Press Releases

Equita expands its Investment Banking business and strengthen its FIG team with senior appointment. Alessandro Fustinoni joins as Managing Director

Alessandro Fustinoni joins the team as Managing Director to further consolidate the Group's position as leading independent advisor to financial institutions

 

Milan, 29 September 2022

Equita, the leading independent Italian investment bank (“Equita” or the “Group”), continues to grow its investment banking division by expanding the advisory team dedicated to financial institutions (“Financial Institutions Group” or “FIG”).

Equita FIG team 2022

The FIG team, established in 2010, is today the leading independent advisor in Italy, assisting financial institutions pursuing consolidation in the banking industry and promotion of strategic projects for Italy.

In the past five years the team has acted with senior roles in more than 20 deals and advised clients on more than €17 billion worth of transactions [1], placing Equita among the top 3 advisors in Italy.

Over the years Equita has assisted an increasing number of leading financial institutions in Italy, achieving significant improvement of its market share.

The FIG team has recently advised a number of renowned institutions, including Generali in its tender offer for Cattolica shares; Poste Vita in the tender offer for Net Insurance shares; Intesa Sanpaolo in the tender offer for UBI Banca shares; Crédit Agricole Italia in the tender offers for Credito Valtellinese and CA FriulAdria shares; AMCO in the purchase of an NPL portfolio from MPS; Mediocredito Centrale in the acquisition of BP Bari; Carige in the takeover launched by BPER Banca, Civibank in the takeover launched by Sparkasse and Banca Consulia in the sale of the company to Banca Finint.

Since 2021, the FIG team has accelerated its growth thanks to the direct involvement of Fabrizio Viola as senior advisor – who recently also joined the Equita Group Shareholders’ Agreement, the latter previously signed by other senior managers of the Group. Then, since September 2022, the team has further expanded its expertise with the addition of Alessandro Fustinoni as Managing Director. Fustinoni has a deep understanding of the investment banking industry thanks to almost twenty years of experience at Rothschild & Co Italia, where he served on the M&A FIG Team and advised on over forty key mandates in the country. Fustinoni, together with Edoardo Achilli (Director) and the other members of the FIG team, will boost the Group’s existing network relationships and abilities to best serve clients.

The increase in the number of professionals in the FIG team is aligned to the Investment Banking division’s growth targets, as set out in the three-year business plan for the unit. The Investment Banking division has continued to outperform the market in 2022, with first-half year results up 35% year-on-year, and the Group’s commitment is pointing to scale up its senior team, setup new partnerships across Italy and diversify the offering, also enhancing verticals where Equita already has an established position

 


[1] Source: Mergermarket, ranking 2017-2022 YTD, Italy on Italy transactions.

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