Sorgente Sgr: Extraordinary rule closed

ViPiĆ¹ - Vera Informazione
The Palazzo del Triton in Rome – the headquarters of the Sorgen Group

After the sale of a business unit containing 17 real estate funds to Castello Sgr – the Bank of Italy announced the closure of Sorgente SGR’s extraordinary administration – it is now part of Sorgente Group Italia. Supervisory bodies have not imposed any sanctions on Sorgente Sgr due to extraordinary administrative procedures.He writes Mourizio Cannone, director of the monitor Agent Press.

Nicola de Foggia, a Chartered Accountant with extensive experience in the commercial, tax and corporate sectors, is the new Chairman of the Board of Directors. In addition, he holds positions on asset management companies, as well as on the Board of Directors Elizabeth Magini, President of ANCE Roma Giovanni, and other important Italian companies, both public and private. The Board of Statutory Auditors is chaired by Professor Galdino Acrogliano.

Walter Minnety, President of the Sorgen Group Foundation
Walter Minnety, President of the Sorgen Group Foundation

As reported by MonitorimmobiliareThe Sorgente Group, founded by Valter Mainetti, has historically focused on finance, real estate, restoration, infrastructure and publishing, reorganizing its operations with a focus on clean energy and energy efficiency.Canon adds.

In the field of alternative investments such as energy and the circular economy, the Group has already launched a series of over 500 ventures in the United States, Canada, Sorgente Asset Management and Sorgente SEIN (see ViPiu.it) in Italy. Million euros. The Group’s new strategy will be based on its Irish investment management platform, Sorgen’s Global Investments (see VPUIT), and is active in real estate, which operates as a joint venture under Irish law.ICAV).

The leverage set up by ICAV will be used by the Group in reference to foreign investors. Sorgente has years of experience as an asset manager at United States, where he will manage a growing portfolio of iconic properties through a dedicated fund that will be created in conjunction with US partners by a larger fund, according to rumors circulating in financial circles. $ 1 billion, with the goal of combining the unique features of properties with strong historical and artistic value with opportunities offered by the latest technologies.

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To the Polynnia Company – Mauricio Canon concludes –Thanks to a structured agreement with Castello Sgr, the property, facility and project management services of over 20 real estate funds, valued at 1 billion, will be entrusted. According to Monitorimmobiliare, the company currently operates a pipeline of interventions across the national territory, implementing over 110 million euros worth of private condominiums in line with the 110% superbone.“.

The activities of the Sorgen Group Foundation are a treasure trove of masterpieces coveted and curated by Walter and Paulo Minetti, as well as symbolizing the integration of culture and business.

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