ACCADEMIA SGR SpA
The Company Accademia SGR SpA is an asset-management company specialized in real estate funds, combining the international experience accumulated in real estate and the asset management business generated by Banca del Sempione SA in over forty years. Providing asset management services through a real estate fund allows the Banca del Sempione SA Group to enhance its range of products and services.
The Mission Accademia SGR SpA has inherited the Group’s attention to the needs of the individual. In fund management, this means forging tools designed for use by a restricted number of qualified investors. The Accademia SGR SpA mission is to give investors maximum transparency in the management of their funds. As a result, investors have the opportunity to participate in highly attractive real estate initiatives. Said tools are directly managed by the company, with the advice of real estate industry experts, and give investors the comfort of the guarantees afforded by the control structure, under Italian law.
Real Estate Funds In 2009, Accademia SGR SpA acquired an investment fund already managed by another company, bringing the number of funds managed to four and increasing assets under management to Eur 266 millions. During the year the Bank further strengthened its organisation, adapting it to its growing operating needs, and in early 2010 it moved its headquarters to offices more suitable for hosting its staff. Accademia SGR SpA mainly deals in the following types of funds: Real Estate: real estate assets, real estate rights, and/or equity investments in real estate companies; Closed-End: the fund regulations set the timetable and procedures for investing in shares and their duration; the investor has the option of early redemption of the shares only through a specific resolution by the SGR’s board of directors; Reserved: investment is restricted to certain “qualified investors”, defined in the fund’s regulations in the framework of Italian law. This type of fund allows for the initial identification of the investors and exemptions from investment diversification standards prescribed by the Bank of Italy for most mutual funds.
Investing In Our Funds The real estate funds are an ideal tool for transforming savings into a real fruitful and safe investment, far from securities market fluctuations because of value growth over time and sizable returns. Since these funds are reserved for “qualified investors”, they are allowed to maintain a higher investment concentration, a feature that makes them similar to a personal inheritance and not an anonymous mutual investment fund.
