Italy’s major private equity firm Clessidra sgr is now officially controlled by Italmobiliare, the investment company of the Pesenti family. The announcement came yesterday (see here the press release) after Bank of Italy had given its approval to the change of control in the asset management company which is under its banking supervision.
So Clessidra’s former shareholders (who were the founder’s widow Manuela Del Castillo Sposito and the management company’s management team)  signed the closing of the deal with Italmobiliare which had been announced last May  (see here a previous post by BeBeez).
The deal had obtained a go ahead by Clessidra Capital Partners III  fund’s investors last July (see here a previous post by BeBeez). The fundraising for the new fund targeting 800 million euros had been extended till  next November 30th.
Members of the new Board are  Carlo Pesenti (chairman), Mario Fera (ceo), Clessidra’s partners Riccardo Bruno and Manuel Catalano and non executive directors Federico Ghizzoni (former Unicredit’s ceo),  Alessandra Manuli (founder of HedgeInvest asset management company) and Galeazzo Pecori Giraldi (head of private investment banking at SocGen and former Morgan Stanley Italy’s ceo). Members of the Boardof auditors have been appointed Marina Brogi (chairman), Francesco Di Carlo and Alessandro Grange.
