The joint venture invests in companies which operate in a number of Made in Italy sectors: food and food distribution, fashion and luxury goods, furniture and design, leisure, tourism and lifestyle.
CDP Equity investment and objective
The objective of the joint venture, based in Milan, is to provide greater capital to Italian companies operating in the Made in Italy sector for the purpose of encouraging the consolidation of Italian brands.
The company is founded with an initial € 300 mln.
CDP Equity and Qatar Holding have disclosed that they are willing to endow the company with a total of up to € 2 bn (up to € 1 bn from each shareholder).