Equita Capital

Name

Equita Capital

Legal name

EQUITA Capital SGR S.p.A.

Website

https://sgr.equita.eu

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Alternative Asset Management

NAICS

Portfolio Management and Investment Advice (523940), Other Financial Vehicles (525990), Funds, Trusts, and Other Financial Vehicles (525)

SIC

Miscellaneous Business Credit Institution (6159)

akta.pro primary industry

Private Credit / Direct Lending (FSAAAHAG)

akta.pro secondary industry

Large-Cap / Sponsor Finance Direct Lending (FSANADAJ)

Keywords

• Alternative asset management
• Private debt funds
• Private equity investments
• Renewable infrastructure funds
• Multi-asset management

Headquarters

HQ city

Milan

HQ country

Italy

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Management Fees: Closed-end funds charge management fees on committed capital under management, typically 1-2% annually on committed capital during investment period, then on invested capital.
2. Performance Fees (Carried Interest): Fund managers earn carried interest (typically 20% of returns above preferred return hurdle) upon successful realization of investments.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels4 records

Core offering

EQUITA Capital SGR manages proprietary and delegated closed-end alternative investment funds across four asset classes (Private Debt, Private Equity, Renewable Infrastructures, Liquid Strategies) on behalf of institutional investors (pension funds, insurance companies, banks) and private banking networks. Funds provide customized debt instruments, growth capital, and renewable infrastructure exposure primarily to Italian SMEs, with products classified under PIR, SFDR Article 8, and SFDR Article 9 frameworks.

Product overview

EQUITA Capital SGR operates as a multi-asset management platform offering alternative investment solutions across four core asset classes: Private Debt (providing customized debt instruments to Italian SMEs), Private Equity (growth capital for SMEs), Renewable Infrastructures/EGIF (renewable energy investments), and Liquid Strategies (patrimonial management). The firm manages multiple proprietary and delegated closed-end funds including EQUITA Smart Capital – ELTIF (private equity PIR-compliant fund), EQUITA Green Impact Fund (Article 9 renewable infrastructure fund), EQUITA Private Debt Funds I/II/III (private debt products), and the newly launched EQUITA Rilancio Small Cap Italia (small cap equity fund). The platform is integrated within the broader EQUITA Group ecosystem, leveraging research capabilities and distribution networks to serve institutional investors, banking networks, and professional investors.

Differentiator

Problem solved

Functional benefit

Brands

• EQUITA Private Debt Fund: Private debt investment fund for Italian SMEs
• EQUITA Smart Capital - ELTIF
• EQUITA Green Impact Fund (EGIF)
• EQUITA Rilancio Small Cap Italia

Products and services

• Private Debt Highly customized debt instruments covering the entire capital structure of Italian SMEs, including senior unitranche and subordinated bonds in sponsor-led transactions with 5-7 year maturity. Targets Italian SMEs and PE-backed companies.
• Private Equity Growth capital instruments supporting Italian small and medium enterprises through control or qualified minority stake investments, providing long-term capital and managerial expertise.
• Renewable Infrastructures (EGIF) Investments in renewable energy infrastructure including solar photovoltaic, onshore wind, and biogas projects in Italy and Europe, supporting energy transition and climate change mitigation under Article 9 SFDR.
• Liquid Strategies Patrimonial management lines and flexible funds combining macro trend analysis and sector knowledge with company fundamental analysis for investment decisions.
• EQUITA Smart Capital – ELTIF PIR-compliant private equity ELTIF fund investing in Italian small and medium enterprises. 8-year horizon with a 4-year investment period. Final closing at €98.4 million, the largest non-captive alternative PIR in Italy. Distributed through UniCredit Private Banking, Credem Euromobiliare, and Banca Sella.
• EQUITA Private Debt Fund II (EPD II) Second private debt fund, PIR-compliant closed-end fund investing in senior unitranche and subordinated bonds in Italian SMEs in sponsor-led transactions with 5-7 year maturity. First closing €100 million in September 2020; total commitments reached €237 million.
• EQUITA Private Debt Fund III (EPD III) Third private debt fund classified as Article 8 SFDR product promoting ESG best practices. First closing completed with €106 million raised and €130 million total commitments; subsequently grew to €160 million in July 2025, targeting €300 million by 2025.
• EQUITA Rilancio Small Cap Italia Italian closed-end alternative investment fund approved by Consob, investing in underperforming Italian listed SMEs outside the FTSE MIB index. Part of 'Patrimonio Rilancio - Fondo Nazionale Strategico Indiretto' managed by Cassa Depositi e Prestiti. Target €100 million by December 2026, hard cap €170 million.

Quantifiable outcome

• Average annual sales growth of portfolio companies: 20%+
• +5 more outcomes

Named customers21 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Partnerships

Five partnerships are on record, tiered core.

• Cogein EnergycoreStrategic or Co-development Partner · 26 February 2026Co-investment in 53.6 MW wind farms in Castelpagano and Rapone. Developer retained majority stake in SPVs while EGIF acquired minority stake. Innovative co-investment model.
• DOMINIONcoreStrategic or Co-development Partner · 22 January 2025Partnership for development and construction of 74 MW solar PV portfolio (4 projects in Sicily and Basilicata). DOMINION oversees construction ensuring ESG standards. Marks EGIF's deployment phase launch.
• Credem Euromobiliare Private BankingcoreChannel Partner/ Reseller/ Distributor · 19 July 2023Distribution partner for EQUITA Smart Capital ELTIF. Contributed significantly to €98.4 million final closing making it largest non-captive alternative PIR in Italy.
• Banca SellacoreChannel Partner/ Reseller/ Distributor · 19 July 2023Distribution partner for EQUITA Smart Capital ELTIF alongside Banca Sella Patrimoni & C. Part of major private banking network distribution.
• UniCredit Private Banking (Cordusio SIM)coreChannel Partner/ Reseller/ Distributor · 6 November 2021First distributor for EQUITA Smart Capital ELTIF. Key private banking distribution partner for retail and professional investors. Major contributor to €98.4 million fundraising.

Scale indicators10 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Anthilia Capital Partners SGR: Italian independent alternative asset manager offering private debt, private equity, and credit funds. Direct competitor in the Italian SME private debt market and existing co-financing partner with EQUITA on ELTIF investments.
• Green Arrow Capital SGR: Italian alternative asset manager specializing in private debt, private equity, and renewable infrastructure. Direct peer competing for the same Italian mid-market deals and ELTIF distribution relationships.
• Pemberton Asset Management: European mid-market direct lending manager. Existing co-investment partner with EQUITA on DACH transactions and a direct competitor for sponsor-led Italian SME lending mandates.
• Fondo Italiano d'Investimento: Italian fund-of-funds and anchor investor in EPD II. Operates as both an LP relationship and a competitor in the Italian private capital ecosystem, deploying capital into similar mid-market transactions.
• Finint Private Bank / Banca Finint: Italian banking group with an active alternative asset management platform (Finint Investments) covering private debt, private equity, and ELTIF structures — directly comparable multi-asset Italian alternatives platform.

Broad incumbents

• Azimut Holding: One of Italy's largest independent asset managers with a growing alternatives platform. While primarily a public-market and wealth manager, Azimut has expanded into private credit and PIR-eligible products, competing for retail and private banking distribution.
• Eurizon Capital (Intesa Sanpaolo): Asset management arm of Intesa Sanpaolo, offering a broad product range including private debt and alternative funds. Incumbent with captive distribution through Italy's largest banking network, competing for institutional and retail alts mandates.
• Mediolanum Gestione Fondi: Italian asset manager within the Mediolanum banking group offering diversified products including PIR-compliant funds and liquid alternatives. Comparable in its PIR distribution strategy and Italian retail/HNW focus.
• Amundi (Crédit Agricole): Europe's largest asset manager with growing exposure to private debt and European direct lending strategies. Represents the scale-driven competitive threat for institutional mandates and Italian mid-market deals.
• Blackstone Credit (BCRED): Global credit platform with a European direct lending arm competing for sponsor-led mid-market transactions. As European direct lending consolidates around large global managers, Blackstone represents a structural scale competitor for Italian and Southern European mandates.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xtwitter.com/equitagroup
• Facebookfacebook.com/EquitaGroup
• LinkedInlinkedin.com/company/equita

Compliance10 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Equita Capital