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Home DISTRESSED ASSETS

Italy’s distressed assets and NPEs weekly round-up. News from La Perla, MIMIT, illimity, FARO, and more

Salvatore Brunoby Salvatore Bruno
June 4, 2025
Reading Time: 2 mins read
in DISTRESSED ASSETS, ITALY, PRIVATE EQUITY, REAL ESTATE
Italy’s distressed assets and NPEs weekly round-up. News from La Perla, Sampdoria, Gestio Capital, Exor, La Repubblica, and more
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Adolfo Urso, the MIMIT, said that an industrial player acquired Italy’s iconic luxury lingerie brand La Perla (see here a previous post by BeBeez). The buyer will keep the target’s production plant in Bologna area, its 210 workers and hire a further 40 people. The MIMIT will disclose the name of the white knight on 10 June, Tuesday.

Paola Tondelli is the new ceo of illimity, part of Milan-listed illimity Bank, a firm that Corrado Passera founded in 2019 (see here a previous post by BeBeez). Tondelli is the chairwoman of the Italian chapter of Turnaround Manager Assoaciation (TMA) and previously headed illimity’s Credit & Corporate Turnaround (ICCT) and illimity Real Estate Credit (IRC), a fund that invests in real estate backed UTPs and NPLs. Tondelli also worked for Vitale & Associati. Sources close to illimity said to BeBeez that such an appointment is part of illimity’s strategy for a better efficiency.

FARO Alternative Investments, a Luxembourg-law multi-fund alternative investment vehicle born in April 2024 of which FARO Value is lead advisor and Crestbridge manager, appointed Roberto Del Giudice as head of investor relations and ESG (see here a previous post by BeBeez). Del Giudice previously worked as Italy country manager for Paris’ IRoise Partners and as senior partner of Fondo Italiano d’Investimento. Del Giudice will report to the FARO’s ceo Augusto Balestra. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors FARO Alternative Investments and its portfolio companies. Find out here how to subscribe for one month or one year or Click here for booking a demo videocall with BeBeez database manager.

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Gateways to Italy – Offer your services to funds and investors willing to explore opportunities in Italy. Become a partner!

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June 6, 2023

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