Last updated 13 May 2020, by Impactyield.
Developed countries (203) / More developed regions (202) / Western Europe (42) / Italy (2)
Oltre Venture is a venture capital company, which since 2006 has been investing in social enterprises bringing capital, managerial and financial skills together with the aim of achieving a positive social impact for Italian communities and at least the preservation of investor capital.. Oltre Venture is a Partnerships Limited by Shares with its unlimited partner Oltre Gestioni s.r.l., run by Luciano Balbo. Oltre Venture has a fund structure defined through the shareholders’ agreements.
The investment portfolio is diversified, innovative with some emblematic investments which are now seen as first movers to be repeated. The most part of portfolio is now reaching the financial sustainability generating social and economical value. Oltre Venture is an attractive centre for social sustainable projects and it has become a reference brand. Annually Oltre Venture assesses more than 100 projects in the social field. Oltre Venture is a venture capital company, which since 2006 has been investing in social enterprises bringing capitals, managerial skills and knowledge within the social area. The purpose of Oltre Venture investments is to combine two effects : return on capital over the long term besides social and economic value for the community.
Oltre Venture operates according to the venture capital model, we invest in the risk (equity) capital of the enterprises, this is the most powerful means to support the innovation and the start-up of enterprises. Oltre Venture’s model is a combination of financial resources, skills, proactive approach and entrepreneurship.
The portfolio is focused on 4 main investments, representing the 72 % of the total portfolio. The portfolio allocation is strongly overbalanced due to the small amount of resources available that did not allow an equal distribution. So far Oltre Venture has consciously chosen a deep experimental approach. Some of the smallest investments, mostly in the health sector, are to be seen as steps of Oltre Venture’s learning path. In 2012 we will implement our first exit strategies, selling small investments to controlling partners of the company. It can be estimated that the value of portfolio (in spite of discounting experimental choices and initial mistakes) is at the same level as the initial capital of investors.
of track record
the year funded
Equal rights to ownership basic services technology and economic resources
Safe and affordable housing
Universal access to sexual and reproductive care, family planning and education
Double the improvement in energy efficiency
Expand and upgrade energy services for developing countries
Full employment and decent work with equal pay
Increase access to financial services and markets
Key performance indicators
Asset manager: Oltre Gestioni
Product track record: Fund has 17 years of track record
Target IRR: 5%
Committed Capital: 8,000,000 EUR (Euro)
Target return category: Below risk-adjusted market-rate of return
Fund domicile: Italy
Product status: Open - post first close
Style/Stage: Seed Stage
Inception year: 2006
Vintage year: 2007
Target region: Developed countries, Italy, More developed regions, Western Europe
Target close date: n.a.
Product term: n.a.
Assets under management: 15,000,000 EUR (Euro)
Investment size: Min: 0; Max: 0; Avg: 0
Co-investment policy: LPs do not have priority, With LPs and non-LPs
Currency of investments: EUR (Euro)
Currency for fund / product figures: EUR (Euro)
Fund investments to date: 18
Fund investments to date exited or repaid: 7
Management fee: 2%
Carried interest: n.a.
Hurdle rate: n.a.
GIIN Investors' Council Investment: No
Limited Partners / Investors: FM - Social Investment s.r.l. Impresa sociale; Eurofinleading fiduciaria spa, Mais s.p.a., Fondazione Cassa di Risparmio di Torino , Cleops s.r.l., De Agostini s.p.a., Balbo Luciano, Euromobiliare Fiduciaria s.p.a., Ghirardi Marta, Tetrafin s.p.a., Fondazione Exodus, Casalegno Riccardo, Zanon di Valgiurata Lucio Igino, Faro s.r.l., Fondazione De Benedetti - Cherasco 1547 Onlus, Antonetto Massimo, Micheli Associati , GISEI srl, Marsiletti Carlo Alberto, Alpi Maria Cristina, Alpi Raffaella
Limited Partner / Investor Type: Retail Investors
Phone number: 390245496412.00
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Many social needs are in a grey area, in the gap between the private and public market and to be solved they require skills and models coming from both sides. Our initiatives aim at experimenting with new supply models able to combine good quality and affordable prices, particularly in those sectors where public availability is not sufficient or is absent. Our proposals are to be seen as an effort to develop examples that could positively affect the public supply of services and to allow the saving of public resources that can be addressed to the solution of worst social problems.
Besides the social objectives, the economical sustainability is the most important requirement that must be fulfilled by the projects we invest in. Oltre Venture invests in enterprises which fulfill the necessities of the community pursuing a balanced, sustainable and not only financial development. We do not provide grants, but investments and for this reason the economic sustainability ensures the success of the investments on the long term, thus the possibility that the projects positively impact the community for a longer time.
Community Investing/LocalHealth careLaborMinorities/Previously Excluded PopulationsOther