Form D Raw Data - Electronic Filing Depository

EFDID: 423272EFD: Raw Data

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

Accession: 0001315863-22-000201 () (EDGAR Files) (Form D)

Edgar Posted: Mar. 4, 2022
EFD Posted: Dec. 6, 2022

- < edgarSubmission >

< schemaVersion > X0708 </ schemaVersion >

< submissionType > D/A </ 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 > true </ isAmendment >

< previousAccessionNumber > 0001315863-22-000070 </ previousAccessionNumber >

</ 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 > 5638000 </ minimumInvestmentAccepted >

- < salesCompensationList >

- < recipient >

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

< recipientCRDNumber > 124658 </ 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 >

- < recipient >

< recipientName > Barry Lynn Wilson </ recipientName >

< recipientCRDNumber > 3007442 </ recipientCRDNumber >

< associatedBDName > Pickwick Capital Partners, LLC </ associatedBDName >

< associatedBDCRDNumber > 130672 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 445 Hamilton Avenue </ street1 >

< street2 > Suite 1102 </ street2 >

< city > White Plains </ city >

< stateOrCountry > NY </ stateOrCountry >

< stateOrCountryDescription > NEW YORK </ stateOrCountryDescription >

< zipCode > 10601 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CA </ state >

< description > CALIFORNIA </ description >

< state > CO </ state >

< description > COLORADO </ description >

< state > CT </ state >

< description > CONNECTICUT </ description >

< state > DE </ state >

< description > DELAWARE </ description >

< state > DC </ state >

< description > DISTRICT OF COLUMBIA </ description >

< state > FL </ state >

< description > FLORIDA </ description >

< state > GA </ state >

< description > GEORGIA </ description >

< state > IL </ state >

< description > ILLINOIS </ description >

< state > IN </ state >

< description > INDIANA </ description >

< state > IA </ state >

< description > IOWA </ description >

< state > LA </ state >

< description > LOUISIANA </ description >

< state > MD </ state >

< description > MARYLAND </ description >

< state > MA </ state >

< description > MASSACHUSETTS </ description >

< state > MI </ state >

< description > MICHIGAN </ description >

< state > MN </ state >

< description > MINNESOTA </ description >

< state > MO </ state >

< description > MISSOURI </ description >

< state > MT </ state >

< description > MONTANA </ description >

< state > NE </ state >

< description > NEBRASKA </ description >

< state > NV </ state >

< description > NEVADA </ description >

< state > NH </ state >

< description > NEW HAMPSHIRE </ description >

< state > NJ </ state >

< description > NEW JERSEY </ description >

< state > NM </ state >

< description > NEW MEXICO </ description >

< state > NY </ state >

< description > NEW YORK </ description >

< state > NC </ state >

< description > NORTH CAROLINA </ description >

< state > OH </ state >

< description > OHIO </ description >

< state > OR </ state >

< description > OREGON </ description >

< state > PA </ state >

< description > PENNSYLVANIA </ description >

< state > RI </ state >

< description > RHODE ISLAND </ description >

< state > SC </ state >

< description > SOUTH CAROLINA </ description >

< state > TN </ state >

< description > TENNESSEE </ description >

< state > TX </ state >

< description > TEXAS </ description >

< state > UT </ state >

< description > UTAH </ description >

< state > VT </ state >

< description > VERMONT </ description >

< state > VA </ state >

< description > VIRGINIA </ description >

< state > WA </ state >

< description > WASHINGTON </ description >

< state > WY </ state >

< description > WYOMING </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

</ salesCompensationList >

- < offeringSalesAmounts >

< totalOfferingAmount > 563800000 </ totalOfferingAmount >

< totalAmountSold > 21165616 </ totalAmountSold >

< totalRemaining > 542634384 </ totalRemaining >

< clarificationOfResponse > Total amount sold to all investors (U.S. and Non-U.S. investors) is US Dollars 68,276,180, using the Wall Street Journal conversion rate of Euros to US Dollars as of the close on December 20, 2021 of $1.1276. </ clarificationOfResponse >

</ offeringSalesAmounts >

- < investors >

< hasNonAccreditedInvestors > false </ hasNonAccreditedInvestors >

< totalNumberAlreadyInvested > 1 </ totalNumberAlreadyInvested >

</ investors >

- < salesCommissionsFindersFees >

- < salesCommissions >

< dollarAmount > 22493 </ dollarAmount >

</ salesCommissions >

- < findersFees >

< dollarAmount > 0 </ dollarAmount >

</ findersFees >

< clarificationOfResponse > Fees are paid according to a pre-agreed fee schedule. </ clarificationOfResponse >

</ salesCommissionsFindersFees >

- < useOfProceeds >

- < grossProceedsUsed >

< dollarAmount > 0 </ dollarAmount >

</ grossProceedsUsed >

< clarificationOfResponse />

</ useOfProceeds >

- < signatureBlock >

< authorizedRepresentative > false </ authorizedRepresentative >

- < signature >

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

< signatureName > 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 > 2022-03-04 </ signatureDate >

</ signature >

</ signatureBlock >

</ offeringData >

</ edgarSubmission >