DeA Capital Alternative Funds closes Taste of Italy 2 fundraising at EUR 330 million
6 November 2020
Milan, 6 November 2020
Taste of Italy 2, an Italian fund specialized in the food & beverage sector managed by DeA Capital Alternative Funds SGR, closed funding at EUR 330 million, exceeding the initial target of EUR 300 million, and thus becoming the main European fund specialized in this sector.
The second fund significantly increases the capital available for new investments from the initial EUR 218 million of Taste of Italy to the EUR 330 million of Taste of Italy 2, and expands the geographical scope, with the aim to invest up to 30% abroad, especially in the Iberian Peninsula, a territory rich in companies in the reference sector. For this purpose, a second office was opened in Madrid, managed by two established local professionals.