What Kyip Capital does

Kyyp Capital SGR S.p.A. (branded Kyip Capital) is an independently owned Italian asset management company founded in 2020 and headquartered in Milan, registered under the Albo delle Società di Gestione del Risparmio as an alternative investment fund manager. The firm operates a growth buyout strategy targeting Italian lower-mid market SMEs, deploying equity tickets of €3M-€20M in both majority and minority positions, with a thematic focus on digital transformation and impact investing. Kyip manages two flagship vehicles: the Kyip Investment Fund (KIF), dedicated to digital transformation of SMEs, and the Kyip Impact Mission Fund (KIM), an Article 9 SFDR impact fund focused on health and wellbeing with a €60M target raise by 2025. Aggregate assets under management exceed €190 million.

The firm executes a value-creation playbook centered on pairing capital with sector and digital expertise, an extensive professional network, and active operational support across buy-and-build, commercial optimization, and financial structuring. Its portfolio comprises eight companies spanning digital services (Datlas Group, €60M revenue), higher education (Plena Education, €27M+ revenue), vocational training (Istituto Volta, €15M revenue), IT services (Errevi System, €32M revenue), healthcare (Confident Società Benefit, €10M revenue; Chiron Group, €21M+ revenue), human capital solutions (ETJCA), and infrastructure monitoring (GESTECNO). The firm is governed by founding partners Luciano Hassan (President), Gianluca Losi (CEO), Carlo Privitera (Digital & Operations), Eugenio Conforti (Head of Impact Program), and CFO Maria Margherita Giovanardi, supported by an investment team of associates and analysts, plus senior advisors and business partners.

Revenue is generated through traditional private equity fund management fees on AUM and performance fees (carried interest) on realized investment returns. Kyip's go-to-market for deals is direct outreach and proprietary network sourcing, while fund capital is raised from institutional investors and qualified LPs, with Fondo Italiano d'Investimento SGR as a visible anchor backer of KIM and co-investor. The firm has been a signatory of the UN Principles for Responsible Investment and committed to the UN Global Compact since 2021.

Name

Kyip Capital

Legal name

KYIP Capital SGR S.p.A.

Website

https://www.kyipcapital.com/en/press-releases

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Private Equity / Growth Buyout Fund Management

NAICS

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

SIC

Finance Services (6199)

akta.pro primary industry

Management Buyout / Management Buy-In (MBO/MBI) (FSANABAL)

Keywords

• Growth buyout fund
• Private equity
• Digital transformation
• Impact investing
• SME investment

Headquarters

HQ city

Milano

HQ country

Italy

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Fund Management Fees and Performance Fees (Carried Interest): KYIP Capital generates revenue through management fees charged on assets under management and performance fees (carried interest) on investment returns, typical of private equity/growth buyout fund structures.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

KYIP Capital SGR S.p.A. is an Italian growth buyout fund management company that invests in Italian Small & Medium Enterprises with high digital transformation potential. The firm manages two funds — KYIP Investment Fund (KIF) for digital transformation and KYIP Impact Mission Fund (KIM) targeting health and wellbeing (Article 9 SFDR) — deploying equity tickets between €3M and €20M per transaction in both majority and minority positions. Revenue is generated through management fees on assets under management (exceeding €190M) and carried interest on investment returns.

Product overview

Kyip Capital is a growth buyout fund management company (KYIP Capital SGR S.p.A.) focused on helping Italian SMEs digitally transform their businesses. The firm does not offer a unified product platform but rather manages a portfolio of eight distinct portfolio companies across digital services, education, IT services, and healthcare sectors. The portfolio includes: Datlas Group (digital business process services), Plena Education (higher education platform), Istituto Volta (vocational training), Errevi System (ICT/cloud/cybersecurity services), Confident (dental healthcare network), ETJCA (human capital solutions), Chiron Group (diagnostics and outpatient healthcare), and GESTECNO (infrastructure sensor monitoring technologies). Each portfolio company operates independently with its own product offerings, customer base, and technical infrastructure.

Differentiator

Problem solved

Functional benefit

Products and services

• KYIP Investment Fund (KIF) A growth buyout fund managed by KYIP Capital SGR S.p.A. that invests in Italian lower-mid market SMEs (B2B manufacturing/services, technology, education, and other growth sectors) with high digital transformation potential. Equity tickets typically range between €3M and €20M, in both majority and minority positions. Targeted at entrepreneurs and managers seeking capital plus digital and operational expertise.
• KYIP Impact Mission Fund (KIM) An Article 9 SFDR impact investing fund managed by KYIP Capital that invests in Italian SMEs operating in the health and wellbeing sectors. Fundraising target of €60M by 2025; KIM's first investment was Confident Società Benefit in February 2025. Targeted at investors seeking exposure to impact-driven growth buyout opportunities in healthcare and adjacent verticals.

Quantifiable outcome

• Datlas Group achieved €60 million revenue and ~€10 million EBITDA following KYIP's 2021 investment and 2022 Selecta acquisition.
• +6 more outcomes

Named customers8 records

Segments2 records

Ideal customer profiles2 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered minor.

• ELITE Network (Euronext Group)minorStrategic or Co-development Partner · 24 February 2026Chiron Group is part of the ELITE network, the Euronext Group ecosystem supporting SMEs in their growth and access to private and public capital markets. This association supports portfolio companies' access to capital markets.
• CFI GroupminorOthers · 24 February 2026CFI acted as exclusive financial advisor to Chiron Group in the transaction involving KYIP Capital's acquisition of a 36% minority stake.
• UN Global CompactminorOthers · 1 January 2021Since 2021, KYIP Capital SGR S.p.A. has been committed to the UN Global Compact corporate responsibility initiative and its principles in the areas of human rights, labour, the environment, and anti-corruption. KYIP displays the UN Global Compact logo on its communications.
• UN Principles for Responsible Investment (UN PRI)minorOthers · 1 January 2021KYIP Capital is a signatory of the United Nations Principles for Responsible Investments (UN PRI), demonstrating commitment to responsible investment practices. KYIP displays the PRI logo on its communications.

Scale indicators5 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Palladio Finanziaria: Italian private equity firm focused on Italian mid-market growth buyouts with sector-driven theses; mirrors KYIP's niche SME transformation mandate.
• Quadrivio Capital Partners: Italian private equity and venture manager that deploys growth and mid-market capital into Italian SMEs across digital, lifestyle, and industrial verticals - highly comparable to KYIP's growth buyout, digital-transformation thesis.
• Wisequity: Italian mid-market buyout private equity firm focused on entrepreneur-led Italian SMEs with €3-€20M tickets. Closely mirrors KYIP's lower-mid market, B2B services mandate.
• Charme Capital Partners: Italian growth-stage private equity firm investing in Italian and European SMEs with cross-border ambitions. Comparable to KYIP on growth equity for SME founders.
• HAT SGR: Italian asset manager operating PE and credit funds targeting Italian SMEs; one of the few Italian private debt and equity houses similar to KYIP.
• Gradiente SGR: Italian mid-market private equity manager investing in growth-oriented SMEs with sector specialisation; comparable peer on lower-mid market Italy-focused growth buyouts.
• Anthilia Capital Partners: Italian asset manager offering PE, credit and thematic funds to Italian SMEs; overlaps directly with KYIP's two-fund (equity + credit-adjacent) strategy.

Broad incumbents

• Clessidra Capital Credit: Established Italian PE and credit house that underwrites unitranche for KYIP portfolio companies (e.g., €17M for Errevi). Larger in AUM and scope than KYIP but operates in the same Italian mid-market deal flow.
• Finint Investments: Italian investment management group with PE, credit and infrastructure strategies for SMEs and mid-market companies. Bigger AUM and broader mandate than KYIP.
• Investitori Associati: One of the longest-standing Italian mid-market PE managers focused on Italian entrepreneurial SMEs. A larger, more mature peer alongside KYIP's growth-buyout positioning.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 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&A4 records

Investments1 record

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

Frequently asked questions about Kyip Capital