9. Other non-current financial assets – Other investments

Details are as follows:

€ million 12/31/2012 12/31/2011 Change
Investments measured at fair value      
- The Black Ant Value Fund 323,3 - 323,3
- Perella Weinberg funds 83,2 70,0 13,2
- Immobiliare RHO Fund 11,8 12,4 (0,6)
- Other 16,9 8,4 8,5
  435,2 90,8 344,4
Investments measured at amortized cost      
- Other bonds held to maturity 109,2 114,4 (5,2)
Other investments 0,0 1,3 (1,3)
Total 544,4 206,5 337,9

On June 1, 2012 EXOR finalized the €300 million investment (€323.3 million based on the value of the shares at December 31, 2012) in an Irish-registered fund managed by The Black Ant Group LLP, which principally invests in equity and credit instruments. The investment has a time frame of five years.

The net increase in the Perella Weinberg Funds,equal to €13.2 million, is attributable to investments made in NoCo B LP for €18.5 million and by the positive fair value adjustment for €5.7 million (with recognition in equity), offset in part by reimbursements for €11 million. At December 31, 2012, the remaining investment commitments in NoCo B L.P. and in the Perella Weinberg Real Estate I Fund amount, respectively, to $ 13.8 million (€10.5 million) and €2.9 million.

Commercial Register No.64236277 Legal notes | Credits