Green Arrow Capital To Buy DeA Capital Alternative Funds SGR

By Amit Chowdhry • Aug 7, 2025

Green Arrow Capital has signed a binding agreement to acquire 100% of DeA Capital Alternative Funds SGR (DeAC AF), an asset management company controlled by the De Agostini Group. The acquisition, which is subject to regulatory approvals, will create Italy’s largest alternative investment manager.

This strategic deal will combine the two firms, resulting in a new entity with over €6 billion in assets under management (AUM), 32 funds, and a team of 167 professionals. The combined firm will offer a wide range of services across seven investment strategies, including Private Equity, Private Credit, and Real Estate.

Advisor: In the deal, Green Arrow Capital was assisted by Intesa Sanpaolo, IMI Corporate & Investment Banking Division, as financial advisor, and by Legance as legal counsel. DeA Capital Alternative Funds SGR was assisted by Mediobanca as financial advisor and by Giovannelli & Associati as legal counsel.

KEY QUOTES:

“We’re delighted and honoured to have signed such an important agreement, which brings DeA Capital Alternative Funds SGR, a company of recognized excellence, into our Group. This transaction represents a key milestone in our growth journey, positioning us as the largest alternative investment manager in Italy by size, with the ambition to compete internationally through a unique platform built on seven distinct investment strategies, capable of offering both domestic and international investors high hard-cap funds. We remain committed to investing in sustainable development and long-term value creation, for the benefit of the real economy and all our stakeholders”.

Eugenio de Blasio, Founder and CEO of Green Arrow Capital

“We are very proud to have supported DeA Capital Alternative Funds since its inception, guiding it through a significant growth journey that has made the company one of the leading independent alternative asset managers in Italy. We extend our heartfelt thanks to Gianluca Grea, Chairman, Gianandrea Perco, CEO, the Board of Directors, all investment teams, and support functions for their work to date. We wish them continued success. We are confident that, under Green Arrow Capital’s leadership, the company will further strengthen its standing in Italy and continue on its already well-established path of international growth.”

Enrico Drago, Executive Chairman of De Agostini S.p.A.