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Algebris partners with Caritas, ASCS and Bes Group to assist Ukraine refugees

Milan, 16th March 2022 – Algebris Investments, the global asset management company, is committed to offering immediate help to assist the civilian population directly affected by the war in Ukraine.


Algebris has today made available the Antico Borgo La Muratella hotel, located in the province of Bergamo, in Italy to those refugees in need of shelter. The building, managed by the Bes Hotels brand, from now will be able to offer board and lodging to up to 100 Ukrainian people for the whole of 2022.
The initiative is in collaboration with Caritas of Bergamo, Agenzia Scalabriniana per la Cooperazione allo Sviluppo (ASCS) and the Bes Group.

The organisation of the arrivals and the reception area inside the building are to be managed directly and exclusively by Caritas of Bergamo and ASCS.

Tram “Algebris for Peace” in Milan

Our deepest sympathies go out to those affected by this humanitarian disaster, and we hope that those inhabiting the building are able to get some much needed rest and solace.