Wealth & Finance International - Fund Awards 2016

www.wealthandfinance-intl.com 35 Best Venture Capital Firm - Italy & Best New Healthcare VC Fund: Principia III - Health Principia SGR is a market leader in the Italian venture and growth capital market, a field in which it has been operating for more than 10 years. We profile the firm and explore how it came to achieve industry leading success. Company: Principia SGR Address: Via Pietro Mascagni, 20 Milano, MI 20122 Italy Phone: +39 02 36589750 Fax: +39 02 36589779 Email: [email protected] Website: http://www.principiasgr.it/ Established in 2002, Principia currently manages three investment funds; Principia Fund, Principia II and Principia III - Health. The firm’s latest fund, Principia III - Health, is the first Italian Fund Venture Capital and Growth Capital specifically aimed at the Healthcare sector. Principia III - Health acquires both majority shareholdings that qualified minority in target companies with high innovation content, including start-ups, spin-off industrial and academic, companies in expanding and SMEs. The main aim of Principia III - Health is to con- tribute to the development of a sector that in Italy suffers from shortages financial support, although it is characterized by the presence of very high skills - and internationally recognized - quality. The firm’s more established product, Principia Fund, is a generalist fund dedicated to investments in innovative companies were born thanks to the academic or industrial research. The fund, which is currently undergoing decommissioning of the investment portfolio, has made several investments and divestments and has, to date, one entry, Banzai Spa, recently managed by the Italian Stock Exchange. Principia Fund has become the protagonist of one of the most important exit of the history of the Italian Venture Capital, with the sale of EOS Spa in Clovis INC. in 2013. Finally, Principia II is dedicated to innovative companies located in the areas of central and southern Italy. The Fund’s investments are focused on the process or product innovations using digital technology. Today the fund is fully invested and has a portfolio of around 20 companies, including DoveConviene who has just concluded one of the most im- portant B-round to an Italian start-up, collecting more than 5 € / million. Principia’s investment approach is defined by the firm’s believe that the commitment of the management is an essential and often a key factor of success of the operation. As such the firm supports the company and entrepreneurs by providing not only financial skills. In addition, the firm support the most promising start-ups in their growth, with the aim of them becoming successful businesses. This dedication is what sets the firm apart from its competitors. CEO Antonio Falcone manages the funds and the asset management company. In investing he is assisted by Paolo D. Siviero, Stefania Petruccioli, Alessandro Damiano, Alessia Rigoni, Piero Angelone, Mi- chele Fodde and Adriana Piccitto. Completing the team for administra- tive tasks are Stefano Ronchi CFO, Silvia Mossali, Giacomo Francesconi and Giada La Micela as an Office Manager, as well as Marketing Manag- er Eleonora Granata. Looking to the future, the firm has plans to launch another fund, Prin- cipia IV, which will be, focused on fashion and design, with an expected 120 and 150 million Euros in investment set to be collected by the fund, primarily through start-ups and SMEs. LA16015