Mittel and Roland Berger Strategy Consultants signed an agreement to raise a private equity turnaround fund.
Rexelera has a final target of €300m, which will be raised among financial institutions, foundations, pension funds, fondi pensioni and other Italian and foreigner investors.
The fund will focus on making equity investments in Italian companies, mainly manufacturing businesses, with a turnover ranging from €150m and €1,5bn, with sound development prospects, which are in a period of temporary crisis and are in need to restructure their debt or their financial sources, via strategic or business model changes.
FinSMEs
22/04/2013