Key Takeaways
- • KKR is establishing a Milan office to expand its investment footprint in Italy, one of Europe's largest economies, marking a significant deepening of the firm's 20-year presence in the market.
- • The new office will operate across KKR's core business lines including Private Equity, Real Assets, Credit and Insurance, while also advancing the firm's private wealth business in Italy.
- • KKR has deployed over €10 billion in capital across Italy since 2005, with notable investments in FiberCop (wholesale fibre network), Enilive (energy transition), and CMC (sustainable packaging), demonstrating sustained commitment to strategically important sectors.
- • Marco Fontana, Partner in KKR's Infrastructure team, will lead the Milan office after relocating from London, while Nicolò Della Casa, Director in Private Equity, will relocate to lead PE activities in the market.
- • The office opening reflects KKR's localization strategy to capitalize on growing wealth management opportunities and evolving investment landscape in Italy following substantial capital deployment in telecommunications and energy sectors.
Summary
KKR & Co. announced plans to open a new office in Milan, strengthening the U.S. private equity firm's long-term investment presence in Italy and signaling expanded commitment to one of Europe's largest economies. The announcement underscores KKR's broader European localization strategy and positions the firm to deepen client partnerships while advancing its private wealth business in the Italian market.
The Milan office will serve as an operational hub across KKR's diversified investment platform, supporting activities in Private Equity, Real Assets, Credit and Insurance. Italy has represented a material market for KKR for over two decades, with the firm having deployed more than €10 billion in capital since 2005. This capital has been invested across core sectors including infrastructure, energy transition, and sustainable industrial businesses, reflecting KKR's strategic focus on long-term value creation and economic transformation opportunities within Europe's industrial base.
KKR's Italian portfolio demonstrates the firm's sector selectivity and commitment to transformation-oriented investments. Notable holdings include FiberCop, Europe's first wholesale-only, open-access fibre network; Enilive, a key player in Italy's energy transition; and CMC, a robotics-enabled sustainable packaging leader. These investments align with KKR's thesis around critical infrastructure modernization and the energy transition—sectors positioned to drive long-term economic growth.
Leadership of the Milan office will be vested in two senior KKR executives. Marco Fontana, Partner in KKR's Infrastructure team, will relocate from London to lead the office, while Nicolò Della Casa, Director in KKR's Private Equity team, will relocate to Milan to lead private equity operations. The firm's Client Solutions team will also expand locally to support relationship management and investor services. Co-CEOs Joe Bae and Scott Nuttall stated that Italy remains an important market for KKR, underscoring the firm's conviction in the Italian investment opportunity set and its commitment to sustained local presence and capital deployment.
The Milan office will serve as an operational hub across KKR's diversified investment platform, supporting activities in Private Equity, Real Assets, Credit and Insurance. Italy has represented a material market for KKR for over two decades, with the firm having deployed more than €10 billion in capital since 2005. This capital has been invested across core sectors including infrastructure, energy transition, and sustainable industrial businesses, reflecting KKR's strategic focus on long-term value creation and economic transformation opportunities within Europe's industrial base.
KKR's Italian portfolio demonstrates the firm's sector selectivity and commitment to transformation-oriented investments. Notable holdings include FiberCop, Europe's first wholesale-only, open-access fibre network; Enilive, a key player in Italy's energy transition; and CMC, a robotics-enabled sustainable packaging leader. These investments align with KKR's thesis around critical infrastructure modernization and the energy transition—sectors positioned to drive long-term economic growth.
Leadership of the Milan office will be vested in two senior KKR executives. Marco Fontana, Partner in KKR's Infrastructure team, will relocate from London to lead the office, while Nicolò Della Casa, Director in KKR's Private Equity team, will relocate to Milan to lead private equity operations. The firm's Client Solutions team will also expand locally to support relationship management and investor services. Co-CEOs Joe Bae and Scott Nuttall stated that Italy remains an important market for KKR, underscoring the firm's conviction in the Italian investment opportunity set and its commitment to sustained local presence and capital deployment.
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