Sienna Private Equity
Also known as SPE, Sienna Private Equity SAS
Paris and Milan mid-market buyout manager founded in 2022; first fund (~€400M) over 60% deployed in six deals; bought out from GBL in June 2026 by its founders with CNP, FG Bros and Impala.
Not to be confused with Sienna Investment Managers (Sienna Gestion / Sienna AM France, owned by Malakoff Humanis) or Sienna Venture Capital (GBL).
- HEADQUARTERS
- Paris, France
- FOUNDED
- 2022
- AUM
- €400M (2026)
- OUTSIDE CAPITAL
- Yes
- TEAM LISTED
- 6 people
Focus
- STAGES
- Buyout
- ASSET MIX
- Private equity
- GEOGRAPHY
- EuropeFranceItaly
Overview
Sienna Private Equity is a European mid-market buyout firm founded in Paris in 2022 by Vincent Catherine and Hugo d’Avout, later joined by Alessandro Fogo in Italy, with offices in Paris and Milan and about ten investment professionals. It focuses on France and Italy in business and healthcare services, leisure and entertainment and niche industrials, often through buy-and-build platforms. Its first fund was more than 60% deployed across six transactions in France, Switzerland, Italy and the UK by June 2026. Originally backed by Groupe Bruxelles Lambert, it was acquired from GBL in June 2026 by its founding partners together with Compagnie Nationale à Portefeuille, FG Bros and Impala.
Investment thesis
All-weather, flexible mid-market buyout strategy in Europe with a focus on France and Italy, in business and healthcare services, leisure and entertainment and niche industrials; primary transactions with entrepreneurial management teams, internationalisation of local champions, transformational M&A and buy-and-build.
PORTFOLIO (6)
- Independent Talent GroupNOTABLEMedia & Entertainment · since 2025
- Eight AdvisoryNOTABLEsince 2022
- TEC GroupConsumer & E-commerce · since 2025
- Tecosince 2025
- Ateliers VenetiConsumer & E-commerce · since 2025
- ECTClimate & Energy · since 2023
People
Links
Frequently asked questions
Sienna Private Equity is a private equity fund based in Paris, France, founded in 2022.
Yes. Sienna Private Equity invests its own capital in private companies.
Sienna Private Equity invests at Buyout stage in Media & Entertainment, Industrial & Manufacturing and Consumer & E-commerce.
Sienna Private Equity's stated ticket size is €25M–€100M.
Key people at Sienna Private Equity include Vincent Catherine (Managing Partner, co-founder), Hugo d’Avout d’Auerstaedt (Founding Partner), Alessandro Fogo (Partner and Head of Italy) and Bastien Roleau (Director).
Sienna Private Equity's investments include Independent Talent Group, Eight Advisory, TEC Group, Teco, Ateliers Veneti and ECT.
The most recent publicly reported investment by Sienna Private Equity is Independent Talent Group (Strategic partnership (SPE investment; ITG leadership retains a significant stake)), announced in Dec 2025.
Yes. Sienna Private Equity manages capital from outside investors.