List of the 20 largest Single Family Offices in Italy [2024]

List of 3 large single family offices from Italy

Italy has one of the strongest economies in Europe with many internationally active firms. Automotive giants like Fiat or Ferrari or food firms like Ferrero or Barilla stem from the southern European country. Especially during recent years, an increasing number of single family offices have been launched to manage the wealth of the country’s most affluent dynasties. In the following, we present three Italian single family offices from our list.

1. H14 S.p.A. (Milano)

The Berlusconi family belongs to the richest families in the country. The 2023 deceased Silvio Berlusconi was the owner of the Fininvest holding, which owns several media companies, banks and the football club AC Monza. H14 is the Milan-based single family office of the Berlusconi family. The family office invests in various assets classes, such as venture capital, private equity, funds, hedge funds and capital markets. In 2023, the single family office from Milan invested in a $12M funding round of German pharma software startup Qualifyze.

2. Next Holding S.p.A. (Florence)

The Florence-based Next Holding S.p.A. is the single family office of the Manganelli family. Manganelli spearheaded the international expansion of the abrasive company Ekamant AB; later, he co-founded Toscana Finanza, which focused on distressed assets. The Florence-based single family office is focused on private equity investments. Target companies should exhibit >10% EBITDA; investments range from €1-5M and should lead to a 10-40% minority stake. Portfolio companies include Innogest, Nextergy 2050 and Ekawind.

3. Edizione S.r.l. (Treviso)

The Benetton family from Treviso stands behind the globally active fashion firm Benetton Group S.p.A. Through Edizione, the family is a large scale international investor. The single family office has interested in real estate, agriculture, digital infrastructure, financial institutions, food and beverage and travel retail firms as well as transport infrastructure. For instance, the Treviso-based Benetton single family office holds 57% of infrastructure firm Mundys, which owns numerous European highways through Abertis, or the airport of Rome and the Cote d’Azur.

Picture source: Carlos Ibanez (10.04.2024)