The Italian Association of private equity and venture capital has published the data regarding the investments undertaken during the first six months of the year. The President Giampio Bracchi, together with the Director Anna Gervasoni, have underlined how the results are positive, beyond the expectations and above all considering the moment of financing contingency not very happy.

As far as early stage investments are concerned, 40 operations have been registered for a total value of 52 million Euro, which means an average above one million per each operation. This data represents a growth of 35% with respect to the same period in 2007.

Another interesting data that came out from the analysis of the first six months performed by Pricewaterhouse coopers regards the financing sources the funds have used to collect capitals: ranking firsts, with percentages from 23,8% to 18,2%, we respectively find the industrial groups and the individual investors who have overstepped by importance the institutional investors such as banks (19,7%), banking and academic foundations (9,2%), public sector (7,6%), funds of funds (7,6%), insurances 6,4%), pension funds (3,6%).  

It has also been underlined how the investment operations performed by funds having completed the collect and that will be finalised during the period of the actual financial crisis have potentials of positive return even if the duration of the operations, because of the difficulty of the way-out, will probably be longer with respect to the past and therefore the returns will result positive and diluted.