Siparex Expands Milan Investment Team with Key Addition
Investor - People | Jun 25, 2025 | Finance Community IT - 3 Private Equity

Siparex, a prominent European private equity firm with 3.7 billion euros in assets under management, is reinforcing its presence in Italy by expanding its investment team in Milan. This development is marked by the addition of Galeazzo Cornetto Bourlot, previously from Azimut Libera Impresa, who brings specialized mid-market expertise. Galeazzo joins the Siparex Midcap team, focusing on the deployment of the 300-million-euro Siparex Midcap 4 fund. The ETI strategy, spearheaded by Davide Vitrani, involves deploying the 500-million-euro Siparex ETI 5 fund in high-performance Italian companies. Siparex has been active in Italy since 2003, focusing on high-potential SMEs in industrial and service sectors. With the strategic expansion, Siparex strengthens its ability to identify investment opportunities and support portfolio companies, leveraging Italy's dynamic and entrepreneurial market.
Sectors
- Private Equity
- Mid-Market Investments
- Financial Services
Geography
- Italy – The article highlights Siparex's investment expansion and strategic presence in Italy, marking it as a crucial market for their private equity operations.
- Europe – Siparex operates widely across Europe, and their strategic activities in Italy are part of their broader European operations.
Industry
- Private Equity – The principal focus of the article is on Siparex's activities in private equity, particularly targeting investments in mid-market companies throughout Italy.
- Mid-Market Investments – Siparex's strategy centers around investments in mid-sized enterprises, aligning with their deployment of the Siparex Midcap 4 and ETI 5 funds.
- Financial Services – The article discusses investment strategies and deployment of funds, fundamental to the financial services industry.
Financials
- 3.7 billion euros – Total assets under management by Siparex.
- 300 million euros – Capital allocation for the Siparex Midcap 4 fund.
- 500 million euros – Capital allocation for the Siparex ETI 5 fund.
Participants
Name | Role | Type | Description |
---|---|---|---|
Siparex | Private Equity Firm | Company | A European private equity group actively investing in mid-market companies with substantial assets under management. |
Galeazzo Cornetto Bourlot | New Team Member | Person | Recently joined Siparex from Azimut Libera Impresa, focusing on the mid-market segment. |
Tomaso Barbini | Partner | Person | One of the leading partners of Siparex's investment team in Milan. |
Andrea Gianola | Partner | Person | Co-leading the Milan investment team at Siparex. |
Davide Vitrani | Head of ETI Strategy | Person | Responsible for leading the ETI strategy in Italy as part of Siparex's expansion plan. |
Guglielmo Cucchiara | Team Member | Person | Part of the ETI team in Italy, driving investments in the mid-market space. |