Who we are

DeA Capital Alternative Funds

DeA Capital Alternative Funds is the reference partner in Italy for alternative investments in private equity (both direct funds and funds of funds), in turnaround and NPL, with local and global exposure. The company boasts a solid track record and it is constantly driven towards innovation. Founded in 2006 focusing on Funds of Funds programs targeted to global markets, the company has gradually extended its business launching private equity direct funds (both generalist and thematic) and, then, specific investment programs dedicated to turnaround and NPL activities. As of today DeA Capital Alternative Funds manages € 6bn assets through 21 funds, and with the support of more than 70 professionals.

6Bn

AUM

70+

Professionals

21

Funds


Investors

More than 300 Limited partners have repeatedly granted us their trust; among them we can include sophisticated institutional investors and successful entrepreneurs. A detailed reporting system as well as direct access to the investment teams, allow our investors to constantly track their investments.

Assets under Management

Continuous and stable growth. Since the company inception, DeA Capital Alternative Funds’ strategy has been centered on the expansion and diversification of its investment funds offering. The company has proven its ability to understand the market environment and to offer solutions to the investors’ new needs.

Our story

  • 2023

    DeA Liquidity Solutions IV

    Alternative investment fund established with the aim of investing in secondary transactions, with international geographical diversification.

  • 2023

    DeA Endowment Fund II

    Fund of Funds focused on investments in Private Equity, Infrastructure, and Private Credit, with a target global geographical diversification, primarily in Europe and North America.

  • 2022

    Flexible Capital Fund

    Private Equity fund focused on business transformation, capable of investing in both equity and hybrid-debt instruments. This pioneer fund seeks to drive value by meeting the rising capital demand from companies in the post-pandemic scenario, by furnishing them with the resources and expertise needed to succeed in their transformation process.

  • 2022

    Sviluppo Sostenibile

    The 3rd closing was on January 2022 - Alternative investment fund specialized in Italian SMEs with active ESG promotion.

  • 2021

    Sviluppo Sostenibile & Taste of Italy 2

    Classified as Art.8 under SFDR Reg. 2019/2088

  • 2020

    Sviluppo Sostenibile

    Alternative investment fund specialized in Italian SMEs with active ESG promotion.

  • 2020

    Taste of Italy 2

    Second fund dedicated to the food & beverage sector in Italy and Spain.

  • 2019

    Italian Recovery Fund

    The fund has been managed by DeA Capital Alternative Funds since November 2019 when the NPL business division was acquired from Quaestio SGR.

  • 2019

    Fondo Atlante

    The fund has been managed since November 2019 by DeA Capital Alternative Funds when the NPL business division was acquired from Quaestio SGR.

  • 2019

    DeA Endowment Fund

    First alternative investment fund reserved for Banking Foundations according to performance targets, liquidity, risk and consistent allocation with the indications of the Foundations themselves. - Final closing was on March 2022.

  • 2018

    Idea Agro

    The first Italian private equity fund dedicated to investments in agricultural businesses, situated in Italian territory and operating in an eco-sustainable manner. An investment in Italy with a direct impact on the country’s real economy.

  • 2017

    IDeA CCR (Corporate Credit Recovery) II

    The second Italian closed-end investment fund of DIP (Debtor-in-Possession) Financing reserved to qualified investors. The fund is composed of two pockets: Credits Pocket and New Finance Pocket, and it aims to the recovery of medium-sized Italian companies, which are under financial strains but show sound industrial fundamentals.

  • 2016

    IDeA CCR (Corporate Credit Recovery) I

    The first Italian closed-end investment fund of DIP (Debtor-in-Possession) Financing reserved to qualified investors. The fund is composed of two pockets: Credits Pocket and New Finance Pocket, and it aims to the recovery of medium-sized Italian companies, which are under financial strains but show sound industrial fundamentals.

  • 2015

    Investitori Associati IV

    In April 2015, DEA CAPITAL ALTERNATIVE FUNDS took over Investitori Associati as management company of closed-end fund Investitori Associati IV.

  • 2014

    IDeA Taste of Italy

    Direct fund dedicated to the food & beverage sector in Italy, which is recognized among Italian excellences worldwide. The fund carries out both majority and minority (with strong governance rights) investments in mid-sized companies alongside the entire value-chain of the sector, providing mainly expansion and growth capital.

  • 2014

    ICF III

    First Italian multi-strategy & multi-manager fund. Composed by 3 different pockets, each with its own strategy; Core part (diversification by geography / strategy similar to IDEA I FUND OF FUNDS e ICF II), which adds a Credit / Distressed part (targeted to investors who privilege liquidity), and an Emerging Markets part (targeted to investors who privilege high risk / return).

  • 2013

    IDeA Global Growth

    Fund of funds reserved to qualified investors.

  • 2011

    IDeA Energy Effinciency and Sustainable Growth

    Direct fund dedicated to an industry recognized among Italian excellences in the world. It provides mainly expansion and growth capital to small and medium-sized companies, producing goods or providing services for energy efficiency and sustainable growth in order to support their organic and extraordinary development.

  • 2009

    ICF II

    Global private equity multi-manager fund with equal geographical allocation among United States, Europe and Emerging Markets. The portfolio has been diversified by strategy as follows: large buyout for approximately 21%, small-mid buyout for 37%, “opportunistically” special situations for approximately 11% and the remaining 31% for Expansion and Venture Capital. Also this program has selectively completed secondary market transactions in order to support its cash liquidity profile.

  • 2008

    IDeA Opportunity Fund I

    Direct fund which takes minority stakes independently or alongside top-tier investors, bringing new capital resources to finance the growth of portfolio companies.

  • 2007

    IDeA I Fund of Funds

    The first global private equity multi-manager fund established by IDEA CAPITAL. It focuses on buy-out, venture capital, expansion and distressed funds. The program has allowed a good diversification by geography with approximately 28% allocation to Europe, 6% to the United States, 40% to the rest of the world, and a 20% global allocation. Thanks to its secondary transactions, the investment program was able to diversify extensively, returning to investors excellent cash liquidity. The portfolio vintages span from 2000 to 2010.

  • 2006

    IDeA Capital Funds is established, now DeA Capital Alternative Funds

    Founded in December 2006, DEA CAPITAL ALTERNATIVE FUNDS is 100% owned by DeA Capital, a listed company on the Milan Stock Exchange, part of the De Agostini group.