Form D Raw Data - Electronic Filing Depository

EFDID: 423272EFD: Raw Data

Issuer: Italian Distressed Debt & Special Situations Fund (0001891611) - D

Accession: 0001315863-21-000978 () (EDGAR Files) (Form D)

Edgar Posted: Dec. 22, 2021
EFD Posted: Dec. 22, 2021

- < edgarSubmission >

< schemaVersion > X0708 </ schemaVersion >

< submissionType > D </ submissionType >

< testOrLive > LIVE </ testOrLive >

- < primaryIssuer >

< cik > 0001891611 </ cik >

< entityName > Italian Distressed Debt & Special Situations Fund </ entityName >

- < issuerAddress >

< street1 > VIA PIEMONTE, 38 </ street1 >

< city > ROME </ city >

< stateOrCountry > L6 </ stateOrCountry >

< stateOrCountryDescription > ITALY </ stateOrCountryDescription >

< zipCode > 00187 </ zipCode >

</ issuerAddress >

< issuerPhoneNumber > +3906694771 </ issuerPhoneNumber >

< jurisdictionOfInc > ITALY </ jurisdictionOfInc >

- < issuerPreviousNameList >

< value > None </ value >

</ issuerPreviousNameList >

- < edgarPreviousNameList >

< value > None </ value >

</ edgarPreviousNameList >

< entityType > Other </ entityType >

< entityTypeOtherDesc > a reserved closed-end alternative investment fund formed under the laws of Italy </ entityTypeOtherDesc >

- < yearOfInc >

< withinFiveYears > true </ withinFiveYears >

< value > 2021 </ value >

</ yearOfInc >

</ primaryIssuer >

- < relatedPersonsList >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > N/A </ firstName >

< lastName > Gardant Investor SGR S.p.A. </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > Via Piemonte, 38 </ street1 >

< city > Rome </ city >

< stateOrCountry > L6 </ stateOrCountry >

< stateOrCountryDescription > ITALY </ stateOrCountryDescription >

< zipCode > 00187 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Promoter </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification > Gardant Investor SGR S.p.A. is the management company of the Issuer. </ relationshipClarification >

</ relatedPersonInfo >

</ relatedPersonsList >

- < offeringData >

- < industryGroup >

< industryGroupType > Pooled Investment Fund </ industryGroupType >

- < investmentFundInfo >

< investmentFundType > Other Investment Fund </ investmentFundType >

< is40Act > false </ is40Act >

</ investmentFundInfo >

</ industryGroup >

- < issuerSize >

< aggregateNetAssetValueRange > Decline to Disclose </ aggregateNetAssetValueRange >

</ issuerSize >

- < federalExemptionsExclusions >

< item > 06b </ item >

< item > 3C </ item >

< item > 3C.7 </ item >

</ federalExemptionsExclusions >

- < typeOfFiling >

- < newOrAmendment >

< isAmendment > false </ isAmendment >

</ newOrAmendment >

- < dateOfFirstSale >

< value > 2021-12-20 </ value >

</ dateOfFirstSale >

</ typeOfFiling >

- < durationOfOffering >

< moreThanOneYear > true </ moreThanOneYear >

</ durationOfOffering >

- < typesOfSecuritiesOffered >

< isEquityType > true </ isEquityType >

< isPooledInvestmentFundType > true </ isPooledInvestmentFundType >

</ typesOfSecuritiesOffered >

- < businessCombinationTransaction >

< isBusinessCombinationTransaction > false </ isBusinessCombinationTransaction >

< clarificationOfResponse />

</ businessCombinationTransaction >

< minimumInvestmentAccepted > 5626500 </ minimumInvestmentAccepted >

- < salesCompensationList >

- < recipient >

< recipientName > Barry Lynn Wilson </ recipientName >

< recipientCRDNumber > 3007442 </ recipientCRDNumber >

< associatedBDName > Growth Capital Services, Inc. </ associatedBDName >

< associatedBDCRDNumber > 124658 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 2093 Philadelphia Pike 4196 </ street1 >

< city > Claremont </ city >

< stateOrCountry > DE </ stateOrCountry >

< stateOrCountryDescription > DELAWARE </ stateOrCountryDescription >

< zipCode > 19703 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< value > All States </ value >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

</ salesCompensationList >

- < offeringSalesAmounts >

< totalOfferingAmount > 626500000 </ totalOfferingAmount >

< totalAmountSold > 21121881 </ totalAmountSold >

< totalRemaining > 605378119 </ totalRemaining >

< clarificationOfResponse > Total amount sold to all investors (U.S. and Non-U.S. investors) is USD 68,158,858. </ clarificationOfResponse >

</ offeringSalesAmounts >

- < investors >

< hasNonAccreditedInvestors > false </ hasNonAccreditedInvestors >

< totalNumberAlreadyInvested > 1 </ totalNumberAlreadyInvested >

</ investors >

- < salesCommissionsFindersFees >

- < salesCommissions >

< dollarAmount > 0 </ dollarAmount >

</ salesCommissions >

- < findersFees >

< dollarAmount > 0 </ dollarAmount >

</ findersFees >

< clarificationOfResponse />

</ salesCommissionsFindersFees >

- < useOfProceeds >

- < grossProceedsUsed >

< dollarAmount > 0 </ dollarAmount >

</ grossProceedsUsed >

< clarificationOfResponse />

</ useOfProceeds >

- < signatureBlock >

< authorizedRepresentative > false </ authorizedRepresentative >

- < signature >

< issuerName > Italian Distressed Debt & Special Situations Fund </ issuerName >

< signatureName > s/ Guido G. Fortunato Lombardo </ signatureName >

< nameOfSigner > Guido G. Fortunato Lombardo </ nameOfSigner >

< signatureTitle > CEO of Gardant Investor SGR S.p.A., on behalf of Issuer </ signatureTitle >

< signatureDate > 2021-12-22 </ signatureDate >

</ signature >

</ signatureBlock >

</ offeringData >

</ edgarSubmission >