Il Sole24Ore – Don’t blow an engine of economic growth

“Mr Minoli, former CEO of Ducati, says private equity put the roar back into the iconic motorcycle business. 

Ducati inspires positive emotions that few companies can match, least of all those involved in finance. But behind the glorious roar of the world’s most beautiful motorbikes lies private equity, the power that reinvigorated Ducati from a business that had lost its way into one of Italy’s proudest exports today.  It’s important that new legislation being discussed in Brussels takes account benefits private equity has brought to companies like Ducati.

In a climate of economic uncertainty and restricted capital, Italian business needs better access to finance, dynamism and responsible ownership. Private equity, which has €114 billion to invest, has a unique ability to deliver this combination, like Texas Pacific Group, a leading global private equity firm, did in its turnaround of Ducati”.

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Source: IlSole24Ore