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Tamburi Investment Partners Wraps Up Fundraising Initiative

Forty big name families in Italy raised 100 million euros in capital for a group of promising companies eyeing initial public offerings in the next five years.

FUNDRAISING OVER: Tamburi Investment Partners SpA, or TIP, has closed the fundraising initiative it began a few months ago through its new Tipo branch, according to a report published Monday in the Corriere della Sera’s financial pages. Forty big name families in Italian industry raised 100 million euros in capital, or about $136 million at current exchange, for a group of promising medium-sized Italian companies eyeing initial public offerings in the next five years, such as biotech firm AAA. The Marzotto and Loro Piana clans were among the participants listed, and their involvement is viewed as a vote of confidence for the up-and-comers. Other names linked to the project are Oscar Farinetti of Eataly and Remo Ruffini of Moncler.

In 2013, TIP invested in Ruffini’s holding company, Ruffini Partecipazioni, thereby indirectly buying a stake in Moncler, which entered the stock market at the end of last year.

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