Valter Mainetti is the major shareholder of Sorgente Group Alternative Investment (US) that includes Sorgente Group Spa (Italia),Sorgente Group of America (US), Main Source (Lussemburgo) and Holding Star (UK). The total real estate assets owned by the funds and the underlying companies, together with the managed assets – at 30th june 2016 – amounts to over € 5 billion.
The Group works in the sectors of real estate, finance, investment managment, infrastructures, restoration works, hotels and clinics, communications and publishing.
The operative real estate companies, financial and real estate services companies are 70 and are located in Italy, France, Switzerland, Great Britain, Luxembourg, United Arab Emirates, USA and Brazil, with field offices in Rome, Milan, New York, Luxembourg and London.
Among the most important operations one must point out, the acquisition in 2005 of the majority shareholding in the ownership of the Chrysler Building, through the Michelangelo Fund: this position was subsequently sold in 2008.
Between 2005 and 2009, the Michelangelo Fund acquired the majority shareholding in the Flatiron Building in New York.
In 2009, the Donatello Fund, David Sub-Fund, acquired the Galleria Colonna in Rome, renamed Galleria Alberto Sordi and in 2012, the Queensberry House in London, sold in 2015. Once more in 2012, Sorgente Group acquired the Fine Arts Building in Los Angeles and in 2013 the Clock Tower Building in Santa Monica (www.sorgentegroup.com).
Valter Mainetti is Professore ad Honorem at the Univerisity of Parma, Department of Economics, where he teaches courses on the subject of Real Estate Finance History. He is President of Fondazione Sorgente Group.
In June 2013 he received the honor of Cavaliere del Lavoro for the sector “Real Estate and Finance”.
He is board member of Fondazione Musica per Roma.
Sorgente Group, whose majority shareholder and Cheif Exectuive Officier is Mr Valter Mainetti, owns 30% of “Gazzetta del Mezzogiorno“. By means of a subsidiary called ” Musa Comunicazione”, the Group also holds 100% shares of the newspaper “Il Foglio Quotidiano” and 40% shares of “Tempi”
He received on December 16, 2016 the title of Honorary Professore from the University of Parma in “Corporate Finance and Real Estate” with the following motivation of the Rector Professor Loris Borghi: “For his long standing collaboration with the University (he has been Professor at our University for 10 years) in research and teaching activities related to real estate funds, being a forerunner in Italy. He also received many acknowledgements and assignments nationally and internationally”.