained a capital increase subscribed by Banco Desio e della Brianza SpA
On 4 November 2021, an investment agreement was entered into between Banco Desio e della Brianza SpA, Anthilia Capital Partners SGR, and its parent company Anthilia Holding S.r.l., concerning the entry of Banco Desio into the share capital of Anthilia. On 29 June 2022, in execution of the investment agreement, Banco Desio subscribed and paid up the share capital increase resolved by the SGR and reserved for subscription to Banco Desio for approximately US$4.6 million.
Anthilia Capital Partners is an independent Italian company operating in the private capital and asset management sector. With assets under management exceeding US$1.6 billion, Anthilia manages open and closed investment funds, individual absolute return mandates and alternative ELTIFs and ISAs, and provides investment advice. Through the industrial and financial partnership with the bank, Anthilia enriches and consolidates its commitment to growth. The entry of Banco Desio into the capital of Anthilia offers further solidity and expertise to the SGR’s activities, supporting the current managerial team that has led Anthilia’s growth and development to date.
Banco Desio has a distribution network of over 230 branches across northern and central Italy. In the asset management and bancassurance sector, it operates through distribution agreements with primary national and international counterparties. In addition, in compliance with the aforementioned investment agreement, the SGR today issued and assigned warrants to Banco Desio – convertible to ordinary shares of the SGR subject to Banco Desio achieving certain sales objectives by 2024 – which could allow it to increase its equity investment to a stake equal to 30% of the share capital of the SGR. This partnership with Anthilia aims to enhance the bank’s services to both SMEs and individuals, in close collaboration with its business and wealth management divisions, by providing its customers with services and products which fall within Anthilia’s recognized expertise.
Oaklins’ team in Italy acted as the exclusive financial advisor to Anthilia in this transaction.
Contacter l'équipe de la transaction
Transactions connexes
Manolete Partners plc has completed a successful debt refinancing
Manolete Partners plc has signed a new revolving credit facility (RCF) with its existing provider, HSBC. The new RCF provides Manolete with the same level of facility as the previous arrangement, at US$22.6 million (£17.5 million), but with a reduced margin and lower non-utilization fee. The facility has a term of 3.25 years, with the option to extend for an additional year on the same terms.
En apprendre plusGenerali has expanded its footprint in Bulgaria by acquiring one of the top health insurers on the market
Doverie United Holding has successfully completed the sale of United Health Insurance Fund Doverie (Doverie) to Generali CEE Holding.
En apprendre plusCaja 18 has successfully completed a US$42 million corporate bond placement
Caja 18 has completed a placement of US$42 million (1,100,000UF) in corporate bonds on the local capital market. The bonds, with a seven-year term, semi-annual amortizations and a duration of 3.87 years, were secured by social credit guarantees. The proceeds will be used to finance Caja 18’s social credit program and refinance previously contracted liabilities for the same purpose. As part of this refinancing plan, Caja 18 also completed the voluntary early repurchase of its Series A bonds.
En apprendre plus