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Tages Capital SGR

Tages Capital SGR

Tages Capital SGR is a Milan-based Italian alternative asset manager and the private-markets arm of the Tages group, focused on renewable energy and infrastructure through a buy-and-hold strategy and on private debt for Italian small and medium enterprises. It is one of Italy's largest renewable energy operators with over 900 MW of installed capacity and manages more than 3 billion euros of gross asset value across four closed-end funds: Tages Helios, Tages Helios II, Tages Helios Net Zero and the Tages Credit Fund. Registered with the Bank of Italy as an AIFM (register no. 132), the firm is launching a new generalist infrastructure fund led by senior partner Carlo Michelini.

AUM
€3.0B
Funds
3
vintages 2015–2023
Portfolio
6
Exits
0
SectorsEnergy

Key facts

HQMilan, Italy
Employees50+

Recent exits

No exits recorded yet.

Coverage notes

3 funds tracked, 6 portfolio companies (6 active · 0 realized). Verified weekly from public filings and deal announcements.

Sector breakdown

6 companies
ClimateTech
5 · 83%
Mobility
1 · 17%

Funds & portfolio

Every fund Tages Capital SGR has raised, with its portfolio companies. Hand-checked from public filings.

3 funds
Tages Helios Net ZeroInfrastructure
2023 · 3yr€554M4 active

Unrealized

4 held
ClimateTechItaly· Entry 2024
ClimateTechItaly· Entry 2024
iPlanet
iPlanetActive
MobilityItaly· Entry 2024
ClimateTechItaly· Entry 2024
Tages Helios IIInfrastructureHarvesting
2018 · 8yr€477M1 active

Unrealized

1 held
ClimateTechItaly· Entry 2022
Tages HeliosInfrastructureHarvesting
2015 · 11yr€253M1 active

Unrealized

1 held
Delos Power
Delos PowerActive
ClimateTechItaly· Entry 2016
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Last updated July 2026 · Sourced from public filings · Report an issue