BNP Paribas to act as depositary for new FII SGR PE fund in Italy

BNP Paribas Securities Services has been selected by Fondo Italiano d’Investimento SGR (FII SGR) to provide depositary banking services to its Fondo Italiano di Minoranze per la Crescita, a new private equity fund dedicated to minority investing. FII SGR was created in 2010 at the initiative of the Italian Ministry of Economy and Finance and with the participation of CDP Equity, Intesa Sanpaolo, Unicredit, Abi and Confindustria. The fund was launched in May 2020 and aims to support the growth of Italian small and medium-sized companies. The fund has a target of EUR400m.

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