[company_age]6.0[/company_age][employees]2-10 employees[/employees][description]The Equity Club (TEC) is a private capital initiative structured as a Club Deal. It offers its shareholders the opportunity to invest directly in mid-cap companies with more flexibility in terms of investment policy, governance, and exit strategy compared to a traditional private equity (PE) fund. TEC has a broad investment scope, allowing it to devise tailored transactions responding to a multitude of potential needs. It targets investments in Italian companies with an equity ticket between €40 million and €120 million, both in majority and minority stakes, private and public companies, holding and operating companies. The initiative, sponsored by Mediobanca which is also an investor, has raised €500 million of "soft commitment" among more than 80 of the main Italian entrepreneurial families. TEC\[/description][ps]Direct investments in mid-cap companies.[/ps]