Permira Names Giorgio Dinaro Head of Milan Office

Global investment firm Permira has elevated Giorgio Dinaro to the position of Head of Milan, signaling a strategic reinforcement of its Italian market leadership. This transition sees Dinaro assume responsibility for the firm's operations in Italy, a region where Permira has cultivated a significant presence since establishing its Milan office in 1988.

Dinaro, who joined Permira in 2014 and was promoted to Managing Director in the Consumer sector in 2021, brings a decade of experience with the firm's Italian portfolio. His prior work includes key roles in investments such as Arcaplanet, Golden Goose, Gruppo Florence, K-Way, and La Piadineria. He currently contributes to the boards of Golden Goose and Gruppo Florence, underscoring his deep engagement with the Italian business community.

The appointment marks a succession from Francesco Pascalizi, who has steered the Milan office since 2019. Pascalizi will continue his influential role as Partner and Global Co-Head of Consumer, maintaining a crucial leadership position within the firm's consumer-focused strategies. This continuity ensures that Permira's Italian operations benefit from both established leadership and fresh direction.

Permira's commitment to Italy is substantial, with its funds having backed over 55 Italian companies since its inception in the country. This extensive track record highlights the firm's long-term strategy of supporting ambitious Italian enterprises in their domestic and international growth trajectories. The firm leverages its global network and deep sector expertise to empower these businesses, a strategy exemplified by its support for brands like Valentino and Kedrion Biopharma.

The Italian private equity market, particularly within the consumer and luxury sectors, has shown resilience and growth potential. With a strong base of innovative entrepreneurs and established brands, Italy presents a fertile ground for investment. Permira's continued focus on this region, now under Dinaro's leadership, aligns with broader trends of private capital seeking high-growth opportunities in established European economies. Dinaro's background, including his prior experience in investment banking at Bank of America Merrill Lynch, provides a robust foundation for navigating complex transactions and driving value creation.

“Italy remains a dynamic market with outstanding entrepreneurs and businesses, and we are committed to backing ambitious companies with strong growth potential,” stated Dinaro. “Looking ahead, we will continue to support Italian businesses in scaling domestically and internationally, leveraging both our strong local team and Permira’s global network and sector expertise.” This sentiment reflects a forward-looking approach focused on sustained partnership and expansion for Italian companies.