21 NEXT Launches as New European Alternative Investment Platform
21 NEXT is a newly launched alternative asset management platform formed by the merger of two Italian-rooted investment firms: 21 Invest and 21 Tages. The combined entity brings together over 100 professionals managing 11 active funds, with approximately €3 billion in assets under management (AUM) today, aiming to exceed €10 billion within several years. Backed by Edizione—a major European industrial and financial holding company—21 NEXT is focused on private equity, energy transition, infrastructure, and private debt investments across Europe. The platform has received all necessary regulatory approvals from the European Commission, Italian Competition Authority, Bank of Italy, and French Autorité des marchés financiers. It operates with a strong emphasis on sustainability and long-term value creation for investors while supporting growth in portfolio companies through an industrial approach rooted in local market expertise across six key sectors. 21 NEXT is led by Chairman Alessandro Benetton and CEO Panfilo Tarantelli, with Edizione holding 55% of the ownership. The platform also benefits from €500 million in seed capital provided by Edizione to fuel future growth.
Topics: Alternative Asset Management European Investment Private Markets