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Benetton Family Forms €3bn Private Capital Platform
Summary by Private Equity Wire
2 Articles
2 Articles
Benetton family forms €3bn private capital platform
The Italian Benetton family has merged its private capital arm 21 Invest with Milan-based Tages to create a new €3bn platform, 21 Next, as part of a plan to scale its assets to €10bn within five years, according to a report by the Financial Times. Edizione, the family’s holding company, will control the combined group. Alessandro Benetton will chair 21 Next, with Tages co-founder Panfilo Tarantelli appointed chief executive. Edizione is committi…
The private equity 21 Invest company will come closer to the Tages Capital infrastructure manager to form a new private asset management platform under the aegis of Edizione, a holding company owned by the famous Trevisan industrial family.
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