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WRM Group
WRM Group was established in 2009 by Italian-British financier Raffaele Mincione. The firm draws its capital base from Mincione’s prior work in banking and...
WRM Group
WRM Group was established in 2009 by Italian-British financier Raffaele Mincione. The firm draws its capital base from Mincione’s prior work in banking and special-situations private equity. It operates from Monaco with additional offices in London, Luxembourg and Milan. The group allocates across private equity, real estate and special situations. It executes direct co-investments and SPVs while also pursuing distressed and turnaround opportunities. Confirmed holdings include 60 Sloane Avenue in Chelsea and WRM Fondo Immobiliare Fl1 in Italy. The firm has examined opportunities in an Angolan oil project and maintains a Bitcoin position. Activity remains centered in Europe with particular attention to Italy. No public figure for assets under management has been released. The team includes Gianluigi d’Andria as Managing Director and Julian Jacobson as Chairman of WRM Group Holdings SA. Adjacent vehicles comprise WRM Capinvest, WRM Capital Asset Management and WRM Real Estate Services. The firm belongs to the Italian Venture Capital Association and the International Corporate Governance Network. WRM Group maintains an activist posture that allows it to influence governance at portfolio companies. This approach stems from its mandate to manage illiquid assets and exploit pricing inefficiencies. The structure separates investment activities from any philanthropic vehicles linked to the Mincione family.
General information
Firm type
Multi Family Office
Year founded
2009
Location
Region
Europe
Country
Monaco
City
Monaco
Corporate office
Monaco, Monaco
Additional offices
London, United Kingdom · Luxembourg · Milan, Italy
Principals
Raffaele Mincione
Founder
Gianluigi d’Andria
Managing Director
Julian Jacobson
Chairman of the Board of WRM Group Holdings SA
Sector focus
Frequently asked questions
Who runs investment decisions at WRM Group?
Raffaele Mincione serves as founder and principal. Gianluigi d’Andria acts as managing director and Julian Jacobson chairs the board of WRM Group Holdings SA.
How does WRM Group source proprietary deal flow?
The firm leverages relationships built during Mincione’s banking career. It targets mispriced or illiquid assets in Italy and other European markets.
Is WRM Group structured as a single family office or does it operate more like a venture firm?
WRM Group functions as a multi-family office. It provides investment management and advisory services to multiple families rather than operating a venture-style fund.
Does WRM Group participate in fund commitments or only direct deals?
The firm executes direct co-investments and SPVs. It also holds positions through vehicles such as WRM Fondo Immobiliare Fl1.
What investment stages does WRM Group typically target?
The group focuses on distressed and turnaround situations. It invests across the capital structure of target companies in private equity and real estate.
Where does the underlying wealth come from?
Capital originates from Raffaele Mincione’s career in investment banking and special-situations private equity.
What is WRM Group’s known posture on co-investments alongside external GPs?
The firm has co-invested in club deals, including with Massimo Zanetti. It maintains an activist stance when it takes positions.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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