9. Other non-current financial assets – Other investments

Details are as follows:

€ million 30/09/2012 31/12/2011 Change
Investments measured at fair value
   
-The Black Ant Value Fund 314.1 - 314.1
-Perella Weinberg Funds 82.8 70.0 12.8
-Immobiliare RHO Fund 11.8 12.4 (0.6)
-Other 14.9 8.4 6.5
  423.6 90.8 332.8
Investments measured at amortized cost         
-Bonds held to maturity 114.2 114.4 (0.2)
Other investments
1.4 1.3 0.1
Total 539.2 206.5 332.7

On June 1, 2012 EXOR finalized a €300 million investment (€314.1 million on the basis of the value of units at September 30, 2012) in an Irish-registered fund managed solely for EXOR by The Black Ant Group LLP; the fund 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 €12.8 million, is attributable to investments made inNoCo B LP for €15.8 million and by the positive fair value adjustment for €5.6 million (with recognition in equity), offset in part by reimbursements for €8.6 million. At September 30, 2012, the remaining investment commitments in NoCo B LP and in the Perella Weinberg Real Estate I Fund amount, respectively, to $15.6 million (€12.1 million) and €2.9 million.

Commercial Register No.64236277 Legal notes | Credits