Intesa Sanpaolo establishes the First Private Debt Fund for Smes

In a complex yet decisive phase for the country's competitiveness, in order to enhance the development of SMEs and Mid Cap through innovative financial solutions that support the real economy and sustainable transition processes, the Intesa Sanpaolo Group has launched its first Private Debt Fund.

The fund, set up by Eurizon Capital Real Asset, has the initial goal of raising EUR 150M from institutional investors and includes a direct shareholding of the Bank.

The project is among the initiatives of the 2022-2025 Business Plan of the Group and involves various divisions including the IMI Corporate & Investment Banking Division, which can count on a dedicated structure to support extraordinary and discontinuity operations of Mid Cap and SME clients of the Banca dei Territori Division.

In particular, the Fund will raise resources to be invested up to 50% in corporate clients of the Banca dei Territori Division, co-lending on transactions structured by the IMI Corporate & Investment Banking Division, and the remainder in market transactions according to Eurizon Capital Real Asset's typical co-investment model, as well as direct investments up to a maximum of 10% of the Fund’s total amount.

Eurizon Capital Real Asset will be responsible for the selection, analysis, approval, and monitoring of the investments that will become part of the Fund.

Read the Press Release.