Anima Holding, an Italian asset manager, will start canvassing investor interest in its initial public offering as soon as next week, two people with knowledge of the matter said.
Anima, owned by private equity firm Clessidra SGR SpA, may seek to be valued at about 1.5 billion euros ($2 billion), said one of the people, who asked not to be identified because the talks are private. About 55 percent of the Milan-based company will be sold to investors, the people said. Marketing may begin as soon as March 17, they said.
Goldman Sachs Group Inc. (GS), Intesa Sanpaolo SpA’s Banca IMI and UniCredit SpA are managing the sale along with UBS AG (UBSN), according to a Feb. 17 statement. Anima Chief Executive Officer Marco Carreri said on March 11 he didn’t “rule out” the IPO could come as soon as April. The executive also said he will consider takeovers to build a bigger network through which to sell its products after the IPO, though he has yet to identify a target.
A spokesman for Anima in Milan declined to comment on the IPO. Officials at Clessidra didn’t immediately return a telephone call seeking comment.
Anima reported net income of 120 million euros in 2013, up from 43 million euros in the previous year. The firm had about 48 billion euros under management at the end of last month, according to a company presentation.
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