Anima sgr: the role of Grieco, the aims of Caltagirone, the names of Poste

20 March 20231 year ago babelfish

All the latest news in view of the Anima sgr shareholders' meeting scheduled for March 21st. Facts, names, rumors and insights

Countdown to the Anima sgr shareholders' meeting scheduled in Milan on Tuesday 21 March. The shareholders of the asset management company, in addition to approving the 2022 financial statements and the distribution of the dividend, are called to renew the board of directors and the board of statutory auditors for the years 2023-2025. And among the lists that will compete for the top there is also one made up of an unprecedented couple, Poste Italiane and Francesco Gaetano Caltagirone.

THE LISTS IN VICE FOR SOUL

As can be seen from a press release issued by the asset management company, the first list competing for the new board, filed by Banco Bpm (which has 20.26% of the capital), is led by Patrizia Grieco, indicated as chairman, and sees inside the current managing director, Alessandro Melzi d'Eril, and then Gianfranco Venuti, Giovanna Torricelli, Giovanna Zanotti.

The second list is instead the one presented by Poste Italiane (11%) which has entered into a " shareholder agreement " (text from the press release) with the Caltagirone group (14.2% the total share of the agreement between the shareholders) and is made up of Maria Cristina Vismara, Fabio Corsico and Maria Annunziata.

The third list is presented by FSI Holding and indicates Marco Tugnolo as candidate director. The fourth, the one presented by the investment funds representing 3.16% of the capital, is made up of Francesco Valsecchi, Paolo Braghieri and Karen Nahum.

THE ROLE OF PATRIZIA GRECO

The attention of many financial analysts with an eye also to the Roman economic buildings is focused on Patrizia Grieco, until a few days ago MPS president and for many months now in contact with Francesco Gaetano Caltagirone. The presence of Grieco in the list causes some insiders to turn up their noses due to the commercial distribution agreements between Mps and Anima: a circumstance – this is the reasoning among some insiders – which would require at least a cooling-off period between the two roles.

Della Grieco, however, did not escape the scathing declarations against the council lists, although on this issue Assonime, of which Grieco is in turn president, expressed a much more nuanced position. Statements that many have read as a very interested support for Caltagirone at the time of its (ruinous) battle over Generali. But Grieco, as mentioned, heads the list presented by Banco Bpm.

THE NAMES ON THE LIST OF POST OFFICE-CALTAGIRONE

But who are the three candidates in the running for Poste and Caltagirone ?

Maria Cristina Vismara, born on 1 June 1968 in Bollate, in the province of Milan, has been a member of the Council and Municipal Administration of the Municipality of Gorlago, in the province of Bergamo, since 2019, elected on the Lega lists. A graduate in business economics, she was previously general secretary of the Azzanelli Cedrelli Celati Foundation for Children's Health, a philanthropic organization located in Bergamo.

Far better known is Fabio Corsico from Turin, with a degree in classical studies and a master's degree in Political Science, director of External Relations, Institutional Affairs and Development of the Caltagirone Group since 2005. For the Caltagirone company, he also deals with the regulatory part of the company and follows industrial and financial investments. He is a director of Cementir Holding, Il Gazzettino, Terna and Europe Assistance and a member of the International Advisory Board of Afiniti and a member of the Advisory Board of Fremantle. Corsico is currently also full professor of Family Management at the Luiss Business School and director of the Masters in Family Business Management at Luiss. Since 2009 Corsico has also been senior advisor to Credit Suisse AG ( just saved by the Swiss national bank to be bought by UBS ) and senior advisor to Tikehau Capital, Paris.

In the past, among other positions, he was head of the technical secretariat of Minister Giulio Tremonti at the Mef (2001), director of the Crt Foundation, of Avio (2009-2010), of Biverbanca and Consum. it (2008-2012), of Alleanza Assicurazioni (2009-2011), of Alleanza Toro Assicurazioni (2011-2013), of NTV Italo (2016-2018).

Thanks to LinkedIn, we also know something about Maria Annunziata, an administrative lawyer with membership in the Salerno Bar Association since 20 March 1991 and in the Cassation Register since 2003. Since 2002 she has been responsible for the training events organized by the National Bar Council and the Council of the Order of Lawyers of Salerno in the field of administrative law.

Annunziata, we read, “has gained significant experience in the field of public procurement; management of public goods; health law; labor law; telecommunications; of town planning; construction; of expropriations; of renewable energies”; moreover, he "gives habitual assistance in administrative disputes before the competent Judicial Authorities (TAR, Council of State, Court of Cassation, Public Waters Tribunal, Court of Auditors, Labor Judge) and in the context of administrative proceedings before the Administrative Authorities".

In the curriculum also a collaboration with the magazine "Le Corti Salernitane" – Quarterly of jurisprudence, doctrine and legislation (University of Salerno – Department of Business and Labor Law), the position of legal consultant of the ASL Salerno/3 (2000 -2008), that of legal consultant of various Municipalities of the Province of Salerno and Avellino and that of sub commissioner of the ASL Salerno. Member of the Committee of Delegates of the National Insurance Fund and Forensic Assistance and also a member of the board of Cassa Forense.

SOUL AND THE ACQUISITION OF CASTELLO SGR

The great interest of Caltagirone in Anima could have been conveyed – the rumors of Piazza Affari remark – the latest operation of the sgr or the participation in Castello sgr, very strong in real estate. A few days ago the news that Anima Holding signed a binding contract for the acquisition of 80% of the capital of Castello Sgr for 60 million. The funds managed by Oaktree Capital Management, the current majority shareholder of the company that promotes and manages mainly real estate alternative investment products, will maintain the remaining 20% of the capital and a representation on the Castello board. The current CEO, Giampiero Schiavo, will also keep the job. In a note we read that "in partnership with Oaktree Anima intends to grow Castello's existing platform in the alternatives market and consolidate its role on the domestic market both organically and with strategic growth operations for external lines".

With this agreement, according to Melzi d'Eril, “Anima begins a path of growth in the world of alternative investments with a project similar to the one that gave rise to the group in 2009 and which at the time had assets of 20 billion which became over 177 at the time. end of 2022”. In an interview with Class CNBC, as reported by Ansa , the CEO of Anima recalled that "following the dividend and the Castello operation we will have around 350 million euros in cash".

The sgr, he said again, “has great financial and liquidity generating capabilities, I believe that our path can continue by looking at any further opportunities that may arise. We are very attentive to this, we only make transactions when they are in the best interests of the company and the stakeholders and we do not have any kind of urgency". With regard to Castello Sgr, he then noted that "it was born with 300 million in assets and today manages around 4 billion" and therefore "has a very complementary DNA to our vision of things". With this acquisition, he added, "we are going to cover the world of real estate, credit, which we had already entered, and renewable energies, which are the sectors we have most in mind".

This is a machine translation from Italian language of a post published on Start Magazine at the URL https://www.startmag.it/economia/anima-assemblea-azionisti-caltagirone/ on Mon, 20 Mar 2023 06:09:43 +0000.