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Anthilia Capital Partners SGR has obtained a capital increase subscribed by Banco Desio e della Brianza SpA

June 2022 — On 4 November 2021, an investment agreement was entered into between Banco Desio e della Brianza SpA, Anthilia Capital Partners SGR, and its parent company Anthilia Holding S.r.l., concerning the entry of Banco Desio into the share capital of Anthilia. On 29 June 2022, in execution of the investment agreement, Banco Desio subscribed and paid up the share capital increase resolved by the SGR and reserved for subscription to Banco Desio for approximately US$4.6 million.

Anthilia Capital Partners is an independent Italian company operating in the private capital and asset management sector. With assets under management exceeding US$1.6 billion, Anthilia manages open and closed investment funds, individual absolute return mandates and alternative ELTIFs and ISAs, and provides investment advice. Through the industrial and financial partnership with the bank, Anthilia enriches and consolidates its commitment to growth. The entry of Banco Desio into the capital of Anthilia offers further solidity and expertise to the SGR’s activities, supporting the current managerial team that has led Anthilia’s growth and development to date.

Banco Desio has a distribution network of over 230 branches across northern and central Italy. In the asset management and bancassurance sector, it operates through distribution agreements with primary national and international counterparties. In addition, in compliance with the aforementioned investment agreement, the SGR today issued and assigned warrants to Banco Desio – convertible to ordinary shares of the SGR subject to Banco Desio achieving certain sales objectives by 2024 – which could allow it to increase its equity investment to a stake equal to 30% of the share capital of the SGR. This partnership with Anthilia aims to enhance the bank’s services to both SMEs and individuals, in close collaboration with its business and wealth management divisions, by providing its customers with services and products which fall within Anthilia’s recognized expertise.

Our role in the transaction

Oaklins’ team in Italy acted as the exclusive financial advisor to Anthilia in this transaction.

Parties

Talk to the deal team

Goffredo Frisina

Managing Director
Milan, Italy
Oaklins Italy

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