Politics
Italy’s Nextalia Raises €1.1 Billion for New Private Equity Fund
Key Points
Italy’s Nextalia Raises €1.1 Billion for New Private Equity Fund Italy’s Nextalia Investment Management raised over €1.1 billion ($1.3 billion) for its second private equity strategy fund, targeting opportunities in its home market. The fund’s first closing was completed on Tuesday with 200 initial investors signing up, said founder Francesco Canzonieri. Nextalia aims for a hard cap at year end of €1.5 billion, he said in an interview.
Italy’s Nextalia Raises €1.1 Billion for New Private Equity Fund
Italy’s Nextalia Investment Management raised over €1.1 billion ($1.3 billion) for its second private equity strategy fund, targeting opportunities in its home market.
The fund’s first closing was completed on Tuesday with 200 initial investors signing up, said founder Francesco Canzonieri. Nextalia aims for a hard cap at year end of €1.5 billion, he said in an interview.