Paris-based Tikehau Capital has appointed Ignazio Rocco di Torrepadula senior advisor at Tikehau Capital Italy.
Luca Bucelli, who joined the firm in Paris in 2014, will relocate to the new offices of Tikehau Capital in Milan.
Prior to joining Tikehau, Di Torrepadula was the leader of the Financial Institution practice in Central Europe and a senior adviser at The Boston Consulting Group.
Di Torrepadula and Bucelli will work closely with Jean-Pierre Mustier, who joined Tikehau Capital as partner earlier this year from UniCredit, where he was Deputy General Manager in charge of the Corporate & Investment Banking (CIB) Division and a member of the Executive Management Committee.
One of the largest groups in Italy, UniCredit is also a shareholder of Tikehau, alongside Amundi and Credit Mutuel Arkea.
“Through its minority equity investments, direct lending, real estate and liquid funds, Tikehau Capital is aiming to address the increased demand for new asset classes from individuals to institutional investors, including high net worth private banking clients, pension funds and insurance companies – seeking to diversify their asset allocation in an environment of ultra-low interest rates,” the French asset manager said.
Tikehau has a track record in developing and offering direct lending solutions to corporate borrowers through its €355m French-SMEs targeting Novo Fund.
“It will seek to replicate this success in Italy, where there is a growing need to provide alternative financing channels for the SMEs segment.
“This is in line with what the Italian Government is pursuing through Cassa Depositi e Prestiti,” the company statement concluded.