3IP Space Fund is the first private equity strategy focused on Italian, small-mid cap companies in the space economy.
STRATEGY
3IP Space Fund is the first private equity strategy focused on Italian, small-mid cap companies in the space economy.
Focus
profitable, proven, scalable businesses embedded in global value chains
Sectors
manufacturing, telecommunications, software and data
Applications
dual-use and multi-purpose
Edge
disciplined private equity execution enhanced by proprietary Industrial and scientific expertise
The Italian space industry is the fourth largest in Europe and one of the largest in the world. Its supply chain is composed of hundreds of SMEs with a competitive advantage in terms of product and technology rooted in engineering excellence, hardly replicable regional clusters and decades of investment in R&D that receive the highest international certifications and are valued critical hinges of the global space economy ecosystem. These companies benefit from durable barriers to entry.
INVESTORS
We provide growth capital to established companies, led by ambitious entrepreneurs, with a consistent focus on downside protection and alpha generation.
Fund size:
Target €150 million
Portfolio:
8-12 companies
Target revenues:
€8-80 million
Profitability:
Positive EBITDA
Geographic focus:
≥80% Italy
Fund duration:
10 years (5-year investment period)
ESG:
Article 8
Footnote: Financial targets are indicative and not restrictive.
Investment team
INVESTMENT COMMITTEE
Umberto Mosetti
CEO and CIO, 3IP SGR — Key Manager
Former Head of Amber Capital Italy, ex-Morgan Stanley, Leonardo, Consob.
PI
Partner & Key Manager*
20+ years in private equity; 30+ SMEs transactions executed; ~€500m deployed; >2.4x MoIC realized.
AS
Partner & Key Manager*
16+ years in private equity and investment banking; ~€850m deployed; >3.0x MoIC; >80% realized.
SCIENTIFIC AND TECHNICAL ADVISORY
Antonio Carcaterra
Scientific Key Manager
Director of DIMA and Full Professor of Applied Mechanics. Expert in mechatronics and aerospace systems.
DIMA - Sapienza
Exclusive Partnership
Italy’s leading academic department in aerospace.
Provides technical evaluation of existing technologies, support in their future development, value-chain expansion and applications in agriculture, security, mobility, finance and beyond.
SENIOR EXPERTS
Luigi Calabria
Senior Expert – Industry
Chairman of 3IP SGR. Former Director of Finance of Leonardo, where he led the Group’s privatization and multiple IPOs, including Finmeccanica, Ansaldo STS, STMicroelectronics, and Elsag Bailey
Martino Boffa
CFA Senior Expert Markets
Former Director and Portfolio Manager at McKinley Management LLC (Chicago). Previously Director at Credit Suisse (London) and Managing Director at Société Générale (New York)
* Names withheld for confidentiality. Appointments finalised; identities disclosed to prospective investors for due diligence.
OUR APPROACH TO PORTFOLIO COMPANIES AND ENTREPRENEURS
Our Philosophy – Scaling what already works. We respect that great companies are built on culture, heritage, and entrepreneurial drive.
Our Commitments
Bringing tangible value through our network, industrial expertise, and scientific capabilities
Respecting entrepreneurial leadership — supporting, not replacing, what has made your business successful
Acting with integrity and consistency —doing what we say
True alignment of interests — we invest alongside you and succeed only if you succeed
What We Look For
Proven companies (no early stage)
Led by driven entrepreneurs
Operating in the space economy or its adjacent industries
Key Growth Levers
Value-chain expansion — moving into higher-value systems and applications
Internationalization — taking Italian excellence to global markets
Consolidation — scale fragmented niches
Dual-use and multipurpose applications — extending technologies into new sectors
We support generational transitions, ensuring continuity while accelerating growth.
How We Partner
Our role is to amplify what makes your business unique—not to replace it.
We provide:
Growth capital to scale what already works
Industrial, Financial and Strategic expertise
Scientific validation and technical insight
Support for Product Expansion and Technologic Development
Access to a deep networkof partners, and institutions