Family Offices in Italy

Beretta Holding is a Luxembourg-based single-family office managing the Beretta family fortune. The holding company oversees a portfolio of iconic brands including Beretta, Benelli, Holland & Holland, Sako, and Steiner, spanning defense, sporting, and outdoor sectors. With nearly 500 years of firearms manufacturing heritage, it is one of the oldest family-owned businesses in the world.

Buono Ventures is a family office platform based in Milan, Italy, operating with both an advisory and a private equity investment arm. The firm's mission is to identify sustainable listed and private investments that offer a long-term horizon and a robust risk-return profile. Their investment approach encompasses direct minority investments, direct active investments with a governance role, and strategic commitments to private equity, private debt, and secondary funds. Buono Ventures actively seeks opportunities in profit-making companies with attractive growth profiles, often participating in third-party promoted club deals.The firm was founded in 2018 by Francesco de Mojana di Cologna. After a distinguished career, including a partnership at Permira, Francesco de Mojana di Cologna established Buono Ventures as a family office platform. His vision was to create an investment vehicle with an active presence across Southern Europe, the United States, the Middle East, and Israel, leveraging his extensive experience of over three decades in diverse sectors and geographical areas.Buono Ventures demonstrates a keen interest in sectors such as consumer, sports and leisure, business services, healthcare, food service, and real estate. Their portfolio includes notable investments like Healthy Poke, a company within the Restaurants and Bars industry, and K Health, a recognized HealthTech unicorn. Additionally, the firm was an investor in Hippocrates Holding, which was subsequently acquired. Buono Ventures typically deploys investment tickets ranging from €3-5 million, frequently collaborating with entrepreneurs and other club deal investors rather than pursuing fully controlling stakes.The leadership of Buono Ventures is anchored by its founder, Francesco de Mojana di Cologna, an Italian investor with a strong background in private equity, holding degrees from Bocconi University and Columbia Business School. The firm also plays a role in the Buono Investment Club (BIC), a club deal platform co-founded by Francesco De Mojana alongside other former Permira professionals such as Carlos Mallo, Nicola Volpi, and Antonio Zaccheo. This collaborative network brings together a wealth of international expertise and experience from senior leaders in various industries, enhancing the firm's ability to support portfolio companies and entrepreneurs.

Eurazeo is a prominent global investment group specializing in private markets asset management. The firm offers a comprehensive platform that supports companies across various stages of growth, from startups to established mid-market leaders. With a diversified fund offering and an extensive international network, Eurazeo identifies and invests in high-growth potential companies, leveraging deep sector expertise and a long-term vision to foster sustainable value creation. The firm's investment strategies span private equity, private debt, and real assets, catering to a broad range of institutional and private clients.Eurazeo's origins trace back to the merger of Eurafrance and Azeo in April 2001, consolidating decades of investment expertise from entities linked to the Lazard network. This strategic consolidation, guided by figures like Michel David-Weill, aimed to transform a fragmented portfolio into a robust, permanent-capital investment vehicle. The firm quickly evolved from a French industrial holding into a multi-strategy asset manager, establishing a strong presence across Europe and expanding its global footprint.The firm's investment focus is broad, encompassing sectors such as technology, business services, energy transition, healthcare, consumer goods, and financial services. Eurazeo actively supports its portfolio companies through international expansion, digital transformation, and strategic acquisitions. Notable investments include companies across various industries, demonstrating the firm's commitment to building European champions with global ambitions. Eurazeo's team comprises experienced investment professionals and high-level operational experts dedicated to active ownership and hands-on support.Committed to profitable impact-driven companies, Eurazeo integrates a recognized scientific approach to identify and support businesses that address environmental, social, and societal challenges. This responsible investment philosophy is central to its value creation model, aligning financial performance with positive societal impact. The firm's global reach, with 14 offices worldwide, enables it to access diverse markets and deliver strong performance for its investors and shareholders.

FB Family Office is a single-family office based in Rome, Italy. The firm provides support to a multigenerational family in the organization, management, and conservation of assets. Operating within Italy's growing family office sector, FB Family Office focuses on asset management and wealth preservation strategies for its founding family.

Fondazione Social Venture Giordano Dell'Amore (FSVGDA) is an Italian foundation dedicated to impact investing, serving as the strategic and operational arm of Fondazione Cariplo in this field. The firm's core mission is to accelerate social innovation in a sustainable and inclusive manner by supporting innovative social entrepreneurship across Italy and Europe. FSVGDA engages in a range of activities including institutional development, capacity building, direct investment, and financial advisory. Its investment focus is on initiatives that address pressing social, environmental, and cultural challenges, aligning with Fondazione Cariplo's philanthropic areas such as Services to Individuals, Art and Culture, Environment, and Scientific Research.FSVGDA was established in 2017 by Fondazione Cariplo, building upon the rich legacy and experience of two predecessor philanthropic institutions: Fondazione Opere Sociali (FOS) and Fondazione Giordano Dell'Amore (FGDA). The original Fondazione Giordano Dell'Amore, initially founded in 1977 as Finafrica, had a historical focus on microfinance before its evolution into the current impact investing foundation.The Foundation actively manages a portfolio of 61 investments, with a total of €12 million invested. Through its significant GDA Invest program, promoted in collaboration with Fondazione Cariplo, FSVGDA aims to deploy over €60 million to foster the development of Italian social entrepreneurship. Notable entities within its portfolio and initiatives include SkyDeck Europe, Vivavoce, WAY, Fondazione Casa Amica, Sefea Impact – Fondo Cooperazione e Terzo Settore, and Phitrust Partenaries Inclusion SAS. Additionally, FSVGDA has made an equity investment of €250,000 in C.NEXT, a benefit company focused on establishing innovation hubs. The firm has also supported four active impact investing funds: a|impact - Avanzi Etica, OPES Italia, Oltre Venture, and SEFEA Impact.The team at Fondazione Social Venture Giordano Dell'Amore comprises professionals with robust sectoral expertise and a strong commitment to social impact. Key members include Cristian Chizzoli (President), Marco Gerevini (Managing Director), Gian Paolo Barbetta (Scientific Coordinator), Paolo Canino (Operations Director), Stefano Cima (Business Development), Beatrice Gallo (Manager), Lorenzo Vaiani (Evaluation Officer), and Edoardo Nicolini (Principal). Marco Gerevini, for instance, brings a background in M&A and Corporate Finance from various European banks. The team's collective skills encompass financial structuring, impact measurement, and strategic planning, enabling them to support philanthropic organizations and social enterprises effectively.

H14 S.p.A. is an Italian family office based in Milan, serving as a qualified shareholder of Fininvest S.p.A., a prominent European media group. The firm manages a diversified global portfolio, strategically investing across various asset classes. H14 is known for its long-term partnership approach, particularly in supporting digital entrepreneurs and companies to facilitate their business expansion throughout Europe by leveraging its extensive strategic network.Established in 1978, H14 operates as the family office for the Berlusconi family, with Luigi Berlusconi serving as chairman and holding a significant stake alongside his siblings Barbara and Eleonora Berlusconi. The firm's investment philosophy emphasizes direct investments in venture and growth capital, private equity funds, hedge funds, and broader capital markets. This multi-asset strategy allows H14 to engage with a wide array of opportunities across different stages of company development.H14's investment focus spans several key sectors, including technology, financial services, consumer, media, healthcare, education, industrials, and transportation. Notable companies within its portfolio include digital platforms like FlixMobility, Tradeshift, wefox, ContentSquare, Sennder, Deliveroo, and Duetto. The firm has also invested in innovative ventures such as the German pharmaceutical auditing firm Qualifyze, Italian tech company Bending Spoons, German fintech Trade Republic, and the French online driving school Ornikar. Recent investments also include E80 Group, a provider of automated intralogistic solutions, and Università UniCamillus, an Italian private university specializing in health and medical sciences.The team at H14 comprises experienced professionals, including partners like Luigi Berlusconi, Barbara Berlusconi, Emanuela Di Domizio, Davide I Cremonesi, Geronimo La Russa, and Fabio Borio, along with several principals. Their collective expertise supports the firm's global investment strategy, which primarily targets North America and Europe, with opportunistic ventures into emerging markets. H14 actively co-invests with other family offices and institutional investors, demonstrating a collaborative approach to fostering growth in its portfolio companies.

Ithaca Investments Ltd is a family office operating in the financial services sector. Based in McAllen, Texas, the firm manages diversified investment activities across multiple asset classes. The office maintains a focused approach to wealth management and investment portfolio oversight.

Koinos Capital SGR is an investment company based in Milan, Italy, that provides capital, technology, and an entrepreneurial mindset to foster business transformation and growth. The firm operates with a multi-strategy approach, focusing on Buy-out, Early Stage Venture Capital, and Primaries & Co-Investments. They aim to turn innovative ideas into lasting value by supporting Italian SMEs with outstanding products or services to reach their full potential, and ambitious early-stage startups to achieve global and durable impact. Koinos Capital also engages in global fund investments and selected co-investment opportunities, with a particular interest in value-added manufacturing and transformative technologies.The firm was founded in 2018 by a group of experienced professionals, including Marco Morgese, Francesco Fumagalli, and Marco Airoldi, who serve as Founding Partners. Beppe Fumagalli holds the position of Chairman. Koinos Capital emphasizes an entrepreneurial spirit, tech-driven operations, and a unified strategic vision across its diverse investment activities.Koinos Capital's portfolio includes companies across various sectors. Notable investments and initiatives mentioned include the launch of Meduspace, Italy’s first Centre of Excellence in Continuous Medical Education, and the acquisition of People Design and ManganoRobot to form Futur-A Group. The firm also completed an exit with the sale of Impact Formulators Group to Delta Tecnic. Their investment focus extends to areas like industrial goods, manufacturing, chemicals, and materials, with an increasing interest in technology and AI-driven solutions, as well as companies promoting environmental and social characteristics through their ESG strategy.The Koinos Capital team comprises a diverse group of professionals with solid experience in private equity, venture capital, and funds of funds. The leadership team, including the founding partners and chairman, brings a wealth of experience from leading multinational companies, private equity houses, venture capital firms, and banking institutions. This combined expertise provides a strong understanding of the Italian small to mid-cap market and the global venture space, enabling them to drive business transformation and create successful ventures.

Labrusca Family Office is a single-family office headquartered in Stockholm, Sweden, that manages and allocates capital on behalf of its principals. The firm focuses on global investment opportunities across public and private markets.

LMDV Capital is an Italian single-family office headquartered in Milan, specializing in both direct and indirect investments across multiple asset classes. The firm is dedicated to empowering visionaries and supporting entrepreneurial initiatives that preserve and enhance the authentic spirit of Italian craftsmanship, particularly within the "Made in Italy" brand. Their investment focus spans internationally recognized brands in technology, lifestyle, and consumer goods sectors, with a thematic approach that also includes hospitality, entertainment, food, new technologies, preventive medicine, and artificial intelligence. LMDV Capital aims to create an ecosystem of resilient and continuously growing businesses that combine the best of Italian tradition with international innovation, fostering sustainable and responsible growth.LMDV Capital was founded in 2022 and is fully backed by Leonardo Maria Del Vecchio, who is a shareholder and Chief Strategy Officer of EssilorLuxottica Group, President of Ray-Ban, and President of OneSight EssilorLuxottica Foundation Italia. The firm operates with a hands-on, long-term approach, working closely with entrepreneurs to achieve impactful results and ensure sustainable growth. They provide strategic guidance to help companies scale responsibly and make a meaningful contribution to a better future. Marco Talarico serves as the CEO of LMDV Capital, bringing a background in wealth management to the firm.The firm's portfolio includes investments in companies such as Qomodo, Esananotech, Outdoora, Acqua Fiuggi, Editoriale Nazionale, and Isima. LMDV Capital primarily invests in Seed and Series A stages, as well as growth capital, demonstrating a commitment to supporting both early-stage and expanding businesses. Their geographic focus for investments spans Europe and North America, with a strong emphasis on Italy-based companies that embody national excellence.LMDV Capital operates with a team of approximately 21-50 employees, including partners, who leverage extensive industry expertise and a global network to identify and unlock growth opportunities. The firm prioritizes collaborative empowerment, integrity, accountability, and true partnership, aiming to build genuine, long-term relationships with the founders they support. Their commitment extends beyond financial returns, viewing entrepreneurs as catalysts for positive, transformative change in both society and the economy.

PFC Family Office is a single-family office founded in 2016 by a branch of the Marzotto family, which has been at the heart of Italy's textile industry since the 1800s and remains a relevant shareholder in Hugo Boss. Headquartered in Milan, PFC focuses on impact investing with the ambition to be a point of reference in Europe for positive social and environmental impact, allocating capital to co-investments in small to mid-sized private buyouts with clear sustainability outcomes, green bonds, and transition bonds.

RedFish Long Term Capital is an Italian industrial holding company and private equity firm that specializes in acquiring long-term stakes in Italian small and medium-sized enterprises (SMEs) and family-owned businesses. The firm focuses on supporting these companies through managerialization, accelerating their growth, and creating long-term value. They are generalist in nature but show particular interest in sectors such as precision mechanics, railway, aerospace, food, Information and Communication Technology (ICT), Oil & Gas, and telecommunications. RedFish Long Term Capital typically targets mature companies with an EBITDA greater than €2 million and expected margins exceeding 10%, often seeking those positioned in niche markets with specific products and technological know-how.Founded in 2020, RedFish Long Term Capital S.p.A. was established by Paolo Pescetto, Andrea Rossotti, and the Bazoli and Gitti families. Based in Milan, the company was created to act as a reliable partner for investing in the real economy, particularly in Italian family-owned SMEs. The founders aimed to assist these businesses in pursuing new phases of strong development and approaching both domestic and international acquisition markets, providing organizational and financial support.RedFish Long Term Capital invests with a long-term horizon, acquiring either qualified minority stakes or, alternatively, majority stakes, sometimes through Club Deals. Notable investments include the 100% acquisition of Movinter, a historic operator in the Italian and European railway market specializing in high-speed components. The firm also acquired a 20% stake in Expo Inox, a company producing stainless steel flue systems, and invested in SolidWorld Group, an Italian group focused on digital transition towards Industry 4.0. Other portfolio companies mentioned include PureLabs, The Compound Company, Centro Medico Ponticello, Ricerca Diagnostica, and Alpi Aviation.The leadership team at RedFish Long Term Capital includes founders Paolo Pescetto, who serves as President, and Andrea Rossotti, who is the CEO. Francesca Bazoli is also a founder and advisor. The board comprises experienced individuals such as Ernesto Paolillo, Luigi Pacella Grimaldi, Raffaella Viscardi, and Massimo Lapucci. The investment team, led by Investment Managers Simone Lo Giudice and Lorenza Castelli, along with Legal Director Joanna Gualano and other associates, brings expertise in financial management, management control, debt optimization, and advisory services for external growth strategies.

S&O Multi Family Office is an Italian multi-family office based in Bologna, specializing in the management, protection, and growth of significant family assets. The firm offers a comprehensive suite of services, including strategic consulting, selection and oversight of asset managers, and specialized tax and succession planning. Their approach is centered on long-term wealth preservation and growth, focusing on intergenerational planning rather than short-term financial gains.The firm's origins trace back to a single-family office established in 1988. This structure evolved into the current multi-family office model in 2008, expanding its expertise and services to a select number of external clients. S&O Multi Family Office prides itself on its independence from service providers, ensuring that its advice and strategies are solely aligned with the best interests of its clients.As a multi-family office, S&O Multi Family Office typically does not publicly disclose specific portfolio companies or direct investments. Instead, their investment strategy involves strategic asset allocation across various classes, including private equity, real estate, equities, fixed income, and cash, often through the selection and control of external asset managers. They have developed experience with international operators and managers across Europe, the United States, and Asia.The team at S&O Multi Family Office includes experienced professionals such as Emanuela Musci, a co-founder and partner with over 20 years of experience in the investment and multi-family office sector. Her background includes working at Salomon Smith Barney in Washington D.C. and managing an Italian single-family office, where she was responsible for portfolio analysis and investment selection. Isa Pola is also a partner at the firm, contributing to its strategic direction and client service.