Riello Investimenti SGR
Also known as Riello Investimenti, Riello Investimenti SGR S.p.A., Riello Investimenti Partners SGR
Independent Milan/Verona SGR founded by Nicola Riello running private equity, private debt (minibond) and agrifood impact venture-growth funds for Italian SMEs.
- HEADQUARTERS
- Milan, Italy
- FOUNDED
- —
- AUM
- —
- OUTSIDE CAPITAL
- Yes
- TEAM LISTED
- 10 people
Focus
- STAGES
- GrowthBuyout
- ASSET MIX
- Private equityPrivate creditVenture capitalImpactDirect investments
- GEOGRAPHY
- Italy
Overview
Riello Investimenti SGR is an independent Italian asset manager active for over 25 years in alternative investments, chaired by founder Nicola Riello with Luigi Terranova as CEO and managing partner. Its private equity funds take majority or qualified minority stakes in “Made in Italy” SMEs, its private debt funds (since 2016) structure and hold minibonds issued by Italian SMEs, and since 2024 its Linfa impact fund makes minority late-stage and growth investments in agrifood companies. Its investors include family offices, funds of funds, pension funds, casse di previdenza, banking foundations, insurers and banks.
Investment thesis
Majority or qualified minority stakes in Italian SMEs in typical “Made in Italy” sectors with solid fundamentals and market leadership, including generational transitions and buy-and-build; structured debt (minibonds) for SME growth; agrifood late-stage/growth companies with measurable environmental impact.
PORTFOLIO (16)
- Il Fornaio del CasaleNOTABLEFood & Agriculture
- Golden GooseNOTABLEConsumer & E-commerce · Exited (2015)
- Filtes InternationalIndustrial & Manufacturing · since 2025
- ApreamareConsumer & E-commerce · since 2025
- FoodnessFood & Agriculture
- Garmont InternationalConsumer & E-commerce
- CrociConsumer & E-commerce
- E.P. Elevatori PremontatiIndustrial & Manufacturing
- First AdvisoryFintech
- NeohFood & Agriculture · since 2026
- ForeverlandFood & Agriculture · since 2026
- FinappFood & Agriculture · since 2025
- Arsenale BioyardsBiotech & Life Sciences
- SoplayaFood & Agriculture · since 2024
- BevyFood & Agriculture · since 2025
- Exolab ItaliaFood & Agriculture · since 2025
People
- Nicola RielloFounder, Chairman · source
- Luigi TerranovaCEO & Managing Partner · source
- Marco VisiniInvestment Director Private Equity · source
- Alberto LamperticoInvestment Director Private Debt · source
- Michele BonomiSenior Investment Manager · source
- Giulio MarconiSenior Investment Manager · source
- Marco GaianiFounder, Linfa · source
- Mauro OdoricoCo-Founder, Linfa · source
- Federica LoconsoloHead of Institutional Investors & ESG · source
- Elena TibaldiHead of Fund Administration · source
Links
Frequently asked questions
Riello Investimenti SGR is a private equity fund based in Milan, Italy.
Riello Investimenti SGR invests directly in companies. Capital origin: third-party capital (fund LPs). Stated strategies include private equity, private credit, venture capital, impact and direct investments.
Riello Investimenti SGR invests at Growth and Buyout stages in Industrial & Manufacturing, Food & Agriculture, Consumer & E-commerce and Climate & Energy.
Riello Investimenti SGR's stated ticket size is €1M–€20M.
Key people at Riello Investimenti SGR include Nicola Riello (Founder, Chairman), Luigi Terranova (CEO & Managing Partner), Marco Visini (Investment Director Private Equity) and Alberto Lampertico (Investment Director Private Debt).
Riello Investimenti SGR's disclosed portfolio companies include Il Fornaio del Casale, Golden Goose, Filtes International, Apreamare, Foodness, Garmont International, Croci and E.P. Elevatori Premontati, among others.
The most recent publicly reported investment by Riello Investimenti SGR is Ecogest (€5M bonds (Impresa Italia II private debt fund)), announced in Jun 2026.