21 Invest Lancia il Primo Fondo Healthcare con Closing da 70 mln
Deal News | Nov 21, 2024 | Finance Community IT - 3 Private Equity
21 Invest, an investment group founded by Alessandro Benetton, has launched the 21 Invest Healthcare fund, marking its first foray into the healthcare sector. The fund achieved a first closing of €70 million, aiming for a maximum of €150 million. It is classified as an impact investment fund under the EU's SFDR Article 9, and focuses on innovative healthcare, wellness, and wellbeing sectors. The fund plans to invest in high-growth companies in Italy and Europe, with each investment averaging between €10 and €15 million. Key investors include Fondo Italiano and European Investment Fund, and a skilled team led by partners Stefania Petruccioli, Alessandro Damiano, Fabio Parisi, and principal Michele Fodde. The launch signifies 21 Invest's strategic expansion into healthcare, leveraging past successes in the medical and pharmaceutical fields.
Sectors
- Private Equity
- Healthcare and Wellness
Geography
- Italy – 21 Invest is based in Italy and plans to invest in Italian healthcare companies.
- Europe – The fund aims to invest in European companies, and key investors are European entities.
Industry
- Private Equity – 21 Invest is a private equity firm, and the article discusses its new healthcare fund.
- Healthcare and Wellness – The fund focuses on investment in healthcare, wellness, and wellbeing sectors.
Financials
- €70 million – First closing amount of the 21 Invest Healthcare fund.
- €150 million – Target maximum fund size for the 21 Invest Healthcare fund.
- €10 to €15 million – Average investment size (ticket) for each operation in the fund.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| 21 Invest | Private Equity Firm | Company | An investment group founded by Alessandro Benetton, with offices in Italy, France, and Poland. |
| Alessandro Benetton | Founder and Chairman | Person | The founder and president of 21 Invest, involved in the launch of the healthcare fund. |
| Fondo Italiano | Investor | Company | An institutional investor supporting the 21 Invest Healthcare fund. |
| European Investment Fund | Investor | Company | A European investor involved in the initial close of 21 Invest's healthcare fund. |
| PLG | Portfolio Company | Company | A French company with past successful investments by 21 Invest. |
| SIFI | Portfolio Company | Company | An Italian company with successful 21 Invest involvement, known for their product approval by EMA. |