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Equity growth fund: eur 100 mln for trentino companies

The Crescita Equity Fund is the new project promoted by Cassa del Trentino SpA and is envisaged as a new financial tool for Trentino companies aimed at encouraging the productive recovery and growth of local businesses.
The tool, which aims to raise resources from both institutional and private investors, starts from a base of at least EUR 20 million of provincial resources, with the aim of raising about EUR 100 million.
The first step of the institution is the selection procedure of the asset management company that will manage the Crescita Equity Fund. The call is expected to close in the summer, while the Fund is expected to be operational by 2021.