Credit Opportunities Funds

ACO Umbrella Fund I

The Fund started operations in March 2021. Exclusive advisor of the Fund is Europa Investimenti, which has a consolidated know-how and track-record of investment in the distressed assets sector.

The Fund has a multi-fund and multi-asset structure therefore it has a wide flexibility of investment in credits (of any nature), real estate, financial instruments, securitisations, as well as the possibility of intervening in the area of debt restructuring operations, pre-bankruptcy composition agreements and bankruptcies and in the context of special situations.

The investment strategy is aimed at obtaining a net return for investors of 13% (IRR target) in a total period of 8 years, of which the first three dedicated to investments and the following ones (max 5) to the realization of assets.

ACO Umbrella Fund II

Sagitta SGR has established, promoted, and currently manages the SGT ACO Umbrella (Italy) Fund II, which invests in the Italian market in non-performing loans (NPLs), both secured and unsecured, non-core bank assets, real estate assets, and other goods that can be acquired within the scope of so-called “special situations.”

The exclusive advisor of the Fund is Europa Investimenti, a company with a solid track record and expertise in distressed asset investments.

The Fund has a multi-compartment and multi-asset structure, offering significant investment flexibility in credit (of any type), real estate, financial instruments, securitizations, as well as the opportunity to participate in debt restructuring operations, preventive and bankruptcy agreements, and other special situations.

The investment strategy aims to achieve a net return of 15.63% (IRR target) over an overall period of 8 years, with the first three years dedicated to investments and the subsequent (maximum 5 years) for the realization of the assets.