Alvarium Investments, a global Multi-Family Office and investment company based in London, branches out to Italy through their brand-new Milan office. This expansion opens a whole set of opportunities for families, foundations and institutions across the region.
Milan branch is yet another strategic gem in Alvarium’s broad international platform. With offices in 14 locations across Europe, Americas and Pacific Asia, Alvarium offers partnership solutions for co-investing, investment and merchant banking advice as well as family office services. The assets under their advisory are estimated at $18 billion. But what’s in it for Italy?
According to the head of Alvarium’s Italian office, Francesco Fabiani, the company’s model is entirely unique to the Italian family office landscape. Alvarium will become a one-of-a-kind solution for internally generated direct investment opportunities in various geographies. For local families this will translate to simplified access to the market and higher interest returns.
Widely recognized as a trusted financial market consultant, Alvarium tends to focus beyond traditional asset classes. This means a potential boost for Italian real estate, technology, media and innovation economy sectors. The new Italian branch is also capable of offering M&A and private placement services in rapidly growing segments, such as digital media.
Another issue Alvarium is looking into is the current disregard of multi-generational perspective on the Italian UHNWI scene. One of the crucial tasks of family offices is engaging the younger generation of investors. This is often done by shifting the family’s attention to the path of ESG investments, which revolve around mindful asset management with consideration of Environmental, Social and Governance impacts. As stated by Fabiani, most Italian entrepreneurs have not yet begun the transition, and that’s one more thing that Alvarium is going to assist them with.
Overall, Alvarium’s new addition is going to be equally beneficial for both the investors within the region and the outsiders who are looking to interact with Italian families and individual professionals.