On March 25, 2025, the MCF Andrea Chianese, Head of Business Development, and Leonardo Ridella, Analyst, from Azimut Libera Impresa SGR. They provided an overview of Azimut Group and Azimut Libera Impresa’s funds and investment strategies, while discussing related detailed case studies.
The session was particularly engaging, as both guests are MCF Alumni. Andrea Chianese developed extensive expertise in corporate finance through senior roles at PwC, Barilla, Jones Lang LaSalle, Seci Energia, and Azimut Libera Impresa, specializing in restructuring and M&A. Leonardo Ridella acquired diverse experience in Private Equity and Investment Banking consulting at Azimut Libera Impresa, Dalphos, and PurpCascar.
Andrea Chianese began the session by introducing Azimut Group, highlighting its significant international presence, with €112 billion of AUM and a wide network of over 2200 financial advisors worldwide. Then, he emphasized Azimut Libera Impresa's strategic investment focus on private markets, highlighting specifically three key ESG-focused funds. Each fund was explored through specific case studies presented by Leonardo Ridella, allowing the class to better grasp the distinct investment strategies, valuation approaches, value creation levers, and exit options.
Notably, these cases underscored the importance of precise risk allocation across the construction, operational, and regulatory phases, ensuring that each party bore the appropriate level of responsibility. An extra case covered to a Private Equity fund targeting Italian SMEs in the transitions of digital and energy transformation. The value creation playbook included EBITDA growth, international revenue expansion, margin improvement, and cash generation. Exit strategies, again, included sales to strategic or financial investors or an IPO, each offering different paths in terms of valuation uplift, complexity, and timing.
Overall, the session provided a valuable deep dive into the different investment strategies and methodologies adopted by Azimut Libera Impresa across various funds. By analyzing real-world case studies, it offered practical insights into how ESG principles, structured Finance, and value creation levers are effectively applied in today's private markets landscape.
SDA Bocconi School of Management
Unlocking Europe's Unicorn Potential, empowering VC, PE and Entrepreneurs to grow from Startup to Scale-up in the FFF (Food, Fashion, and Furniture) and FS (Financial Services) Tech Sectors.
Padroneggiare strumenti e processi e affinare le soft skill utili alla funzione di controllo direzionale nel contesto di un’impresa sostenibile.
Il corso offre una panoramica completa delle strategie di investimento che si basano su progetti di impatto.
