Azimut, an Italy’s independent asset manager, agreed to acquire fintech and alternative finance business of Epic, a real economy marketplace, specializing in minibonds, direct lending, private equity and club deals. Azimut will hold a 50.1% stake while 49.9% will be owned by Epic. Financial terms are not disclosed. “This task requires method, specialization and quick responses. In Italy we have over EUR 3 trillion of private managed assets that will increase its share of investments in the real economy, also thanks to technologies and professionals who follow the best investment analysis standards. The strong growth figures for 2020 confirm the maturity of Italian fintech, cooperating well with the world of traditional finance, and guaranteeing immediate and simple solutions. The strategic partnership between Azimut and Epic fits right into this context," Andrea Crovetto, Epic CEO.