Equita Group — Capital/Financing Update 2021

Sep 28, 2021

Informazione Regolamentata n. 20115-35-2021		Data/Ora Ricezione 28 Settembre 2021 08:29:31	MTA - Star
Societa'	:	EQUITA GROUP
Identificativo Informazione Regolamentata	:	152247
Nome utilizzatore	: EQUITAGROUPN04 - Graziotto
Tipologia	:	REGEM
Data/Ora Ricezione	:	28 Settembre 2021 08:29:31
Data/Ora Inizio Diffusione presunta	:	28 Settembre 2021 08:35:03
Oggetto	:	Equita Private Debt Fund II reaches Euro 178.5 million of total commitments and moves toward the Euro 200 million target
Testo del comunicato

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EQUITA PRIVATE DEBT FUND II REACHES EURO 178.5 MILLION OF TOTAL COMMITMENTS AND MOVES TOWARD THE EURO 200 MILLION TARGET

• NEW INVESTORS INCLUDE ENPAM AND INARCASSA
• THE TEAM CONTINUES ITS CAPITAL DEPLOYMENT AND BRINGS THE TOTAL NUMBER OF INVESTMENTS TO FIVE

Milan, 28th September 2021

Equita, the leading Italian independent investment bank, today announced the completion of a new fundraising phase for its second private debt fund Equita Private Debt Fund II (the "Fund" or "EPD II"), the Italian PIR alternative closed-end fund managed by Equita Capital SGR.

The new phase of EPD II's fundraising involved four new investors that have invested Euro 47 million in total between April and September 2021. The Fund has now reached Euro 178.5 million and is approaching its Euro 200 million target announced at the start of fundraising, with a hard cap of Euro 250 million.

New investors include leading Italian pension funds such as ENPAM and Inarcassa. These institutions have joined the commitments of other important investors like Fondo Italiano d'Investimento, the European Investment Fund, a leading Italian life insurance company and another major Italian pension fund.

Andrea Vismara, Chief Executive Officer at Equita, commented: "This successful closing confirms the attractiveness of EPD II to investors including pension funds and insurance companies. Our objective is to build long-lasting relationships with this kind of institutions, which are recurring investors in the asset class".

Paolo Pendenza, Head of private debt at Equita Capital SGR, commented: "Compared to our first private debt fund launched in 2016, EPD II is much larger in size and has a wider and more diversified investors' base. This round of fundraising proves that the market really appreciates our skills and track-record".

Equita has also continued its deal sourcing and investment activities. During the summer, the team successfully completed another investment, further accelerating the capital deployment of EPD II and achieving important benefits in terms of returns for investors, in line with the expected gross return of 10% per annum. The total amount of invested capital has now reached Euro 57 million in five different investments (32% of current EPD II's total commitments).

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Equita Group Investor Relations – Andrea Graziotto ir@equita.eu

Close to Media Adriana Liguori adriana.liguori@closetomedia.it

FinElk Teresa Wincrantz equita@finelk.eu

Equita, the leading Italian independent investment bank, has been offering its expertise and insight on financial markets to professional investors, corporates and institutions for more than 45 years. The holding Equita Group, listed on the "STAR" segment of the Italian Stock Exchange, counts its managers and professionals among shareholders (with approximately 54% of the share capital) and this ensures a strong alignment of interests with investors. With its global markets activities, today Equita is the leading independent broker in Italy that offers to its institutional clients brokerage services on equities, fixed income, derivatives and ETFs. Moreover, thanks to the continuous engagement of the award winning research team – acknowledged for its top quality research – the trading floor supports investors' decisions with valuable analyses and investment ideas on Italian and European financial markets. Equita also leverages on a unique investment banking platform that combines independent strategic advice with unparalleled access to capital markets. The wide offering proposed includes advisory services in M&A, other extraordinary financial transactions, along with equity and fixed income capital raising solutions. Our aim is to best serve all clients, from large industrial groups to small and medium enterprises, from financial institutions to the public sector. Lastly, Equita Capital SGR offers to institutional investors and banking groups its asset management competences and its deep understanding of financial markets, especially in mid and small caps. The strong focus on alternative assets like private debt and the asset management strategies based on distinctive areas of expertise of the Group make Equita Capital SGR the best partner for both investors looking for interesting returns and banking groups that would like to co-develop new products for their retail networks.