Roberta Benaglia is closing fundraising for Style Capital fund, the new mid-marlet private equity fund focused on fashion and made in Italy sectors which is going to be managed by Dgpa sgr. Benaglia is Dgpa’s ceo and few days ago bought the whole capital of the management company from her partners. MF-Milano Finanza.writes today.
Style Capital fund will have 100 million euros of dry powder with major committements by the Marzotto family (the branch led by Gaetano Marzotto, who chairs Pitti Immagine, a company devoted to promoting the fashion industry worldwide) who will invest about 40 million euros in the project.
Another strategic ally will be Albert Frère, who is Ergon Capital Parnters’ sponsor. Ergon capital fund bought the Golden Goose fashion brand from Dgpa sgr’s Dgpa Capital fund and from Riello Investimenti‘s fund last May for about 100 million euros. Co-investor in the deal together with Ergon was Zignago group, controlled by the Marzotto family,
The rest of the money will be committed to Style Capital by a group of Italian entrepreneurs in the italian fashion sector. Gaetano Marzotto will chair the management company which is going to change name, while Benaglia will be confirmed ceo.
ABout 20 dossier are on the desk of the new fund, MF-Milano Finanza writes, quoting Msgm, Paola Cademartori and Aquazzurra as possible targets.
Style capital’s management company will keep on managing Dgpa Capital’s private equity portfolio which consists of a 5.12% in Milan-listed jewlery producer Damiani , in the beachwear maker Sundek, the railway systems maker Production group and Energia & Servizi (renewable energy).