Azimut Holding, one of the largest asset managers in Europe, has signed a letter of intent with UniCredit, Italy’s second largest bank, defining essential elements for the distribution of asset management products in Italy.
Azimut is growing its business in the Middle East with two senior hires in their ADGM asset management subsidiary that enable the European asset manager to expand.
Azimut (ME) Limited ADGM, part of Azimut, a leading asset management group, in partnership with Gellify Middle East, an innovation platform, is launching a Mena-focused VC Fund aiming at raising $50 million capital.