Clessidra Restructuring Fund
Launched in September 2019, the Clessidra Restructuring Fund is a closed-end alternative investment fund that manages assets of over 350 million euros.
The single-compartment fund has two classes of shares:
- Credits, subscribed by major credit and financial institutions against the assignment of claims against companies.
- New Finance, subscribed by investors and released through cash payments aimed at supporting restructuring and relaunch projects for companies.
Fund size
Companies
Institutional investors
(Credits and New Finance)
Cumulative turnover 2019
Per settore
Per geografia
Turnaround & Special situation
The distinctive approach of turnaround funds in creating value.
Deep knowledge of the Italian industrial context to ensure the identification and implementation of shared relaunch strategies aimed at financial and asset rebalancing in the long term.
Technical skills in the field of business crisis composition strategies, combined with a proven experience in the field of credit and alternative investments.
Proactivity in identifying intervention strategies along the entire capital structure (from debt instruments to equity instruments) and ability to actively work with entrepreneurs and management in relaunch project.
Clear identification of the relaunch path and sharing of the objectives of value creation with the entrepreneur and management.
Subsidiaries
Iscom SpA
In portfolio | 06/2024
Metal roofing
100%
OMA S.p.A.
In portfolio | 10/2023
Automotive components
Qualified minority
ITALTEL S.p.A.
In portfolio | 04/2022
I&CT
Qualified minority
Acque Minerali d’Italia S.p.A.
In portfolio | 02/2022
Food & Beverage
Qualified minority
Sisma S.p.A.
In portfolio | 03/2020
Personal, Home & Food Care
50%