Borletti Group

What Borletti Group does

Borletti Group is a privately owned Luxembourg-based investment group founded in 2005 by Maurizio Borletti and Paolo De Spirt. The firm invests in international brands across retail, lifestyle, and consumer-branded sectors, with a stated 30+ year track record in luxury, fashion, and lifestyle investing under the Borletti family name. It operates three core divisions: Private Equity (8 completed acquisitions with cumulative deal value exceeding €3 billion), Real Estate (retail, hotel, and office properties primarily across Italian cities), and Asset Management (>€400M AUM across proprietary Savile Multimanager sub-funds and the AZ FUND BORLETTI Global Lifestyle thematic fund co-managed with Azimut). Headquartered in Luxembourg with a London office opened in 2013, the group is structured as a family-office-rooted private investment vehicle with no fixed fund life, allowing flexible long-term capital deployment in enterprise values up to approximately €1 billion across Europe and North America.

The firm's revenue model combines private equity investment returns (carried interest and capital gains on realizations) with management and performance fees from its asset management division. Active portfolio companies include True Religion, Hippocrates Holding, Moose Knuckles, Twinset, and The Market (San Marino), while notable realized exits include la Rinascente (2005-2011), Printemps (2006-2013), Grandi Stazioni Retail (2016-2024, sold to DWS/OMERS), MooRER (2019-2023), and Zimmermann (2021-2023). The group pursues both majority and minority stakes with strong governance preferences and partners with entrepreneurs, family offices, and institutional co-investors. Pricing and deal terms are individually negotiated rather than published, reflecting the bespoke nature of private investment activity. The firm employs a small team (11-50 people) spanning Luxembourg and London, with a senior team combining deep sector operating experience with investment banking and asset management expertise.

Name

Borletti Group

Legal name

Borletti Group

Website

https://borlettigroup.com

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

11–50 employees

Short description

Borletti Group is a privately owned Luxembourg-based investment group founded in 2005 that invests in international luxury, fashion, lifestyle, and consumer-branded companies through private equity, real estate, and asset management divisions. It has executed €3B+ in PE deal value across 8 acquisitions and manages over €400M in AUM.

Ownership category

akta.pro rank

Product category

Private Equity Investment Management

NAICS

Portfolio Management and Investment Advice (52394), Management of Companies and Enterprises (55111)

SIC

Investment Advice (6282), Operators Of Nonresidential Buildings (6512)

akta.pro primary industry

Small-Cap / Micro-Buyout (FSANABAD)

akta.pro secondary industries

Commercial Real Estate Asset Management (BPAJAMAB), Insurance General Accounts (Institutional Asset Owners) (FSAAAGAG)

Keywords

• Private equity investments
• Luxury brand investments
• Asset management services
• Consumer retail investments
• Lifestyle sector investments

Headquarters

HQ city

Luxembourg

HQ country

Luxembourg

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Others, Marketing or Sales

Revenue model

1. Private Equity Investment Returns: Borletti Group generates returns through private equity investments in luxury, fashion, lifestyle, and retail companies. The firm has completed 8 private equity acquisitions since 2005 with a total deal value exceeding €3 billion.
2. Asset Management Fees: Borletti's asset management division manages over €400M across all asset classes through proprietary Sicav SIF umbrella fund and co-managed funds like AZ FUND BORLETTI Global Lifestyle with Azimut.

Go-to-market motion1 record

Core offering

Borletti Group is a privately owned investment group deploying capital across three divisions—Private Equity, Real Estate, and Asset Management—into international luxury, lifestyle, retail, and consumer-branded companies. The firm has completed 8 private equity acquisitions exceeding €3 billion in deal value since 2005, manages €400+ million in assets through proprietary Sicav SIF sub-funds and the AZ FUND BORLETTI Global Lifestyle thematic equity fund partnered with Azimut, and holds a portfolio of retail, hotel, and office properties in Italy and San Marino.

Product overview

Borletti Group is a privately owned investment group operating three core business divisions: Private Equity, Real Estate, and Asset Management. The Private Equity division has completed 8 acquisitions exceeding €3 billion in deal value, focusing on luxury, fashion, lifestyle, and consumer branded goods companies across Europe and North America. Current active portfolio includes True Religion, Hippocrates Holding, Moose Knuckles, Twinset, and The Market. The Real Estate division manages retail, hotel, and office properties across Italian cities. The Asset Management division oversees €400+ million through proprietary funds including the Savile Multimanager Defensive and Dynamic sub-funds, and the AZ FUND BORLETTI Global Lifestyle thematic equity fund launched with Azimut.

Differentiator

Problem solved

Functional benefit

Brands

• Savile Multimanager Defensive: Sub-fund of the Savile Funds Sicav SIF focused on generating regular annual yield while preserving capital, primarily investing in fixed income related strategies.
• Savile Multimanager Dynamic
• AZ FUND BORLETTI Global Lifestyle

Products and services

• Private Equity Division
• Real Estate Division
• Asset Management Division
• Savile Multimanager Defensive
• Savile Multimanager Dynamic
• AZ FUND BORLETTI Global Lifestyle

Quantifiable outcome

• €3 billion+ in private equity deal value since 2005
• +1 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• AzimutcoreStrategic or Co-development Partner · 1 February 2020In February 2020, Borletti Group launched AZ FUND BORLETTI Global Lifestyle in collaboration with Azimut. This thematic long-only equity fund combines Borletti's industrial and managerial expertise with Azimut's asset management expertise.
• EntrepreneurscoreStrategic or Co-development PartnerBorletti Group partners with entrepreneurs to support their growth and strategic ambitions, leveraging global network and 30+ years of operational experience.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Investcorp: Bahrain-headquartered alternative investment firm with a long-standing consumer/luxury PE franchise (e.g., Tiffany, Gucci, L Catterton co-investments). Highly comparable to Borletti in deploying mid-market capital into branded consumer and luxury businesses globally.
• L Catterton: The world's largest consumer-focused PE firm, with deep exposure to fashion, beauty, and lifestyle brands. Directly comparable to Borletti in deal size (mid-to-large), sector focus, and hands-on brand-building model.
• Mayhoola for Investments: Qatari-backed private investment vehicle with significant luxury and fashion holdings (Balenciaga, Valentino, Pal Zileri). Comparable to Borletti as a private investment group targeting luxury/fashion brands with long-term horizons.
• Style Capital: Milan-based PE firm exclusively focused on Italian and European fashion/lifestyle brands (e.g., MSGM, Golden Goose). Direct comparable given similar sector specialisation, deal size, and Italian base of operations.
• Quadrivio Group: Italian alternative asset manager with dedicated Fashion & Lifestyle fund targeting mid-market Italian brands. Highly comparable to Borletti in sector focus, geography, and brand-building approach.
• Charme Capital Partners: Italian mid-market PE firm that has invested in luxury and consumer brands (e.g., Roberto Cavalli, Missoni). Comparable to Borletti in deal size, sector focus, and Italian operating context.
• Attestor Capital: European alternative investment firm with a flexible, multi-strategy mandate including consumer and brand investments. Comparable to Borletti in its flexible, opportunistic approach and European mid-market focus.

Broad incumbents

• Eurazeo: Paris-listed investment firm with a dedicated consumer and luxury brands strategy alongside broader PE. Comparable to Borletti in European mid-market luxury exposure but operates at a materially larger scale.

Emerging players

• Miura Partners: Spanish mid-market PE firm with consumer brands exposure. Comparable to Borletti in mid-market deal size and European consumer focus, though somewhat smaller and less brand-specialised.
• BSG Capital Partners: New York-based consumer-focused PE firm investing in mid-sized consumer brands. Comparable to Borletti in targeting branded consumer companies with check sizes in the small-to-mid-cap range.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

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

Investments1 record

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

Frequently asked questions about Borletti Group