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Private Equity FundPuts its own capital into companiesLAST VERIFIED Oct 2026 · 8 SOURCES

Apeiron Management

Also known as Apeiron Management S.p.A.

Milan investor and advisor founded in 2017 for Italian mid-market credit, structured capital and special situations; runs the Apollo Delos platform with Apollo-managed funds.

Milan special-situations investor and advisor (Italy), partner of Apollo in the Apollo Delos platform. Not to be confused with Apeiron Investment Group (Malta, Christian Angermayer).

HEADQUARTERS
Milan, Italy
FOUNDED
2017
AUM
—
OUTSIDE CAPITAL
Yes
TEAM LISTED
5 people

Focus

STAGES
—
SECTORS
—
ASSET MIX
Private creditPrivate equity
GEOGRAPHY
Italy

Overview

Apeiron Management S.p.A. is a Milan-based investor and advisor founded in 2017 that focuses on mid-market opportunities in Italy across corporate credit, structured capital, special situations and real estate lending. Since 2018 it has run the Apollo Delos platform, an investment partnership with funds managed by affiliates of Apollo Global Management that invests in Italian corporate debt, receivables, insolvency compositions and other stressed and distressed assets. Apeiron supports origination, due diligence, structuring, execution and management of the platform's transactions.

Investment thesis

Structured capital (preferred equity, convertibles, mezzanine, debt with warrants) for mid-market companies; special situations including turnarounds, distressed credit, insolvency procedures and receivables; senior and mezzanine real estate loans to mid-market sponsors.

People

  • Alessandro Fracanzani
    Founding Partner & CEO · source
  • Roberto Maiello
    Co-Founding Partner · source
  • Alessandro Acquaviva
    Partner · source
  • Andrea Graziani
    Partner · source
  • Emanuele Torre
    Partner · source

Links

Frequently asked questions

Apeiron Management is a private equity fund based in Milan, Italy, founded in 2017.

Yes. Apeiron Management invests its own capital in private companies.

Key people at Apeiron Management include Alessandro Fracanzani (Founding Partner & CEO), Roberto Maiello (Co-Founding Partner), Alessandro Acquaviva (Partner) and Andrea Graziani (Partner).

Yes. Apeiron Management manages capital from outside investors.