Borletti Group

Borletti Group

Borletti Group was established in 2005 by Maurizio Borletti and Paolo De Spirt. The firm manages wealth that originated from the Borletti family's long-term ownership of La Rinascente, the Italian department store chain sold in 2011. Headquartered in Luxembourg with a London office, the group invests across private equity, real estate and asset management. The investment program centers on private equity buyouts and growth equity in luxury, fashion and consumer brands. Confirmed positions include True Religion, Moose Knuckles, Hippocrates Holding and Twinset. Real estate holdings comprise retail assets such as Highstreet in Germany and San Marino Outlet Experience, plus hotel and office portfolios in Florence, Bologna and Turin. The firm also commits to infrastructure and hedge fund strategies through co-investments and fund commitments. Activity spans Europe and North America. Borletti Group reports more than €3 billion in cumulative private equity deal value and over €400 million in assets under management within its asset management division. The team includes Patrick Philion as Head of Private Equity and Gotzon De Gandiaga as Partner in public equity. In 2024 the firm completed the exit of Grandi Stazioni Retail. Adjacent vehicles include the Borletti-Buitoni Trust and the AZ FUND BORLETTI Global Lifestyle UCITS vehicle launched with Azimut in 2020. The group maintains membership in Altagamma and Comité Colbert, which provide direct access to European luxury brand networks. This association structure supports proprietary sourcing of both control investments and co-investments alongside other family offices and institutional partners.