Hortensia is an Italian closed-end real estate alternative investment Fund reserved to professional investors, established by Kryalos SGR in December 2016. The Fund’s purpose is the collective investment of the funds raised, aimed at achieving, through the professional management of the Fund itself, in view of a sale, an increase in the value of the investments and the allocation and distribution of net results of the operations following the disposal of the investments made. As of today the Fund is composed of 10 assets located in Lazio, Piemonte and Toscana, coming from distressed portfolios owned by bank institutes.