Key Takeaways
- • Clessidra Capital Partners Green Harvest has reached €150 million in commitments at its second close, meeting its initial target size with a €200 million hard cap remaining available for additional capital.
- • The fund is classified as an Article 9 fund under SFDR Regulation, incorporating a decarbonization strategy aligned with Science-Based Targets (SBTIs), positioning it within the sustainable investment mandate.
- • Key institutional investors include the European Investment Fund (EIF), part of the European Investment Bank, and Fondo Italiano d'Investimento SGR, demonstrating strong backing from established financial institutions.
- • The fund focuses on Italian agrifood SMEs with a majority stake investment preference, covering the entire value chain including production, processing, distribution, agritech, functional ingredients, and sustainable practices.
- • A final close is targeted for 2026, with investment management led by Andrea Ottaviano (CEO), Emanuele Cuccio, and Marco Guglielminetti, leveraging Clessidra PE's 20+ years of sector experience.
Summary
The Green Harvest fund targets the Italian agrifood small and medium-sized enterprise sector, an area characterized by significant consolidation opportunities and growth potential. The fund employs a majority stake acquisition strategy, positioning portfolio companies for active management and operational improvement. Its investment scope encompasses the full agrifood value chain—from primary production through processing and distribution—as well as adjacent segments including agritech solutions, functional ingredients, and sustainable farming practices.
The fund's institutional quality is reinforced by its Article 9 SFDR classification, reflecting its commitment to sustainable investment principles with a decarbonization strategy aligned with Science-Based Targets (SBTIs). This ESG-focused mandate appeals to institutional investors with strict sustainability requirements. Anchor investors include the European Investment Fund (EIF), the investment arm of the European Investment Bank, alongside Fondo Italiano d'Investimento SGR, signaling endorsement from both supranational and domestic Italian financial institutions.
Investment strategy execution will be directed by Clessidra PE's leadership team, including CEO Andrea Ottaviano and Managing Directors Emanuele Cuccio and Marco Guglielminetti, who bring extensive experience in Italian market transactions. The fund builds upon Clessidra PE's established track record spanning over two decades in the agrifood sector, positioning the firm as an established operator in this specialized investment domain.
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