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Private Equity FundPuts its own capital into companiesActive · deal in last 18 monthsLAST VERIFIED Oct 2026 · 12 SOURCES

B4 Investimenti SGR

Also known as B4 Investimenti Società di Gestione del Risparmio S.p.A., B4 Investimenti, B4

Independent Rome and Milan SGR founded in 2012; private equity in Italian SMEs with €10M–€50M revenue through three funds raised from a club of private investors (B4 H I–III).

HEADQUARTERS
Rome, Italy
FOUNDED
2012
AUM
—
OUTSIDE CAPITAL
Yes
TEAM LISTED
6 people

Focus

STAGES
GrowthBuyout
SECTORS
Industrial & ManufacturingConsumer & E-commerceFood & Agriculture
ASSET MIX
Private equity
GEOGRAPHY
Italy

Overview

B4 Investimenti is an independent asset management company founded in 2012 by Fabrizio Baroni, its majority shareholder and managing partner, with offices in Rome and Milan. It makes private equity investments in Italian SMEs with revenues of €10M–€50M, typically one or two deals a year, largely off-market. Its three funds (B4H I–III) are raised from a network of private investors and entrepreneurs, the “Club B4”.

Investment thesis

Majority and partnership deals alongside founders and managers of Italian industrial SMEs with €10M–€50M revenue operating in niche, export-oriented markets; focus on managerialisation, internationalisation and M&A-driven growth.

PORTFOLIO (10)

  • Frana – PolifibreNOTABLE
    Industrial & Manufacturing · since 2026
  • VAY
    Consumer & E-commerce · since 2026
  • Ferper
    Industrial & Manufacturing
  • GWC
    Industrial & Manufacturing · since 2024
  • Sa.No.
    Food & Agriculture
  • Hitrac
    Industrial & Manufacturing
  • Lazzerini
    Mobility & Logistics
  • Koverlux
    Consumer & E-commerce
  • Agrimaster – Breviglieri
    Food & Agriculture
  • Migeca – Ca’Puccino
    Consumer & E-commerce

People

  • Fabrizio Baroni
    Founder and Managing Partner; CEO · source
  • Beniamino Viscogliosi
    Partner · source
  • Girolamo Rallo
    Chief Financial Officer · source
  • Giovanni Vecchio
    Principal · source
  • Leonardo Ceriani
    Investment Associate · source
  • Antonio Segni
    Chairman of the Board · source

Links

Frequently asked questions

B4 Investimenti SGR is a private equity fund based in Rome, Italy, founded in 2012.

Yes. B4 Investimenti SGR invests its own capital in private companies.

B4 Investimenti SGR invests at Growth and Buyout stages in Industrial & Manufacturing, Consumer & E-commerce and Food & Agriculture.

Key people at B4 Investimenti SGR include Fabrizio Baroni (Founder and Managing Partner; CEO), Beniamino Viscogliosi (Partner), Girolamo Rallo (Chief Financial Officer) and Giovanni Vecchio (Principal).

B4 Investimenti SGR's investments include Frana – Polifibre, VAY, Ferper, GWC, Sa.No., Hitrac, Lazzerini and Koverlux, among others.

The most recent publicly reported investment by B4 Investimenti SGR is Frana – Polifibre (Majority buyout (B4 H III EuVECA)), announced in Jun 2026.

Yes. B4 Investimenti SGR manages capital from outside investors.