CLESSIDRA CAPITAL PARTNERS GREEN HARVEST: A NEW FUND DEDICATED TO ITALIAN AGRI-FOOD SMEs

With a target of €150 million and a hard cap of €200 million , the new fund aims to invest, with a preference for majority transactions, in the segment of small and medium-sized Italian agri-food companies, which is extremely interesting both in terms of the number of opportunities and the potential for growth and consolidation , leveraging the important track record built up by Clessidra PE and its team in over twenty years of activity in the sector in Italy .

Clessidra Capital Partners Green Harvest , which meets the requirements of Article 9 of the SFDR regulation for decarbonisation objectives aligned with Science Based Targets (SBTIs) , has already received broad support from both the Group's historical investors and new stakeholders.

In addition to Andrea Ottaviano, CEO of Clessidra Private Equity SGR , the investment activity will be managed by a dedicated team, led by Emanuele Cuccio and Marco Guglielminetti , both Managing Directors of Clessidra PE with consolidated investment experience in the Italian market.

" Clessidra Capital Partners Green Harvest represents a strategic step for our Group, expanding its presence in the SME market and focusing on the agri-food segment, which has been central to our private equity strategy for over twenty years , while maintaining the same philosophy and vision," commented Andrea Ottaviano . "Our goal is to capitalize on our network's historical experience in a particularly interesting segment like the Italian agri-food supply chain , one of the country's leading contributors to GDP, rich in family-run businesses with significant development potential. Clessidra PE has grown in its structure and the size of its investments , but continues to see significant opportunities in this market segment, within a solid, profitable supply chain with real and lasting competitive advantages linked to environmental sustainability."

About Clessidra Private Equity SGR

Clessidra Private Equity SGR is one of Italy's leading private equity firms, with over €3 billion in capital raised through its funds. Founded in 2003, Clessidra PE is controlled by Clessidra Holding and has completed over 30 investments totaling over €2 billion, as well as over 30 add-on transactions for portfolio companies. In 2023, Clessidra PE completed the raising of its fourth private equity fund, which is currently in the investment phase.

Information about the Clessidra Group

With a track record spanning over twenty years, the Clessidra Group is one of Italy's leading alternative investment providers, providing SMEs with financial resources, expert expertise, and experience in ESG integration. It responds to the broad demand for diversified products and services from leading domestic and international institutional investors. The Group boasts over €2.3 billion in invested capital and over €1.2 billion in financing. Founded in 2003 as an asset management company operating in Italian private equity, it quickly became one of the leading players in the Italian market. In 2016, the Clessidra Group was acquired by Italmobiliare SpA, an investment holding company listed on the Milan Stock Exchange and controlled by the Pesenti family. In 2019, it launched a diversification strategy that has progressively expanded its activities beyond the traditional private equity sector. The Clessidra Group is now an independent platform active in alternative investments, asset management, and factoring, offering a wide range of products and services dedicated to institutional investors and Italian medium-sized businesses. The Group is headed by Clessidra Holding, which controls three companies: Clessidra Private Equity SGR, Clessidra Capital Credit SGR, and Clessidra Factoring, which specialize in private equity, distressed and performing loans, and factoring, respectively.