Private Equity FundPuts its own capital into companiesActive · deal in last 18 monthsLAST VERIFIED Oct 2026 · 19 SOURCES

Vam Investments

Also known as Vam Investments Group S.p.A., VAM Investments, VAM

Milan private equity firm doing majority buyouts and buy-and-build platforms in mid-to-large companies, investing partners' capital with family offices and institutional co-investors deal by deal.

HEADQUARTERS: Milan, Italy
FOUNDED: —
AUM: —
OUTSIDE CAPITAL: Yes
TEAM LISTED: 16 people

Focus

STAGES: Buyout
SECTORS: Consumer & E-commerce Climate & Energy Industrial & Manufacturing Media & Entertainment Fintech
ASSET MIX: Private equityDirect investments
GEOGRAPHY: Italy

Overview

Vam Investments Group S.p.A. is a Milan private equity firm formed as a partnership of entrepreneurs and private equity professionals who invest their own capital together with an international network of family offices and institutional co-investors. It runs buyouts and consolidation platforms in medium and large companies, taking majority or qualified minority stakes. Foreign institutional investors (funds of funds, co-investment and secondary funds) invest alongside it on a deal-by-deal basis. It reports 12 companies invested and more than 45 acquisitions completed.

Investment thesis

Buyouts and aggregation projects in medium and large companies across a broad range of sectors, building national champions; majority stakes with clear governance and a shared plan, qualified minorities considered; flexible, modular ticket co-invested deal by deal.

PORTFOLIO (13)

Groupe ChaumontNOTABLE
Industrial & Manufacturing · since 2026
Gruppo FlorenceNOTABLE
Consumer & E-commerce · since 2020
DentalProNOTABLE
since 2012 · Exited
Everest
Climate & Energy · since 2025
Orange Palestre Italiane (Gym Nation Italia)
Consumer & E-commerce · since 2025
Etjca group
Education · since 2025
Sicurezza e Ambiente
since 2020
Supermoney
Fintech · since 2021
Soundreef
Media & Entertainment · since 2015
Slam
Consumer & E-commerce · since 2021 · Exited
Conformgest
Mobility & Logistics · since 2022 · Exited
SSolar
Climate & Energy · since 2016 · Exited
Demenego
Consumer & E-commerce · since 2020 · Exited

People

Marco Piana
Managing Partner · source
Armando Golia
Partner · source
Davide Asteggiano
Partner · source
Luca Amedeo Masobello
Partner · source
Beatrice Ballini
Operating Partner · source
Carlo Di Biagio
Operating Partner · source
Michel Cohen
Operating Partner · source
Umberto Macchi
Operating Partner · source
Valentina Manfredi
Operating Partner · source
Francesca Rena
Investment Director · source
Giacomo Emanuele Romano
Capital Formation Director · source
Matteo Zocca
Investment Manager · source
Marta Romagnoli
Investment Manager · source
Antonio Di Paola
Investment Manager · source
Marcello Minora
Investment Manager · source
Viviana Finizio
Chief Financial Officer · source

Frequently asked questions

Vam Investments is a private equity fund based in Milan, Italy.

Yes. Vam Investments invests its own capital in private companies.

Vam Investments invests at Buyout stage in Consumer & E-commerce, Climate & Energy, Industrial & Manufacturing, Media & Entertainment and Fintech.

Key people at Vam Investments include Marco Piana (Managing Partner), Armando Golia (Partner), Davide Asteggiano (Partner) and Luca Amedeo Masobello (Partner).

Vam Investments's investments include Groupe Chaumont, Gruppo Florence, DentalPro, Everest, Orange Palestre Italiane (Gym Nation Italia), Etjca group, Sicurezza e Ambiente and Supermoney, among others.

The most recent publicly reported investment by Vam Investments is Groupe Chaumont (Buyout platform (four Swiss watch-component makers)), announced in Jun 2026.

Yes. Vam Investments manages capital from outside investors.