Nextalia raised €1.1bn for its secondadecimal fund, NPE II, in just five months, a rare feat in a European market that has largely penalised newer players.

The first close alone has secured the fund’s core capacity of €1.2bn with a hard cap of €1.5bn, underscoring the confidence investors place in the platform’s proven model. Founder and CEO Francesco Canzonieri praised the result as “the most concrete proof that our model works and delivers results.”

NPE II will pursue the same strategy that drove NPE I: majority stakes inBitmap mid‑sized Italian companies central to the country’s strategic supply chains. The fund targets patient capital, accelerating internationalisation, opening new markets and strengthening management while keeping firms linked to local ecosystems.

Nextalia, founded in 2021, counts banks, insurers, family offices and industry associations—including Intesa Sanpaolo, Unipol Assicurazioni, the Gavio family (Aurelia) and Fin.prog Italia (Doris family)—as shareholders, positioning it as a system‑level platform rather than a conventional sponsor.