Our project

Established at the beginning of 2020, Anima Alternative obtained in July 2020 from the Bank of Italy the authorization to operate asset management services. In December 2020 Consob gave the go-ahead to the marketing of its first direct lending AIF.

The creation of Anima Alternative is a decisive step in our process of business diversification. It will strengthen the capabilities of ANIMA group in offering tailored solutions to institutional investors.

In a long term low interest rates environment, private markets are actually an area of ​​great significance to respond to the growing search for alternative sources of return. The area complements the market segments already covered by the ANIMA group.

The first closing of the direct lending fund Anima Alternative 1 was arranged in January 2021. In the future, Anima Alternative will leverage on the ANIMA Group infrastructure to launch other private debt funds or products specialized in other private market segments.

Banks are structurally reducing their exposure to corporate customers. This trend opens up large market spaces for direct lending operators, especially catering the medium / long-term financing needs of Italian SMEs. Through its first fund, Anima Alternative supports companies with long-term financing, sustaining them in their growth path on the domestic and international markets.

Our investments target Italian companies, mainly small and medium-sized (less than 250 employees and turnover inferior to €50 million or total assets under €43 million) or towards mid-caps (less than 3,000 employees and €500 million of turnover).

One of the distinctive features of Anima Alternative 1 is being able to invest with maximum flexibility both through debt instruments (loan or bond) and minority equity.

Our investment targets are selected on a fundamental analysis, combined with the strategic evaluation of their industrial project. Analyzing target companies' ESG (Environment, Social, Governance) policies is an integral part of the investment process.

As a member of the ANIMA Group, Anima Alternative has joined since its creation the UNPRI .