Alto Capital IV fund, managed by Italian private equity firm Alto Partners sgr, announced a final closing at 210 million euros, its hard cap, Il Sole 24 Ore wrote, adding that committements came from a totla of 70 different investors of which 56% were institutional investors and 38% foreign investors.
The private equity firm founded by  Stefano Scarpis and Raffaele de Courten had announced a second closing at 152 million euros for its Alto Capital IV fund last October (see here a previous post by BeBeez) and the fund today has stakes in two companies already: Millefili (see here a previous post by BeBeez) and Tricobiotos (see here a previous post by BeBeez).
Alto Capital III fund is totally invested and still owns stake in 8 companies: Virosac (bags for waste and for food), IPE (Visionnaire brand luxury furnishings), Pastificio di Chiavenna (dietary and special pastas), Harbor (cosmetic and wellness products), La Suissa (production of chocolate and Easter eggs for recurrences), Legami (stationery and gift products), Artebianca (healthy biscuits) and Semenzato (sliced bread and sandwiches bread). Alto Capital III has recently sold its stake in Dolciaria Val d’Enza (pies and tarts).
