Equita, an independent Italian investment bank, has held an additional closing of Equita Private Debt Fund II (EPD II), the PIR compliant Italian closed-end fund managed by Equita Capital SGR.
The new phase of EPD II’s fundraising closed with EUR31.5 million of commitments and involved four institutional investors, including a leading Italian insurance company and a major domestic pension fund. New investors’ commitments added to the EUR100 million raised in September 2020, allowing Equita to confirm EPD II’s target of EUR200 million (EUR250 million hard cap).
Andrea Vismara, Chief Executive Officer at Equita, says: “We are pleased that additional outstanding investors, including a major pension fund, have chosen to invest in our initiative, taking us closer to our set target of Euro 200 million.”
Read more at Private Equity Wire
