The 2018 Stability Law established a new Private Equity fund, with an initial allocation of 150 million, managed by Invitalia Ventures, Invitalia’s SGR.
This is a closed Fund with a duration of 12 years and resources from the Development and Cohesion Fund. It is expected, as happened for Italy Ventures I, the subscription by other investors, and the increase in availability.
The aim is to stimulate the growth of companies in Southern Italy, partly thanks to the Fund itself, thanks to the appeal of private investments.
In fact, Italia Ventures II will make direct investments with up to 50% of the investment, where at least the remaining 50% comes from a private investor. Possible beneficiaries are companies with over 10 million of revenue in sectors such as agrofood, mechatronics, healthcare, tourism, fashion and lifestyle. A pool of around 300 companies in which the Fund can draw.
Private Equity therefore opens up to marginal regions, such as number and size of operations. This is to support the growth and internationalization of companies in the South, which in recent years have shown development rates similar to those of the North