Francesco is responsible for investments in senior private credit funds specializing in asset-based, senior and/or unitranche financing to SME and mid-market companies across Europe.
The European Investment Fund is a AAA-rated FoF manager whose central mission is to support Europe's micro, small and medium-sized businesses (“SMEs”) by increasing their access to finance. To achieve its mission, EIF designs and develops venture and growth capital, private credit, guarantees, securitization and inclusive finance instruments that specifically target the lower mid-market and generates an appropriate risk adjusted return for its shareholders whilst supporting the broader EU agenda. EIF encourages funds to invest and private investment to ‘crowd in’, to create a sustainable financing ecosystem for Europe’s small business community.
The EIF has been repeatedly voted “Investor of the year, Europe” by readers of Private Debt Investor.
Current senior private credit investment activity is being carried out (i) within our policy-driven Senior Private Credit Programme (https://www.eif.org/InvestEU/equity_products_calls/index.htm) and (ii) through private capital fundraising.
In EIF since 2009, Francesco has been responsible for investments in senior private credit funds since 2015 and a portfolio of c. 80 funds invested so far. He was previously head of EIF's Portfolio Quantitative Analysis and Rating Methodology team.
His overall 25 years' professional experience includes positions in structured credit and risk portfolio modelling at Morgan Stanley and Capitalia.
Francesco has been speaker at several conferences including PDI, SuperInvestor, ALFI Private Assets Conference, AltAssets, Alternative Credit Council and author or co-author of several articles, like EIF’s ‘Institutional non-bank lending and the role of debt funds’, PDI ‘Balancing the market’, PDI ‘Breathing life into ‘sponsor-less’ transactions’.
The investor angle on PA investment - expectations and trends
Head of Private Credit