Borletti Group


Borletti Group is a privately-owned investment group with offices in London and Luxembourg.
Borletti Group operates in two sectors which have strong synergies:

Private Equity

Operating from London and Luxembourg, Borletti Group’s Private Equity division is a team of successful managers with entrepreneurial, industrial and financial backgrounds. The team has expertise of investing in three core sectors: retail, luxury/branded consumer goods and real estate with a retail component.

private equity

Asset Management

The asset management activity of Borletti Group was launched in 2013 with the creation of Borletti & Partners as a Luxembourg-based investment manager. This operates as a separate division distinct from the private equity operation. A key driving force of this new venture is to leverage the Borletti Group private equity expertise and its industry know how.

Asset management


The Borletti Family Office (Amministrazione Borletti) has invested on behalf of the Borletti family since 1865.

In 2005 Maurizio Borletti and Paolo De Spirt founded Borletti Group as an independent entity to attract third party investors to their private equity initiatives. While the Borletti Group is a separate entity from the Borletti Family Office, it shares its values of integrity and respect.

Both founders of Borletti Group brought a strong knowledge of the retail and luxury goods sectors and have since put together a series of deals that grew out of this experience:

  • 2005 - The private equity activity is separated into a new entity named Borletti Group
    - Acquisition of
    la Rinascente department store in Italy
  • 2006 - Printemps acquisition
  • 2007
  • 2008 - Karstadt acquisition
  • 2009
  • 2010
  • 2011 - Sale of la Rinascente
  • 2012
  • 2013 - Sale of Printemps
    - Opening of the London office
    - Launch of the Asset Management division

Our Mission

At Borletti Group our mission is to create value for shareholders and co-investors through investments in privately and publicly-held companies.
Our sector focus is vital in our investment approach because we grow these investments by using our expertise to play an active operating and strategic role alongside the management teams of companies. This active approach is the key to unlocking the value of our investments.

Our Values


Our big strength is an entrepreneurial and creative approach that leads to value creation.


This is very important to us. We strive to offer the highest standards of integrity, respect, professionalism and confidentiality. We provide total transparency in investments and we apply the most rigorous and disciplined approach to avoid conflicts of interest.


We only invest in businesses and sectors we know and we understand. So our focus is placed upon department stores, luxury/branded consumer goods and retail-oriented real estate.


We place a focus on excellence, quality and a high level of teamwork.


Industry Focus

Maurizio Borletti is a highly-successful entrepreneur and has been involved in the retail industry for over 20 years, driving the strong focus and recognition of Borletti Group in the luxury retail and department stores sectors.
Paolo De Spirt’s experience as a top manager in luxury and fashion groups such as Ferragamo and Ungaro, in addition to his track record as a retail chain entrepreneur, led to the creation of Borletti Group’s “active investor” approach.

Borletti Group is focused on three core sectors.

Retail and department stores

Borletti Group’s team has long standing expertise in the retail sector. It has a proven track record in department stores, having managed the successful repositioning of two of the major European players, consolidating their position of national leaders.

Luxury and branded consumer goods

Borletti Group is focused on finding great investments in luxury and branded consumer goods. The Group has a strong expertise in this sector which comes from the high levels of experience in its team.

Real estate

Borletti Group strives to find interesting real estate investment opportunities with a retail component. The team focuses on repositioning commercial properties by updating the existing physical structure, using their knowledge to allocate space to increase the rental value of the properties.