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Private Equity FundPuts its own capital into companiesActive · deal in last 18 monthsLAST VERIFIED Oct 2026 · 13 SOURCES

Alcedo SGR

Also known as Alcedo SGR S.p.A., ALCEDO SGR S.P.A., Alcedo

Treviso private equity SGR making growth buy-outs in Italian SMEs, with €5–35m tickets; manages Alcedo IV (€195m, 2016) and Alcedo V (€238m, 2021).

HEADQUARTERS
Treviso, Italy
FOUNDED
—
AUM
—
OUTSIDE CAPITAL
Yes
TEAM LISTED
5 people

Focus

STAGES
GrowthBuyout
SECTORS
Industrial & ManufacturingFood & AgricultureConsumer & E-commerceSoftware & SaaSHealthTech
ASSET MIX
Private equity
GEOGRAPHY
Italy

Overview

Alcedo SGR is a Treviso-based private equity manager of closed-end reserved alternative investment funds, which says it has invested in Italian companies, mainly SMEs, for over 35 years. It describes its approach as growth buy-outs built on partnership with entrepreneurs and managers, with growth both organic and through acquisitions. Its current funds are Alcedo IV (€195m raised in May 2016) and Alcedo V (€238m raised in 2021).

Investment thesis

Growth buy-outs (“Capitale per la Crescita”) in Italian SMEs, partnering with entrepreneurs and managers to grow companies organically and through acquisitions; €5–35m tickets.

PORTFOLIO (10)

  • EDG Enzo De GasperiNOTABLE
    Consumer & E-commerce · since 2026
  • Marino Belotti
    Industrial & Manufacturing · since 2024
  • PA ABS and PA Expertise (Gruppo PA)
    Software & SaaS · since 2024
  • EDEA
    Consumer & E-commerce · since 2024
  • Green Sustainable Packaging (GSP)
    Industrial & Manufacturing
  • Nethive
    Software & SaaS · since 2021
  • Bertoncello
    Food & Agriculture · since 2020
  • Aeromeccanica Stranich
    Industrial & Manufacturing · Exited
  • Gourmet Italian Food (Eurochef Italia)
    Food & Agriculture · Exited
  • Friulair
    Industrial & Manufacturing · Exited

People

  • Maurizio Tiveron
    Managing Partner · source
  • Filippo Nalon
    Managing Partner · source
  • Michele Gallo
    Managing Partner · source
  • Marco Guidolin
    Managing Partner · source
  • Alessandro Zanet
    Investment Director · source

Links

Frequently asked questions

Alcedo SGR is a private equity fund based in Treviso, Italy.

Yes. Alcedo SGR invests its own capital in private companies.

Alcedo SGR invests at Growth and Buyout stages in Industrial & Manufacturing, Food & Agriculture, Consumer & E-commerce, Software & SaaS and HealthTech.

Alcedo SGR's stated ticket size is €5M–€35M.

Key people at Alcedo SGR include Maurizio Tiveron (Managing Partner), Filippo Nalon (Managing Partner), Michele Gallo (Managing Partner) and Marco Guidolin (Managing Partner).

Alcedo SGR's investments include EDG Enzo De Gasperi, Marino Belotti, PA ABS and PA Expertise (Gruppo PA), EDEA, Green Sustainable Packaging (GSP), Nethive, Bertoncello and Aeromeccanica Stranich, among others.

The most recent publicly reported investment by Alcedo SGR is EDG Enzo De Gasperi (Buy-out of 70% by Alcedo V (eighth investment of the fund); founder keeps 30% via Hi-Dec Edizioni), announced in Feb 2026.

Yes. Alcedo SGR manages capital from outside investors.