Anima Alternative Completes €100 Million Closing for Third Fund
Funding | Jun 16, 2025 | Finance Community IT - 3 Private Equity
Anima Alternative sgr, part of the Anima Group, has completed the first closing of its alternative fund, Anima Alternative Growth, securing commitments of €100 million. The fund aims to invest in hybrid capital instruments like mezzanine debt, PIYC financing, preferred equity, and minority stakes targeting SMEs primarily in Italy and the eurozone. This marks Anima's third alternative fund launch in four years, targeting fundraising between €150 to €200 million. Anima's strategy follows Article 8 of SFDR regulations, prioritizing investments with positive ESG impacts. Their first fund saw successful returns with over 11% IRR, and the second fund raised €196 million with a 10% IRR. Investment Director Philippe Minard emphasizes the growing demand for flexible financing in Italy, underscoring potential market opportunities.
Sectors
- Private Equity
- Financial Services
Geography
- Italy – Anima Alternative sgr is part of the Anima Group, which operates primarily in Italy, and the new fund targets Italian SMEs.
- Eurozone – The fund also targets SMEs within the broader Eurozone, highlighting its geographical investment strategy across these regions.
Industry
- Private Equity – The article discusses the activities of Anima Alternative sgr, which operates in the private equity sector, focusing on alternative investments in hybrid capital.
- Financial Services – Anima Group's alternative funds involve banking activities and financial investments, indicating its presence in the financial services industry.
Financials
- €100 million – The amount secured in commitments during the first closing of Anima Alternative Growth.
- €150 to €200 million – The target total fundraising goal for Anima Alternative Growth.
- €196 million – The closing amount for Anima Alternative 2, which focused on senior debt strategies.
- 11% – The internal rate of return (IRR) realized by Anima Alternative 1.
- 10% – The internal rate of return (IRR) realized for Anima Alternative 2.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Anima Alternative sgr | Target | Company | An investment management company launched by the Anima Group to invest in private market alternative assets. |
| Philippe Minard | Investment Director | Person | Director of Investments at Anima Alternative sgr, responsible for outlining the fund's strategy and market opportunities. |
| Anima Group | Parent Company | Company | The parent company that launched Anima Alternative sgr and supports its activities in the private capital sector. |