Ambienta SGR’s $150 Million Hedge Fund

FIVELEX Studio Legale advised Ambienta SGR in implementing the business project of extending its activity to the management of foreign (Irish) long short equity UCIs.

Ambienta SGR SpA launched its first hedge fund – led by former Man GLG money manager Fabio Pecce – focused on industrial growth investing in companies driven by environmental trends.

Ambienta SGR is a leading European Private Equity fund operating out of Milan, London, Düsseldorf and Ireland focused on industrial growth investing in companies driven by environmental trends.

FIVELEX, with a team led by Francesco Di Carlo and Flavio Acerbi, assisted Ambienta SGR in: (i) the preparation and filing of the relevant communications (and related documents) before the Bank of Italy for: (a) the extension of the SGR activity to the management of UCITS funds and (b) cross border operation in Ireland; (ii) interactions with the Supervisory Authorities during the authorization process; (iii) the process concerning the marketing in Italy of Irish ICAV (UCITS). The Firm also assisted Ambienta SGR in the definition of the participation schemes for the (new) funds managers, with a complex as well as innovative solution articulated in participating financial instruments and warrants issued by the management company.

 

Involved fees earner: Flavio Acerbi – FIVELEX; Francesco Di Carlo – FIVELEX;

Law Firms: FIVELEX;

Clients: Ambienta Sgr S.p.A. ;

Author: Federica Tiefenthaler

Ambienta SGR’s $150 Million Hedge Fund

FIVELEX Studio Legale advised Ambienta SGR in implementing the business project of extending its activity to the management of foreign (Irish) long short equity UCIs.

Ambienta SGR SpA launched its first hedge fund – led by former Man GLG money manager Fabio Pecce – focused on industrial growth investing in companies driven by environmental trends.

Ambienta SGR is a leading European Private Equity fund operating out of Milan, London, Düsseldorf and Ireland focused on industrial growth investing in companies driven by environmental trends.

FIVELEX, with a team led by Francesco Di Carlo and Flavio Acerbi, assisted Ambienta SGR in: (i) the preparation and filing of the relevant communications (and related documents) before the Bank of Italy for: (a) the extension of the SGR activity to the management of UCITS funds and (b) cross border operation in Ireland; (ii) interactions with the Supervisory Authorities during the authorization process; (iii) the process concerning the marketing in Italy of Irish ICAV (UCITS). The Firm also assisted Ambienta SGR in the definition of the participation schemes for the (new) funds managers, with a complex as well as innovative solution articulated in participating financial instruments and warrants issued by the management company.

 

Involved fees earner: Flavio Acerbi – FIVELEX; Francesco Di Carlo – FIVELEX;

Law Firms: FIVELEX;

Clients: Ambienta Sgr S.p.A. ;

Author: Federica Tiefenthaler