Alessandro Scortecci
Partner
Dubai
Alessandro Scortecci is a core member of Boston Consulting Group’s Principal Investors & Private Equity practice area. He is a leader in the Sovereign Wealth Fund topic in the Middle East with a focus on investment strategy, portfolio value creation, and digital. Alessandro has worked on multiple large-scale strategy and implementation assignments for large conglomerates, private equity funds, sovereign wealth funds, and pension funds. He has worked with c-level clients on engagements covering developing investment strategies and supporting transactions, defining value creation plans to maximize portfolio value, designing operating models, and developing digital value propositions and transformation plans at both the fund and portfolio level.
Prior to joining BCG, Alessandro worked as Chief of Staff for Marketing, Digital, and Telephone Banking at Lloyds Banking Group, and as a consultant for Opera Solutions, involved both in strategy and operations projects in the UK, Europe, and the US.
Unsurprisingly, the global slowdown of economic activity and the mounting geopolitical risks took a heavy toll on SWFs’ investment activity of the last semester. With deal values down 22% on a year-on-year basis, 2019 will most likely record a historical low in terms of SWF activity.
In search of higher returns, sovereign investors have shifted away from traditionally liquid asset allocations centered on fixed income and public equities and toward more illiquid alternative investments—private equity, venture capital, real estate, and infrastructure.
Direct private equity investment can deliver outsize returns, but that comes with a cost. To preserve value, funds must establish strong organizational supports and match their level of engagement with appropriate resources.
Sovereign wealth funds have become increasingly active in the digital and technology sectors, generating benefits not only for themselves but also for the businesses they support.
