Private Equity FundAllocates capital directlyLAST VERIFIED Oct 2026 · 7 SOURCES

Ingenii SGR

Also known as Ingenii Società di Gestione del Risparmio S.p.A., INGENII SOCIETÀ DI GESTIONE DEL RISPARMIO S.P.A., INGENII sgr, Ingenii

Independent Milan SGR set up by banking managers (several ex-Banca Popolare di Milano); reserved closed-end direct-lending funds making MCC-guaranteed medium/long-term loans to Italian SMEs.

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

FOCUS

STAGES: Growth
SECTORS: —
ASSET MIX: Private credit
GEOGRAPHY: Italy

WHAT IT IS

Private Equity Fund. A fund manager investing limited-partner capital into mature private companies.

ABOUT

Ingenii SGR is an independent Milan asset management company set up by a group of managers with experience in finance and credit; the co-founders and managers listed on its site come largely from the Banca Popolare di Milano / Banco BPM group. It manages closed-end alternative investment funds reserved to professional investors that make medium- and long-term direct loans to Italian SMEs, always backed by the public guarantee of the Fondo di Garanzia managed by Mediocredito Centrale. Its first fund, Ingenii Sviluppo Impresa, was launched in November 2022 with €120m, and a second fund, Ingenii Open Finance, had raised about €100m of a €120m target by April 2023; one Italian bank anchored each fund.

INVESTMENT THESIS

Direct lending to Italian SMEs with loans assisted by the Mediocredito Centrale public guarantee, credit assessment done in-house, end-to-end guarantee management outsourced to NSA S.p.A.; funds reserved to professional investors.

TEAM

Annibale Ottolina
CEO (Amministratore Delegato), co-founder · source
Piero Sergio Lonardi
Chairman, co-founder · source
Paolo Testi
Director, co-founder · source
Antonio Maggiolini
Chief Investment Officer (Direttore Investimenti) · source
Laura Panzeri
Chief Financial Officer · source

FAQ

Ingenii SGR is a private equity fund based in Milan, Italy.

Yes. Ingenii SGR invests directly in private companies.

Ingenii SGR invests at Growth stage.

Key people at Ingenii SGR include Annibale Ottolina (CEO (Amministratore Delegato), co-founder), Piero Sergio Lonardi (Chairman, co-founder), Paolo Testi (Director, co-founder) and Antonio Maggiolini (Chief Investment Officer (Direttore Investimenti)).

Yes. Ingenii SGR manages capital from outside investors.