HLD EUROPE ACCELERATES ON ITS INTERNATIONAL EXPANSION STRATEGY AND STRENGHTENS ITS PRESENCE ON THE ITALIAN MARKET WITH THE ARRIVAL OF ALESSANDRO PAPETTI AS PARTNER TO LEAD THE ITALIAN OPERATIONS.
HLD Europe today announced a new step of its internationalization and expansion strategy with the strengthening of its presence on the Italian market and the arrival of Alessandro Papetti as partner in charge of HLD’s Italian operations. Alessandro Papetti will join the existing Italian resources bringing to HLD his 25 years experience on the Italian private equity market.
The HLD Group is taking one more step along its growth process started in 2010 upon the farsighted intuition of Jean-Philippe Hecketsweiler, Jean-Bernard Lafonta and Philippe Donnet to create an innovative investment structure «made by entrepreneurs for entrepreneurs».
After eight years of successful transactions in France, after creating HLD Europe in 2015 as the platform for the international expansion, after the first investment in Italy 12 months ago and following a significant increase in the resources under management and in the size of the investment realized in the past 18 months, HLD is now confirming its expansion strategy in Europe with the strengthening of its Italian operations.
The HLD Milan office will see the arrival of Alessandro Papetti, 52, an alumni of Bocconi University with 25 years of experience on the Italian private equity market and former long-time partner of Clessidra SGR, which he contributed to found in 2003 and then to become the largest Italian private equity country fund, with raised funds totaling €2.5bn.
Among his latest achievements Alessandro also contributed to raise last April the €110mln spac Gabelli Value for Italy together with the well-known and reputed US based NYSE listed asset manager Gamco, where he will hold the role of promoter and non-executive director for the next few months.