NUO Capital
NUO Capital (branded NUO) is a Milan-based evergreen investment holding founded in 2016 by WWICL, the Hong Kong family office of the Pao Cheng family; since 2021 the Agnelli-Elkann holding Exor is a 50 percent co-shareholder alongside WWICL. It deploys patient, long-term minority and selective majority capital into premium Italian consumer and lifestyle brands with Asian growth potential, chaired by Stephen Cheng and led by CEO Tommaso Paoli. The firm reports roughly 500 million euros deployed across about fifteen companies. Its live official website is nuo.com.
Key facts
Recent exits
Coverage notes
1 fund tracked, 12 portfolio companies (10 active · 2 realized). Verified weekly from public filings and deal announcements.
Funds & portfolio
Every fund NUO Capital has raised, with its portfolio companies. Hand-checked from public filings.
NUO Capital EvergreenGrowth2016 · 10yr10 active · 2 realized
Unrealized
10 held| Company | Sector | Geo | Entry |
|---|---|---|---|
| Andriani | Consumer | Italy | 2022 |
| Bending Spoons | Software | Italy | 2019 |
| Bialetti | Consumer | Italy | 2025 |
| Ludovico Martelli | Consumer | Italy | 2019 |
| Montura | Consumer | Italy | 2021 |
| Sacs Tecnorib | Consumer | Italy | 2024 |
| SCARPA | Consumer | Italy | 2024 |
| Slowear | Consumer | Italy | 2018 |
| Subdued | Consumer | Italy | 2024 |
| Venchi | Consumer | Italy | 2021 |
Realized
2 exits| Company | Sector | Geo | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|---|---|
| Tannico | E-commerce | Italy | 2018 | 2022 | Trade Sale | – | |
| Terra Moretti | Consumer | Italy | 2017 | 2023 | MBO | – | – |
Saved GPs appear in your watchlist, one click from your workspace.
Similar firms
Other private equity firms tracked on GP Intel.
Italy·€15.0BItaly·€5.0BItaly·€4.3BItaly·€3.5BItaly·€3.5BItaly·€2.3BItaly·€2.3BItaly·€2.0BItaly·€1.0BItaly·€1.0BItaly·€800MItaly·€770M