Cavalli owner hires Rothschild to find minority partner

Reuters API
today Oct 16, 2018
Download the article
Click here to print
Text size
aA+ aA-

Private equity Clessidra has hired Rothschild to look into the option of finding a minority partner for fashion group Roberto Cavalli to help fund growth, two sources familiar with the matter said on Monday, confirming earlier press reports.

Roberto Cavalli - Spring-Summer2019 - Womenswear - Milan - © PixelFormula

Clessidra owns 90 percent of Roberto Cavalli through the vehicle Varenne.
Rothschild declined to comment.

In September a Clessidra manager said the fund had no plans to leave Cavalli capital.

© Thomson Reuters 2019 All rights reserved.