# H14

H14 is a Single Family Office based in Milan, Italy.

## Overview

- **Organization type:** Single Family Office
- **Headquarters:** Milan, Italy
- **Region:** Europe
- **Address:** Via San Giovanni sul Muro 9, 20121 Milano, Italy
- **Founded:** 1978
- **Assets under management:** 350 (Altss estimate)
- **Website:** h14.it
- **LinkedIn:** https://www.linkedin.com/company/holding-italiana-quattordicesima---h14/

## Regulatory record

- **Reports private funds:** No

## About

H14 S.p.A. was established in 1978 in Milan as the primary vehicle for managing Berlusconi family interests. Its largest disclosed holding remains the qualified stake in Fininvest S.p.A., the Italian media conglomerate. The office maintains additional direct holdings in real estate assets including B Cinque S.r.l. and Mi Home in Milan. Investment activity spans direct venture and growth equity, commitments to private equity and hedge funds, and real estate. Confirmed positions include Young Platform and Cardi Gallery. Capital is allocated across Europe and North America with opportunistic exposure to emerging markets. The firm participates in both fund commitments and direct co-investments, often alongside other Italian and European family offices. H14 employs an internal board that includes Luigi Berlusconi as chairman together with Barbara Berlusconi, Eleonora Berlusconi, Geronimo La Russa and Furio Pietribiasi. The firm is an active member of AIFI, the Italian private equity and venture capital association. No additional offices outside Milan are disclosed. In the last 24 months the board composition and investment posture have remained unchanged. H14's structure is defined by its permanent qualified shareholding in Fininvest alongside a separate multi-asset portfolio. This dual mandate creates a governance link between the operating media business and the family's diversified financial holdings that is uncommon among European single-family offices.

## Sectors

- Media & Entertainment
- FinTech
- Venture Capital
- Private Equity
- Real Estate
- Luxury

## People

- Luigi Berlusconi — Chairman
- Barbara Berlusconi — Board member and shareholder
- Eleonora Berlusconi — Board member and shareholder
- Geronimo La Russa — Board member
- Furio Pietribiasi — Board member

## Questions

### Who runs investment decisions at H14?

Luigi Berlusconi serves as chairman. Barbara Berlusconi, Eleonora Berlusconi, Geronimo La Russa and Furio Pietribiasi sit on the board and participate in investment oversight.

### Does H14 participate in fund commitments or only direct deals?

H14 makes both fund commitments to private equity and hedge funds and direct co-investments in venture and growth companies.

### What investment stages does H14 typically target?

The firm focuses on venture capital and growth equity stages for direct investments.

### Which geographies does H14 cover?

Primary activity is in Europe and North America with opportunistic allocations to emerging markets.

### Is H14 a member of any industry associations?

H14 is an active member of AIFI, the Italian association for private equity, venture capital and private debt.

### Does H14 maintain philanthropic structures?

Fondazione Barbara Berlusconi operates as a separate philanthropic vehicle linked to the family.

## Related profiles

- [Alto Partners](https://altss.com/profile/alto-partners)
- [Hallador Investment Advisors](https://altss.com/profile/hallador-investment-advisors)

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Last updated: 2026-08-10T15:54:10.904Z

Canonical page: https://altss.com/profile/h14

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology