SpesX is the first open-ended fund of FIEE SGR, with an investment focus on energy transition.

History

SpesX has been launched in 2023. The portfolio manager is FIEE SGR, one of the leading pan-European private equity funds focused on Energy Transition.

As such, SpesX will be able to leverage on the experienced management team with a strong track record in the sector and apply deep PE-style fundamental value analysis to generate returns.

Luca Moro, CIO of SpesX, was a Senior Investment Manager at FIEE, up until the launch of the SpesX.

Strategy

SpesX is a global Energy Transition fund that seeks to generate absolute, low double digit, returns.

We employ a deep fundamental investment approach to identify opportunities where we can actively unlock value and generate idiosyncratic returns, while limiting correlation and focusing on capital preservation.

The Fund is actively managed investing via long and short positions, based on the assessment of relative value opportunities between climate advantaged and disadvantaged companies.

The Fund will dynamically allocate across four strategies: Fundamental Value, Cross Capital Structure, Soft Catalyst and Hard Catalyst.

The information contained in this website is addressed to professional investors only.

The information contained in this website is produced by FIEE SGR and is intended solely for information purposes. It is not and is not intended to be an offer, recommendation or solicitation by any member of FIEE SGR to provide any investment advice or service or to purchase or sell any financial instrument. It is not linked to or it is not intended to be the foundation of any contract or commitment. The information contained hereto aims to inform the subscriber by providing information on the Fund supplemental to the one appearing in the offering documentation of the Fund (contained in this page under the section denominated “Fund Documents “).
Before subscribing for an offer of, each potential client shall obtain and review the documents provided for by the applicable laws and regulations in force from time to time, document to be carefully read by the client before making any investment choice and no subscription should be based solely on the information disclosed in this page.

The material provided on this site is presented as of the date shown and “as is “. FIEE SGR regularly updates the contents of this webpage. FIEE SGR relieves itself from any responsibility concerning mistakes or omissions and shall not be considered responsible in case of possible damages or losses related to the improper use of the information herein provided. FIEE SGR does not expressly or impliedly warrant the accuracy of the information provided on this site and expressly disclaims any warranties of fitness of this website for any particular purpose. The material and information presented in this webpage is based upon information that FIEE SGR considered reliable, but no representation on their accuracy, completeness, validity or timely is made and it should not be relied on as such for any particular purpose.

It is recommended to look over the regulation, available on the section “Fund Documents” in this webpage. The client should carefully read the KID, which must be delivered before subscribing the investment (if applicable), and the prospectus available on this website.
Prices expressed in a currency other than the base currency of the portfolio are available for information purposes only.

The list of all local agents is available into the Fund prospectus.