Nextalia Targets €1.5 Billion Hard Cap for Second Italian Private Equity Fund
Nextalia is fundraising for its second flagship private equity fund, targeting €1.2 billion and setting a €1.5 billion hard cap. The vehicle will focus on Italian companies and industrial platforms.
MSA market desk
Desk brief
Nextalia Investment Management is raising its second flagship private equity vehicle, Nextalia Private Equity II, to invest in high-growth Italian companies and build industrial platforms. The fund has a target size of €1.2 billion and a hard cap of €1.5 billion, according to public corporate and regulatory disclosures. ([finanza.repubblica.it](https://finanza.repubblica.it/News/2025/12/19/nextalia_confcommercio_entra_nel_capitale_enpam_doris_e_gavio_salgono_al_3percento-135/?utm_source=openai))
The fundraising follows strong deployment from Nextalia’s first private equity fund, which the firm said was more than 90% invested when the new strategy was launched. Nextalia manages more than €2 billion across equity, credit and venture strategies, positioning the new vehicle as a central part of its expansion in Italy’s private markets. ([nextalia.com](https://nextalia.com/wp-content/uploads/2026/04/NCO-Nextalia-completa-quattro-dismissioni-immobiliari.pdf?utm_source=openai))
The fund’s focus on Italian mid-market businesses could support consolidation, operational investment and succession-driven transactions. It also signals continued institutional appetite for locally focused private equity despite a more selective European fundraising environment.
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