News

SPACE CAPITAL CLUB NEW EURO 200 MLN PRIVATE CAPITAL INVESTMENT PLATFORM SPONSORED BY SPACE HOLDING

Milan, 30 September 2019 - Space Holding S.r.l. ("Space Holding") launches "Space Capital Club" ("SCC"), a new initiative targeting to invest in private companies with a base capital availability of Euro 200 million raised from a number of by qualified investors.

The initiative targets outstanding companies in Italy and abroad with strong growth potential, an international platform and interested to engage in due course with the capital markets, led by entrepreneurs and management teams who expect to benefit from fresh capital resources and the Space team experience.

The SCC Board of Directors is chaired by Sergio Erede and includes the senior partners Roberto Italia, Carlo Pagliani and Edoardo Subert, all founders of Space Holding.

SCC will benefit from the contribution of sector specialists with deep industry expertise such as Francesco Caio - technology and digital - Leopoldo Zambeletti - pharma and healthcare - and Fabio Buttignon, who has significant experience as advisor to numerous families in the running of their businesses.

The Space team, which also includes Space Holding partners Alfredo Ambrosio and Laura Selvi together with Elisabetta Cugnasca and Tommaso Gino, subscribed for an 8% interest of the capital of SCC and will be responsible for the scouting, screening, assessment and execution of SCC investments.

SCC investor base include 30 qualified investors including well-known Italian entrepreneurial families, family offices and institutional investors, among which Arca Fondi SGR, whose participation paves the way to an innovative investment strategy within the Italian pension fund community, and First Capital Group.

The Board of Directors will be advised in its decision-making process by an Investment Committee chaired by Francesco Caio and composed of other four members of the Space team as well as five representatives appointed by the largest shareholders, including Arca Fondi SGR.

With a commitment period of three years and an equity ticket per single investment of ranging from Euro 30 to Euro 100million, SCC aims to provide target companies with the financial resources and the intellectual capital required to foster the ability of market-oriented entrepreneurs and management teams to pursue ambitious growth strategies.

Since 2013, Space team has deployed over Euro 1 billion in public equity through the promotion of four SPACs which took four industry leading companies public on the STAR segment of Borsa Italiana (Milan Stock Exchange).

 

Space Holding contacts
Elisabetta Cugnasca
Investor Relations & Communication Director
02 8343 7612
elisabetta.cugnasca@spaceholding.it