Primo Capital SGR S.p.A., formerly known as Primo Ventures, has undergone a rebranding to reflect its expanded investment strategy.
The firm, which initially focused on digital technologies, has now diversified its investment approach to include healthcare, climate technologies, and the space economy.
This shift towards a more diversified investment approach is particularly evident in private equity and venture capital.
Primo Capital has launched the Primo Health fund, targeting €120 million to invest in small and medium-sized enterprises in the healthcare sector.
This fund adheres to sustainable development principles and aims to capitalize on the growth opportunities in the healthcare sector.
The fund has already received backing from prominent investors such as the European Investment Fund, the Italian Investment Fund, and the ENPAM Foundation.
Primo Capital is committed to innovation and social responsibility, with a focus on achieving ambitious ESG goals.
The firm has signed up to the Principles for Responsible Investment and plans to publish its first ESG report in 2024.
The involvement of reputable investors and organizations in the Primo Health fund highlights the strategic importance of this initiative.
Primo Capital aims to solidify its position as a leading platform for technology investments in Italy, with a particular focus on the healthcare sector.
The firm is well-equipped to navigate the evolving investment landscape and deliver value to its investors while contributing to the economic development of Italy.