CDP Equity Sells Stake in QuattroR

Posted on 09/28/2022

Cassa Depositi e Prestiti (CDP), through the subsidiary CDP Equity (CDPE), sold its entire stake in QuattroR SGR S.p.A. The stake is equal to about 40% of equity. The buyer is the SGR itself. The divestment is in line with the CDP Group’s 2022-2024 Strategic Plan and in particular with the aim of enhancing the portfolio once the set objectives have been achieved. The operation was carried out after obtaining the relevant authorization from the Bank of Italy.

QuattroR is a management company. Incorporated in 2016, it manages a fund of over €700 million(first closing April 2017). QuattroR targets Italian companies with solid business fundamentals in need of resources to develop growth and relaunch strategies. Limited partners of the QuattroR Fund are prominent Italian institutional investors.

On April 5, 2017, QuattroR Fund raised €711 million from Cassa Depositi e Prestiti (anchor investor), Inail, Cassa Nazionale di Previdenza ed Assistenza per gli Ingegneri ed Architetti Liberi Professionisti (Inarcassa), and Cassa Forense.

Get News, People, and Transactions, Delivered to Your Inbox