Our current strategic investments encompass:
Absolute Return & Multi-manager Solutions
Tages Capital LLP is the group company active in absolute return and multi-manager solutions with AUM over US$2 billion managed on behalf of global institutional investors including insurance companies, SWFs and family offices. The firm manages a range of innovative, absolute return funds and solutions, including both multi-manager portfolios (investing in hedge fund, private credit and impact investments), single strategy hedge and co-investment funds. Through its dedicated seeding and acceleration funds, the firm is a market-leader in providing early stage capital to world-class emerging asset managers.
Tages Capital SGR S.p.A. is the group company which specialises in renewable energy infrastructure investing and is the second largest player in the Italian photovoltaic markets. The firm manages two renewable energy funds (Tages Helios and Tages Helios II) which have invested approximately €1.1 billion in solar plants and utilise an innovative owner-operator model.
VAM Investments is the partner company which provides growth capital and buyout expertise to European small- and mid-cap companies. The firm looks for successful businesses and emerging leaders in highly specialized niches, pursuing both growth and investment opportunities.
Tages led the successful turnaround of Credito Fondiario S.p.A., a banking platform specialising in the management and servicing of distressed debt assets in Italy. Today, post the reorganisation of the Credito Fondiario business, Tages individual shareholders retain a minority stake, in partnership with Elliott Management. Credito Fondiario is now one of the top distressed debt operators in Italy with approximately €51 billion of serviced assets, €815 million of invested capital, and €366 million of equity capital.