ifil

Agnelli family’s new holding company ready for debut

February 23, 2009

The new holding company of Italy’s Agnelli family is to begin trading on 1 March 2009. Exor, which is the entity created by the merger of IFI and IFIL, is to be listed on the Italian stock exchange.

IFI is the family’s current financial holding company that in turn owns IFIL, the investment vehicle that controls a diverse range of interests including a 30% stake in automaker Fiat, a 72% stake in real estate firm Cushman & Wakefield and 60% of football club Juventus. Ultimate holding company Giovanni Agnelli e Cie owns 100% of IFI and 73% of IFIL.

IFIL ushers in next Agnelli generation

May 14, 2008

John Elkann, the great great-grandson of the Fiat founder Giovanni Agnelli, has been appointed as chairman of IFIL, the Agnelli family-controlled investment company.

After the company's annual general meeting of stockholders in Turin, outgoing chairman Gianluigi Gabetti and the newly elected IFIL board of directors met to rubber stamp Elkann's appointment and usher in the next generation of the dynasty.

Family investment company invests in fund of hedge funds company

February 21, 2008

The investment company behind one of Italy’s most powerful families is to invest in one of Asia’s leading alternative investment managers.

The investment company behind one of Italy's most powerful families is to invest in one of Asia's leading alternative investment managers. IFIL, controlled by the Agnelli family, will invest $90 million in Vision Investment Management, one of the largest Asia-based fund of hedge fund managers.