Core Data & Major Asset Bets:
- The Expansion: U.S. private equity giant KKR & Co ($KKR.N) officially announced on Thursday, May 28, 2026, that it will open a new corporate office in Milan to deeply scale its Italian operations.
- The €19B Telecom Megadeal: Over the past two years, a KKR-led investor consortium successfully acquired Telecom Italia’s ($TLIT.MI) core fixed-line network for €19 billion ($22 billion).
- The €3.6B Energy Stake: KKR further expanded its regional footprint by purchasing a 30% equity stake in Italian energy giant Eni’s ($ENI.MI) biofuel subsidiary, Enilive, for approximately €3.6 billion.
Structural Operations & Leadership:
- Business Coverage: The new Milan hub will act as a unified center for KKR’s Italian operations across private equity, real assets, credit, corporate insurance, and its expanding private wealth business.
- Executive Leadership: * Marco Fontana (Partner, Infrastructure team) will serve as the overall head of the Milan office.
- Nicolò Della Casa (Director, Private Equity team) will lead KKR’s local private equity dealmaking activities.