About This Fund
Nextalia Private Equity Fund is the flagship private equity vehicle of Nextalia SGR S.p.A., an Italian asset manager regulated by CONSOB and headquartered in Milan. Nextalia Private Equity announced a first close of €563 million in November 2021, representing one of the largest first closes for an Italian private equity fund in recent years, and indicated an intent to reach the fund's hard cap target of €800 million in the first half of 2022. The investor base at first close comprised approximately 45 percent banks and insurance companies, 20 percent pension funds and banking foundations, and 35 percent family offices and entrepreneurs, reflecting the diversity of Italian institutional and private capital participation.
Nextalia Private Equity targets majority investments in Italian small and medium enterprises (SMEs) with high growth potential and leadership positions in their markets. The fund's strategy encompasses family-owned businesses undergoing generational transitions, buy-and-build opportunities in fragmented sectors, and co-investments with institutional partners. The investment approach is guided by principles of sustainable value creation, incorporating digital transformation support, operational efficiency improvements, and access to Nextalia's proprietary network of industrial and institutional advisors alongside managerial support.
Nextalia SGR was founded by a team of experienced Italian private equity and investment banking professionals committed to supporting the Italian entrepreneurial ecosystem. The fund's launch coincided with a period of strong institutional appetite for Italian mid-market PE, driven by post-pandemic recovery tailwinds and structural opportunities in Italian family business succession. Nextalia has since broadened its investment platform to include ventures in energytech and agritech, with AUM reported at €1.5 billion. The private equity fund represents the core institutional strategy of the firm, targeting long-term value creation in the Italian economy.