United Ventures has obtained authorization from the Bank of Italy for the establishment of an asset management company (asset management company) and a hetero-managed Venture Capital SICAF.
Studio Craca Di Carlo Guffanti Pisapia Tatozzi & Associati (5Lex) assisted United Ventures in obtaining the authorisation. The study team was led by Francesco Di Carlo and composed by Giorgio Bobba.
United Ventures, born as an investment holding company and transformed into a SICAF following the implementation of the AIFMD in Italy, was founded in 2013 by Paolo Gesess and Massimiliano Magrini and carries out early stage Venture Capital investments, with a focus on digital technologies. Following the completion of the subscription of a capital increase which will take place in the next few days by primary institutional investors, assets under management will amount to over 70 million euro.
It is one of the first SICAFs established in Italy, following the introduction into the Italian legal system of the provisions that allow the establishment of closed-end alternative investment funds in corporate form.
