Announced
Financials
Sources
Tags
Asset Managers and Custodians
fund management
alternative assets management
Private
Friendly
Italy
Pending
Acquisition
Private Equity
Majority
Single Bidder
Cross Border
Synopsis
Oaktree Capital, a private equity firm, agreed to acquire an 82% stake in Castello, an Italian alternative fund manager focused on real estate, from ISA, a private equity investment and holding firm. Financial terms were not disclosed. “The strong financial resources and professionalism of our two shareholders will allow us to have an international reach and further expand our activities in Italy,” Giampiero Schiavo, Castello CEO.
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