Skip to content
Family-anchored FundPuts its own capital into companiesActive · deal in last 18 monthsLAST VERIFIED Oct 2026 · 7 SOURCES

Borletti Group

Privately owned investment group (Luxembourg and London) founded in 2005; private equity in retail, luxury and consumer brands, plus real estate and an asset management division.

USEFUL FOR Fund managers raising capital · Business owners seeking a long-term partner · Co-investors

Family & background

HEADQUARTERS
Luxembourg, Luxembourg
OFFICES
London
FOUNDED
2005
OUTSIDE CAPITAL
Yes — also manages others' money

Investment approach

SECTORS
Consumer & E-commerceReal Estate & PropTech
GEOGRAPHY
EuropeNorth America
STAGES
GrowthBuyout
ROUTES
Companies (own capital) · Funds (as LP)
STRATEGIES
Private equityReal estateDirect investmentsPublic equities
LATEST DEAL
Twinset (Buyout (with Quadrivio & Pambianco's Made in Italy Fund II)) · Jun 2025

Overview

Borletti Group is a privately owned investment group founded in 2005 by Maurizio Borletti and Paolo De Spirt, headquartered in Luxembourg with an office in London. It says it has family office roots and invests directly and alongside family offices and institutional investors, reporting over €3bn in deal value across private equity buyouts such as la Rinascente, Printemps, Grandi Stazioni Retail, True Religion and Twinset. It also owns retail, hotel and office real estate in Italy, and its asset management division (launched 2013) states it manages over €400m, including the Savile Sicav SIF sub-funds and the AZ Fund Borletti Global Lifestyle UCITS fund launched with Azimut.

Investment thesis

Flexible, hands-on investing without exit-time constraints in fast-growing, high-quality consumer goods, fashion, luxury, lifestyle and retail brands across Europe and North America; direct, co-investment, majority or minority stakes with strong governance, for enterprise values up to €1bn on an opportunistic basis.

Holdings & investments (10)

  • Twinset
    Consumer & E-commerce · since 2025
  • True Religion
    Consumer & E-commerce · since 2024
  • Zimmermann
    Consumer & E-commerce · since 2021 · Exited 2023
  • Hippocrates Holding
    Consumer & E-commerce · since 2020
  • Moose Knuckles
    Consumer & E-commerce · since 2019
  • MooRER
    Consumer & E-commerce · since 2019 · Exited 2023
  • The Market (San Marino Outlet)
    Real Estate & PropTech · since 2016
  • Grandi Stazioni Retail
    Real Estate & PropTech · since 2016 · Exited 2024
  • Printemps
    Consumer & E-commerce · since 2006 · Exited 2013
  • La Rinascente
    Consumer & E-commerce · since 2005 · Exited 2011

People

  • Patrick Philion
    Head of Private Equity · source
  • Viola Ferrario
    Director, Private Equity · source
  • Charles Burbeck
    Chief Investment Officer · source
  • Maurizio Borletti
    Founding Partner · source
  • Paolo De Spirt
    Founding Partner · source
  • Gotzon De Gandiaga
    Partner, Public Equity · source
  • Nicolò Porru
    Director of Real Estate & Operations · source

Frequently asked questions

Borletti Group is a family-anchored fund based in Luxembourg, Luxembourg, founded in 2005.

Borletti Group invests its own capital into companies and in third-party funds as an LP. Its stated asset mix includes private equity, real estate, direct investments and public equities.

Borletti Group invests at Growth and Buyout stages in Consumer & E-commerce and Real Estate & PropTech.

Key people at Borletti Group include Maurizio Borletti (Founding Partner), Paolo De Spirt (Founding Partner), Patrick Philion (Head of Private Equity) and Viola Ferrario (Director, Private Equity).

Borletti Group's holdings and investments include True Religion, Twinset, Hippocrates Holding, Moose Knuckles, The Market (San Marino Outlet), Grandi Stazioni Retail, Zimmermann and MooRER, among others.

The most recent publicly reported investment by Borletti Group is Twinset (Buyout (with Quadrivio & Pambianco's Made in Italy Fund II)), announced in Jun 2025.

Yes. Borletti Group manages capital from outside investors.