15 June, Mark Up
The article published on Repubblica with the title “From the great beauty to real estate” provides an exhaustive profile of an investor that has kept away from the limelight. Bonafede writes on Repubblica: “Gwm, which counts among its founders the Rome aristocrat Sigieri Diaz Della Vittoria Pallavicini, is an independent investment company spanning from wealth management to fund and asset management, from corporate governance (with Sodali, the leading company for this sector) to renewable energy”.
Today, Gmw manages total assets for 6 billion euro. Besides, it operates through a joint venture with Pimco, one of the biggest global investment management companies founded in 1971, to increase the liquidity to invest in the retail and office segments.
Gmw has recently made its debut in the retail segment, with a budget of at least one billion euro. The biggest transaction completed so far is the one to acquire Centro Sicilia, one of the biggest shopping centres in southern Italy and one of the most beautiful (especially the interiors). The other transactions are the acquisition of Market Da Vinci in Roma Fiumicino and the 4% of IGD SIIQ. Finally, in 2017 the company bought 30% of Amundi Sgr, a company listed since 2015 and the leading European asset manager with global asset under management for over 1,000 billion euro.
Source: Mark Up
Translator: Cristina Ambrosi