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ALTERNATIVE INVESTMENTS
Riello Investimenti SGR is an independent asset management company which has been operating for 25 years in the Alternative Investment sector in the management of both private equity and debt funds and venture growth capital funds.
Our origin and industrial background constitute an important competitive advantage, enabling us to benefit from a widespread network of relationships with entrepreneurs, managers and specialized advisors.
Since Riello Investimenti foundation, we have focused on small to medium sized enterprises, combining industrial and financial expertise to improve portfolio companies’ operating performance.
80% of Italian enterprises are controlled by family groups and 25% of them are facing generational transition, a critical phase of the business lifecycle that represents, by far, the most important deal flow opportunities.
The strong local roots and the consolidated relationships with entrepreneurs, managers and advisors are reflected in its proprietary strategic deal flow.
Our investment style is centered on the active management of our portfolio companies, through the development of their managerial skills, corporate governance improvement, business model reinforcement and internationalization.
Alternative investments have consistently outperformed public markets’ returns on both stocks and bonds, with a lower volatility, whilst remaining uncorrelated to key macro-trends. Our private equity, private debt and venture growth capital strategy aims to support the real economy and the country’s economic development, assisting SMEs in the implementation of their business plan.
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PRIVATE EQUITY
Private Equity is the main instrument to invest in the country’s real economy. It is the ideal solution for both target companies aiming to increase their growth potential, and investors, as it consistently outperformed other asset classes, while also being adequately decorrelated, diversified and benefitting from lower volatility.
Italian SMEs, backbone of our industrial system, represent the major opportunity to invest in the real economy.
The funds managed by Riello Investimenti SGR are mainly involved in majority stake or qualified minority acquisitions.
We are focused on traditional “Made in Italy” industries, those with great value generation potential, with solid fundamentals and leadership potential.
We support growth on domestic and foreign markets, as well as new aggregation projects through ("build up") strategies. In our investments we stimulate companies toward integrating sustainability into their business processes. -
PRIVATE DEBT
Among the first movers in the Italian Private Debt market, we have been investing in this asset class since 2016. We have been focusing on debt instruments, “minibonds”, issued by Italian SMEs to provide the most efficient capital structure to support their growth and ensure diversification of their financial sources.
Our investment approach includes arranging, underwriting and holding the debt instrument in our portfolio until its maturity (“buy & hold”); we share the requirements and outcomes with our portfolio companies, and provide guidance to identify and support future development plans.
We evaluate our target companies’ strategic plan and business model and continuously monitor their development achievements, following an “equity style” approach. We stimulate companies toward integrating sustainability into their business processes -
VENTURE GROWTH CAPITAL
Since 2024 we have been operating in Venture Growth Capital with our first impact fund Linfa, which dedicates at least 60% of capital in companies that have developed businesses that can have a positive, verifiable, and measurable environmental impact.
We support with minority operations late-stage or growth SMEs in the agribusiness sector with investment focus on the core parts of the value chain, such as production, processing, packaging, waste management and circular economy.
For this asset class as well, Riello Investimenti SGR uses a “hands-on” strategy, working alongside entrepreneurs of target companies in defining and implementing growth strategies -
INVESTMENT PROCESS AND PERFORMANCE
The fund’s management process executed by Riello Investimenti Sgr comprises five consecutive phases:
The process involves contribution from the Investment Team, Investment Committee, Risk Managers, Compliance, Key Managers and Advisors.
Private Equity Funds
Our industrial DNA and an active approach to portfolio management have enabled our companies to grow and create value by realizing excellent and stable performances for investors.
To date, we have 45 executed and managed transactions, including adds-on.Private Debt Funds
Our “equity style” approach grants investor returns that are aligned with the standards required for this asset class, with consistent cash flows and distribution of proceeds across the whole funds’ duration.
To date, we have completed 26 operations, predominantly arranged and managed as Minibonds, to support Italian SMEs in addition to traditional debt instruments, and to diversify between financial sources.