Activities and career of Carlo Michelini, Chief Investment Officer of F2i

Carlo Michelini has an extensive experience in the financial sector, particularly in the investment banking area. On his blog you can find a biography of the manager and the articles about the activities of F2i, the investment fund led by Vito Gamberale.

Carlo Michelini: the main stages of his professional career

Carlo Michelini worked for 16 years in Morgan Stanley, an experience that gave him the opportunity to work in many areas of corporate finance and develop a series of specific skills in infrastructure, public and telecommunication sectors. In 2007 He joined F2i - Fondi Italiani per le Infrastrutture as Senior Partner and Chief Investment Officer. During his professional career He conducted major operations such as the privatization of Enel, the project finance for Api Energia's cogeneration plant and the sale of Wind. His path began in 1991, the year He graduated in Economics in Bocconi University of Milan.

The blog of Carlo Michelini: articles and biography

The blog of Carlo Michelini presents the biography of the manager, Senior Partner of F2i, and news about his activities in the infrastructure fund and about his participations in conferences and lectures. You can find the article of his presence as a speaker at the Forum Banca & Impresa, which was organized by the Group 24 Ore on 9th April. During the roundtable, Carlo Michelini spoke about the long-term investors, highlighting their characteristics and basic requirements. The Chief Investment Officer of F2i also analyzed the different ways of investing in the infrastructure sector: debt financing, infrastructure funds and direct investments. All these methods require more time than the traditional private equity funds.

F2i: history and activities of the fund for investments in infrastructure

Founded in 2007 by Vito Gamberale, F2i is an initiative of Cassa Depositi e Prestiti, banking institutions and foundations and pension funds. The first acquisition, which consisted on 15.7% of Alerion Clean Power S.p.A., dated May 2008, five months after the end of the first closing of the fund (1,55 billions). In 2009 F2i became a shareholder of HFV, Interporto Rivalta Scrivia and Enel Rete Gas: investments for a total of 550 million. In 2010 the fund expanded its activities to the water and airport areas with the acquisition of Mediterranea delle Acque and of a majority stake in GESAC - Aeroporto di Napoli Capodichino. In 2011 F2i fit into the market of telecommunications by acquiring, in partnership with Intesa Sanpaolo, the 100% of Metroweb, leader company for the management of optical fiber in Milan. The same year, with the acquisition of G6 Rete Gas, in partnership with AXA, the fund led by Vito Gamberale obtained approximately the 20% of the market for the distribution of gas. In the following years, F2i acquired shares in SEA, Sagat and TRM - Trattamento Rifiuti Metropolitani. In 2012 a second fund started with a collection target of 1.200 million.

For more information on the activities of Carlo Michelini, Senior Partner and Chief Investment Officer of F2i - Fondi Italiani per le Infrastrutture, visit his official blog.