Currently our Group (Sorgente Group Alternative Investment - USA) is present in many international markets with a 3-holding structure, independently operating in various countries of the world. Those that belong to the holding are: Sorgente Group SpA (Italy), Sorgente Group of America (USA), Sorgente Lux Holding Sarl (Luxembourg).
From 2001 the Group has launched 40 real-estate funds (as of 30st June 2017). The overall value of the assets managed by our funds is over 5,8 Bn euros, with more than 800 employees hired since 2000. There are 70 real-estate, financial and service companies located in Italy, France, Switzerland, UK, Luxembourg, USA and Brazil with offices in Rome, Milan, New York, Luxembourg and London.
The Group Companies are able to indentify investments in various countries and to structure the best vehicles (funds, Special Purpose Vehicle and Limited Partnership, SIIQ, SICAV and SICAF); as well as manage third parties investments, they can invest directly in the different vehicles, structure and participate in partnerships, joint-venture and club deals.
The Italian holding, Sorgente Group SpA, has headquarters in Rome and operates in different fields such as: finance, fund-management, real estate, restoration infrastructure, hotel and clinic, communication and publishing. It owns 2 fund-management companies named Sorgente SGR and Quorum SGR, a service company named Sorgente REM, a company listed on the Italian Stock Exchange called Nova Re SIIQ SpA and a subsidiary publishing company called Musa Comunicazione, which owns the newspaper Il Foglio. We aim at expanding the range of products and at increasing the number of Funds by strengthening investments in trophy buildings, performing and non-performing loans, infrastructure and renewable energy while Nova Re SIIQ aims at becoming a leading company among other Italian real-estate investment trusts.
Sorgente Group of America Corporation is the American holding that manages the Group’s transactions in USA and Brazil. It owns Michelangelo Real-Estate Corporation (MREC), a company dealing with assets’ presale, Sorgente Asset Management, which deals with building acquisition and restoration, with a particular observance of environmental sustainability (Greene Street and 60 White Street in New York ). The Group aims at expanding its collection of “Iconic Buildings” targeting cities like New York, Los Angeles and Chicago.
Main Source SA is located in Luxembourg and manages the Historic and Trophy Buildings Fund (HTBF), which comprises multiple sub-funds and focuses on the enhancement of iconic buildings’ collections. Today, Main Source SA is active in both the financial and the fund-management sector, with a particular focus on iconic assets.
The Sorgente Group Foundation, constituted in 2007 is a no-profit institution focused on the preservation of the Italian artistic heritage, through the acquisition of works of art to return them to Italy. It promotes their value with exhibitions and cultural events, in collaboration with museums and with the publication of scientific books, involving scholars from the academic world.
Valter Mainetti
Cavaliere del Lavoro (Order of Merit for Labour)
Main Shareholder, President, CEO of Sorgente Group
President of the Sorgente Group Foundation
Professor ad honorem at the University of Parma, Faculty of Economics
Rome, January 2018
