On May 16, 2024, in Milan, Algebris Investments — through its GreenTransition Fund — announced its equity investment in OpenEconomics.
Algebris bets on digital economic innovation
The deal includes both a share purchase from existing shareholders and acapital increase aimed at funding the development of new technologicalsolutions and accelerating the company’s growth.
The shared goal is to build Italy’s leading player in sustainableinvestment analysis, by combining:
- Advanced economic expertise
- Innovative digital platforms
- Machine learning and generative AI technologie
Luca Valerio Camerano, Senior Partner and Managing Director at Algebris, highlighted the strategic role of companies like OpenEconomics in supporting businesses and institutions in meeting the new requirements of the EU Corporate Sustainability Reporting Directive (CSRD).
An Opportunity forTechnology, Talent, and Market Expansion
As stated by OpenEconomics co-founders Gianluca Calvosa and RaffaeleNardone, the entry of Algebris represents:
- A strong validation of the entrepreneurial project
- A unique opportunity to boost the development of advanced economic models, talent, and technology
- A lever to expand the client base in target markets, thanks to the global vision and strategic capabilities of the fund
This operation strengthens OpenEconomics’ positioning in the Italian andinternational landscape of finance for the green transition.
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