Our governance meets international and domestic best practices. Our governance model sets out a Board of Directors with a broad representation of independent members and people of high standing with significant and complementary experience and skills.
The Board of Directors is tasked with the strategic supervision and management of the asset management firm. The professional experience and standing of the directors are distinctive and defining features of our governance. Board composition is designed to balance executive and non-executive roles to ensure the complete independence of the company in its collective asset management business.
Vice - Chair
Managing Director - UTP & Turnaround Funds Area
Managing Director - Administration, Finance and Control
Managing Director - NPL Small Medium Tickets Funds Area
Managing Director - Private Capital Area
For each Alternative Investment Fund managed by the Company, the Board of Directors decides to create an Investment Committee with a structure defined from time to time also in agreement with the management regulations and characteristics of the respective Alternative Investment Funds.
The Investment Committee is a technical and advisory body to which, in the governance of the investment process and management of the Alternative Investment Funds, tasks of analysis and preliminary investigation of decisions within the competence of the Board of Directors of the Investment Management Company are typically assigned.
Chairperson of the Board of Statutory Auditors
illimity SGR's organisational structure sets out an internal control system based on Compliance and AML, Risk Management and Internal Audit. The control functions are autonomous and independent of the company's business functions, reporting directly to the Boards of Directors and Statutory Auditors. The SGR has adopted an Organizational, Management, and Control Model and appointed a Supervisory Body pursuant to D. Lgs. 231/2001 [whose responsibility is entrusted to the Board of Statutory Auditors].
KPMG S.p.A. has been appointed as the external auditor for the firm’s accounts and the reporting/accounts of the AIFs.
illimity Società di Gestione del Risparmio S.p.A. | Headquarters: 9 Via Soperga - 20124 - Milan Share capital €1,000,000.00 fully paid in.
Enrolled in the Milan Business Register - Economic Registry (REA) no.: MI 2567666 - Tax no. 10936730968 - Participating company in the “illimity” VAT Group VAT Number 12020720962. Enrolled in SGR register ex art. 35 TUF - sezione gestori di FIA n. 183.
Sole shareholder company in the illimity Bank S.p.A. Group, enrolled in the Register of Banking Groups with no. 245.
Company subject to management and coordination by illimity Bank S.p.A.