Ersel has teamed up with Fondaco SGR to create a new private equity fund aimed at institutional investors in Italy. The new fund, designed specifically to Fondaco's institutional clients but also enabling selected and exclusive access to some private clients of Ersel, seeks to provide investors with a solid and well diversified tool for access to unlisted equity. Ersel, founded in 1936, was the first mutual investment fund management company to be authorised in Italy in 1983. Italian asset management company Fondaco SGR, which was set up in 2002, looks after around €15bn of assets...
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