(Bloomberg) The former head of Italian jeweler Bulgari SpA is preparing to start a hedge fund along with a pair of finance veterans who have advised the likes of activist investment firm Elliott Management Corp. Francesco Trapani, who ran Bulgari for nearly three decades, Marco Taricco and Giuseppe Bivona plan to start the Bluebell Active Equity Fund on Nov. 11 with about 50 million euros ($55.7 million), the three said in an interview on Thursday. Taricco and Bivona are co-founders of Bluebell Partners in London.
Bulgari’s Former CEO Plans Hedge Fund With Advisers to Elliott
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