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