We don't remember a real estate asset so precious and coveted as to unleash a long battle, with no holds barred, like the one that characterized the last year of management of the Megas Fund, which belongs to Valter Mainetti's Sorgente Group, and is subscribed by the Enasarco pension fund.
Even the sale of the assets of the Fund – the Galleria Alberto Sordi together with a share of the Flatiron are the most important assets – to another vehicle, fund or sicav, still managed by Sorgente, but subscribed by the US Hines group, which allows Enasarco a substantial capital gain and to reduce real estate investments as required by law, seems to become another front of the old war.
It was supposed to be an opportunity that would also favor the closure of the dispute between the manager and the subscriber - already on the table of the investigating judiciary and the sector Authorities - but the operation, albeit already approved by the Enasarco board of directors and at the end of the due diligence, the opposing faction, minority but irreducible, continues to agitate the institution.
Now the perspective is that of turn a profitable conclusion of a business into another chapter of the war declared on Sorgente, two years ago, by former president Brunetto Boco, who intended to transfer to others, in total opacity – as Sorgente herself denounced to the bicameral Commission of social security institutions – the Fund with its important assets.
Now - according to what is learned in circles close to the negotiation - anonymous letters have also appeared which aim above all to discredit the CEO of Sorgente Group, Valter Mainetti for finding an attractive market offer, that of the brick multinational ''Hines'', thus once again stealing the Megas assets from friends of friends.
Already last month an article from ''Il Fatto Quotidiano'' – of which the Sorgente group has denied a large part of the contents, considered defamatory and asking for damages – had published a reconstruction of the facts which questioned Mainetti's credibility with US interlocutors, ignoring however the great esteem that his family enjoys precisely in the real estate circles of that country. As demonstrated by the "iconic" purchases of the US holding company of the Sorgente group: from the Chrysler Building to the Flatiron in New York, to the Clock Tower in Los Angeles.
However – as it turns out – beyond the attacks received, Mainetti, also to give a clear signal of discontinuity with the contrasts of the past, would have decided to resign as CEO of Sorgente Sgr, which manages the Megas Fund.
