The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
Eurofinleading ( 1AF2 )
Are Ceresio Investors !
Ceresio was founded 1958 in Lugano and is a Swiss private bank with its core activities including asset management, private banking, and investment fund business, particularly in hedge funds. The banking family Foglia wholly owns Banca del Ceresio.
The founders of the Bank are the brothers Gianbattista and Alberto Foglia, who continued the banking tradition of their father, Antonio Foglia. Antonio Foglia was the president of the Milan Stock Exchange in the post-war years.
Banca del Ceresio is considered the first hedge fund specialist in Switzerland. The Bank is working in this field since the early 1960s and since then has a close relationship with George Soros. The Foglia’s are represented as Board Members in George Soros Quantum Fund.
Banca del Ceresio is represented in Italy by Ceresio SIM, established in 2006, which provides securities dealing and private banking services. Two other companies based in Italy are Global Selection SGR, specialized in the management of Fund of Hedge Funds and Eurofinleading, a fiduciary company.
In 1999 Banca del Ceresio acquired Belgrave Capital Management. Belgrave is a London based investment manager, and through Belgrave, Banca del Ceresio is expanding its manager research and asset management capabilities.
Philosophy and Strategy
Banca del Ceresio’s investment philosophy is focused on the client’s best interest, emphasizing conservative values of prudence, liquidity, and excellence in professional skills. The Bank is also avoiding conflict of interest. The focus is on understanding the client’s situation, needs and wishes to determine the appropriate degree of liquidity and risk for each portfolio.
The philosophy of the Group is to select and research individual talents and not select investment strategies.
Services and Solutions
Banca del Ceresio Group is specialized in private banking and asset management services for private and institutional clients.
Private Banking
Banca del Ceresio’s superior performance is achieved with an investment approach that combines in-house expertise with the talent of external money managers. The equity and equity-like portions of the client’s portfolios are outsourced to external managers.
The Bank offers:
• Discretionary portfolio management
• Advisory and execution services
• Family office support and advice
Asset Management
Asset management is offered through discretionary managed portfolios.
Capital preservation is achieved through short-term deposits and government securities diversified by currencies. This approach is the defensive portion of the portfolio and has no significant exposure to duration and credit risk.
The aggressive portion of the portfolio is outsourced to some of the best performing and most talented independent money managers in the world. Therefore, Banca del Ceresio has substantial exposure to non-traditional investment, like hedge funds.
To identify the best talent
What’s still to come !
1- Storm Harbour update - Storm Harbour's open funding placing is progressing and expected completion imminently. €300M initially mentioned for 1st tranche but likely to be more based on the wording of the previous RNS which mentioned €1.9 Bln to be securitised as of 30th November.
2- 242 companies initiated from 2 Italian banks (from July 27th RNS - SYME is now developing the Self-Funding model with two leading Italian Banks and is targeting a first Agreement during Q4 2020).
3- Middle East Pilot - expected to be €300M to be monetised for the “pilot”.
4- UK, funding term sheet already done and UK funding partner to be announced - €500M to be monetised for the “pilot”.
5 - US pilot underway - who knows what level this will generate !
6 - EPIC / SIM initiating 50 companies per month.
7 - Global Funding partner with minimum €8Bln guaranteed to Supply@Me. Funder in the process of buying a new challenger captive bank to fund the monetisation of Syme’s on-boarded companies. Obviously the funder makes out of the deal and will fund whatever amount is required as the whole platform is scalable.
The link with iMass and Mubadala for a Sharia compliant area
€ 7. 5 Bln monetised @ 1.2% is £90million ... times a P/E of say 40 equals 3.6 billion...dividend by 32 billion equals 11p per share minimum.
Although new captive bank profit is 1.5% so this will probably increase the above anticipated share price. Haven’t even mention expected growth PEG.
WOW WOW WOW !
Suggest you buy immediately lol.
https://dl.bourse.lu/dl?v=TWXJSDzY3Eg19fZeGxmkKR2Qk0ngavJ/go9cPuhiYEZUTdjDs5kSq9258J9H2Op4ZODrZKm6TbzgMtiRYW/NkM8fQ8wdbgIdlY0Lm4jiJJFl+MBKBWUrkake+7vR2XKIRUDuoh6SrLlvPnEktUA/KG5/L/oDNyOwwN0g8dJYtU0=
WOW WOW WOW !
Suggest you buy immediately lol.
https://dl.bourse.lu/dl?v=TWXJSDzY3Eg19fZeGxmkKR2Qk0ngavJ/go9cPuhiYEZUTdjDs5kSq9258J9H2Op4ZODrZKm6TbzgMtiRYW/NkM8fQ8wdbgIdlY0Lm4jiJJFl+MBKBWUrkake+7vR2XKIRUDuoh6SrLlvPnEktUA/KG5/L/oDNyOwwN0g8dJYtU0=
SYME NEWS COMINGToday 18:48
What’s still to come
1. Open Funding securitisation transaction.
2. Inventory Funder name.
3. UK pilot and funder.
4. UAE / Sharia compliant funder.
5. US pilot update.
6. In Transit model (freight and insurance).
£370k purchase at close today
Happy Christmas
What’s still to come
1. Open Funding securitisation transaction.
2. Inventory Funder name.
3. UK pilot and funder.
4. UAE / Sharia compliant funder.
5. US pilot update.
6. In Transit model (freight and insurance).
£370k purchase at close today
Happy Christmas ??
THE QUADRIVIO GROUP
The Quadrivio Group is a major player in the alternative investment landscape. With over 20 years of experience in Private Equity, it has collected and managed over 2 billion euros from institutional investors, family offices and high net worth individuals, both Italian and foreign. In 2018, the group launched two uniquely themed private equity funds, the “Made in Italy Fund” and the “Industry 4.0 Fund”, with the goal of investing half a billion euros. The Group has offices in Milan, London, Luxembourg, New York and London.
Look where their offices are located ! New York, London, Luxembourg and Milano.
Forward planning !
Strong Buy
Quadrivo / Made in ItalyToday 13:14
An excerpt from Alessandro Binello's speech at the conference -Made in Italy: The Restart-, the online event organized by Il Sole 24 Ore and the Financial Times. The Quadrivio Group CEO highlighted the need, even more urgent in this post-pandemic scenario, to invest in the best Italian companies, in order to transform them into national champions capable of competing on a global scale. In support of this thesis, he recounted the experience of Mohd, the subsidiary of the Made in Italy Fund active in the Design sector, deepening its development and internationalization strategies.
Roberto Crapelli, Managing Partner Quadrivio Group, among the speakers of the Transformation Capital conference: from Private Equity to Positive Equity, to talk about Capital and Business Evolution. In his speech, the Manager, one of the promoters of the Industry 4.0 Fund together with Alessandro Binello and Walter Ricciotti, analyzes how strategies in private equity are changing, highlighting the role of capital, intended as a trigger from which to start the change of business model and transform supply chains into digital platforms.
Industry 4.0 Fund invests in companies that are doing well, applying emerging technologies to traditional sectors. This occurs thanks to new business models, in order to capture the EBITDA of other players in the supply chain through disintermediation.
An excerpt from Alessandro Binello's speech at the conference -Made in Italy: The Restart-, the online event organized by Il Sole 24 Ore and the Financial Times. The Quadrivio Group CEO highlighted the need, even more urgent in this post-pandemic scenario, to invest in the best Italian companies, in order to transform them into national champions capable of competing on a global scale. In support of this thesis, he recounted the experience of Mohd, the subsidiary of the Made in Italy Fund active in the Design sector, deepening its development and internationalization strategies.
Roberto Crapelli, Managing Partner Quadrivio Group, among the speakers of the Transformation Capital conference: from Private Equity to Positive Equity, to talk about Capital and Business Evolution. In his speech, the Manager, one of the promoters of the Industry 4.0 Fund together with Alessandro Binello and Walter Ricciotti, analyzes how strategies in private equity are changing, highlighting the role of capital, intended as a trigger from which to start the change of business model and transform supply chains into digital platforms.
Industry 4.0 Fund invests in companies that are doing well, applying emerging technologies to traditional sectors. This occurs thanks to new business models, in order to capture the EBITDA of other players in the supply chain through disintermediation.
Financial Partner’s Made In Italy Fund.
Intesa Sanpaolo involves too lol
https://group.intesasanpaolo.com/en/newsroom/news/all-news/2020/supply-chain-gucci-made-in-italy
With the prospect of freight delays, Covid lockdowns etc SYME are now positioned perfectly to capture more business to keep companies afloat though these terrible times. The recent RNS advised they are looking at an “in transit” model too so this is also going to generate cash as well as the insurance aspect also mentioned. Looking forward to a great year end and maybe a wee Christmas present too from AZ. GLA all.
What’s coming shortly.
1- Storm Harbour update - Storm Harbour's placing is progressing and expected completion imminently. €300M initially mentioned for 1st tranche but likely to be more based on the wording of the previous RNS which mentioned €1.9 Bln to be securitised as of 30th November. Plus IM companies still coming in monthly.
2- 242 companies initiated from 2 Italian banks (from July 27th RNS - SYME is now developing the Self-Funding model with two leading Italian Banks and is targeting a first Agreement during Q4 2020).
3- Middle East Pilot - expected to be €300M to be monetised for the “pilot”.
4- UK, funding term sheet already done and UK funding partner to be announced - €500M to be monetised for the “pilot”.
5 - US pilot underway - who knows what level this will generate !
6 - EPIC / SIM initiating 50 companies per month.
7 - Global Funding partner with minimum €8Bln guaranteed to Supply@Me. Funder in the process of buying a new challenger captive bank to fund the monetisation of Syme’s on-boarded companies. Obviously the funder makes out of the deal and will fund whatever amount is required as the whole platform is scalable.
The link with iMass and Mubadala for a Sharia compliant area
€ 7. 5 Bln monetised @ 1.2% is £90million ... times a P/E of say 40 equals 3.6 billion...dividend by 32 billion equals 11p per share minimum.
Although new captive bank profit is 1.5% so this will probably increase the above anticipated share price. Haven’t even mention expected growth PEG.