We specialise in managing alternative investment funds.
iCCT Fund - illimity Credit & Corporate Turnaround Fund
Operational from April 2021, the illimity Credit & Corporate Turnaround fund has as main objective the investment in unlikely-to-pay loans, equity instruments and semi-equity towards Italian SMEs in financial imbalance but with solid prospects of recovery.
The fund, single-component, issues different classes of shares, in particular: Credit Shares, typically signed by banks and leasing companies, and released against the assignment of claims; Quote of Finance, subscribed by professional investors and released through cash payments, also aimed at supporting turnaround programs of target companies.
> 40
Companies in the portfolio
~2,0Mld
Total turnover of portfolio companies
~10.000
Employees involved
By sector
By geography
Portfolio
iREC Fund - illimity Real Estate Credit Fund
The illimity Real Estate Credit fund, operational from August 2022, was created on the joint initiative of illimity SGR and illimity Bank, and is mainly aimed at the market of impaired loans backed by real estate insurances, both UTPs and NPLs, secured by real estate, as well as those secured by equity, semi-equity and real estate assets.
Leveraging on the distinctive and synergistic expertise of illimity SGR and ARECneprix, the fund provides participating banks and leasing companies with the opportunity (i) to obtain full assignment of the exposure, (ii) to completely derecognise the assigned receivables and (iii) to benefit from a professional, proactive and highly specialised management of impaired loans secured by real estate assets.
By sector
By geography
illimity Società di Gestione del Risparmio S.p.A. | Headquarters: 9 Via Soperga - 20124 - Milan Share capital €1,000,000.00 fully paid in.
Enrolled in the Milan Business Register - Economic Registry (REA) no.: MI 2567666 - Tax no. 10936730968 - Participating company in the “illimity” VAT Group VAT Number 12020720962. Enrolled in SGR register ex art. 35 TUF - sezione gestori di FIA n. 183.
Sole shareholder company in the illimity Bank S.p.A. Group, enrolled in the Register of Banking Groups with no. 245.
Company subject to management and coordination by illimity Bank S.p.A.