Press Releases
OPERA 2: first closing finalized
Milan, May 26 2004 – OPERA, the international investment fund investing in goods and services typical of the Italian lifestyle, announces the first closing of OPERA 2 at 90 million Euro.
The Bulgari Group invested 20 million Euro in OPERA 2, mostly investing in companies operating within the made in Italy sectors.
OPERA 2, as well as OPERA established in 2000, was created by Renato Preti and a group of professionals specialized in private equity as well as by the Bulgari Group.
OPERA 2 has the objective to raise 250 million Euro investing more specifically in medium sized companies operating in quality food and wine, fashion and leather goods, jewellery, selective retail, interior design and tourism. Target companies are distinguished by a high growth potential, and excellent product know-how. OPERA 2 has the aim of improving the acquired companies by investing financial resources, as well as by being a strategic partner.
OPERA 2 will rely on qualified international investors and will be managed by Opera Management S.A. - the management company based in Luxembourg which already manages the investments of OPERA - and which is 50% participated by the Bulgari Group.
For further information:
Francesca Zanoni
Tel: +39-06.688 10 594