Novaterra Launches as New Evergreen Investment Holding Company Focused on Building Global Industrial Champions
Milan, 27 May 2025 – Novaterra, a new evergreen investment holding company based in Milan and London, has officially launched with the goal of building and scaling global industrial champions with strong technological or scientific defensibility. The company aims to revolutionize traditional Venture Capital and Private Equity models by adopting a long-term, permanent capital approach.
Novaterra has gained significant momentum with the support of prominent new shareholders, including Emma and Antonio Marcegaglia, Fabio Innocenzi, Massimo Armanini, Lorenzo Poli, Denis Faccioli, and Franco Beccaria. These shareholders, led by Luca Quagini, have a wealth of capital and deep industrial expertise. They are joined by the Sella Group Holding, known for its commitment to innovative entrepreneurial ventures, and by Novaterra’s founding shareholders, including Galeazzo Pecori Giraldi, Guglielmo Notarbartolo di Villarosa, and Roger Abravanel.
After a successful capital increase, Giuseppe Balzano has been appointed as CEO of Novaterra. Balzano will be responsible for driving the group’s strategy and international growth.
Novaterra’s focus is on investing in “critical companies” – businesses that are essential to resilient industrial supply chains across strategic sectors such as energy, chemicals, aerospace, and pharmaceuticals. These sectors are vital to Europe’s competitiveness and sovereignty.
The company recognizes that traditional investment frameworks, with their short-term exit horizons and rigid cycles, are no longer suitable for companies operating in high-complexity, high-impact domains. To address this gap, Novaterra has adopted a patient, strategic capital model. This approach allows for both minority and majority stakes, held over time, with proceeds from portfolio companies reinvested to support sustained industrial growth across the group. Shareholders also benefit from an internal liquidity mechanism designed to provide an alternative to conventional market practices.
Giuseppe Balzano, CEO of Novaterra, stated, “The investment industry is still largely driven by short-term thinking. We’re trying to shift that paradigm, as some leading players in the US have already begun to do. In the long run, we aim to build a European research and industrial powerhouse. That requires not only capital, but also the time needed to nurture the ambition we’ve set for ourselves.”
Novaterra’s official launch has been distributed by Pressat, a leading news distribution service based in the UK.
