We are excited to welcome Niccolò Ferragamo as a Founding Partner at Heritage Holdings. Niccoló brings over 15 years of experience in technology and investing, and over a decade in private and growth equity, having deployed over $2.5bn at Apax and Hellman & Friedman. At Apax, Niccolo focused on building the firm Growth Equity division Apax Digital in Europe. Niccoló brings investment and operational experience from Fintech, SaaS, and Applied Artificial Intelligence, and has led some of the most successful growth equity transactions in Europe in recent years, including Tide, ClearBank, Pricefx, Faculty. Niccoló started his career as a software founder and at McKinsey & Company, where he focused on M&A and Financial Services. Niccoló holds a double bachelor degree in economics (cum laude) at Scuola Superiore Sant'Anna and a double MSc at Università Bocconi and The London School of Economics and Political Science (LSE).
𝗔 𝗡𝗲𝘄 𝗖𝗵𝗮𝗽𝘁𝗲𝗿: 𝗙𝗿𝗼𝗺 𝗣𝗿𝗶𝘃𝗮𝘁𝗲 𝗘𝗾𝘂𝗶𝘁𝘆 𝘁𝗼 𝗣𝗶𝗼𝗻𝗲𝗲𝗿𝗶𝗻𝗴 𝗪𝗲𝗮𝗹𝘁𝗵𝗧𝗲𝗰𝗵 🚀 After a decade in tech investing at Hellman & Friedman and Apax I’m thrilled to announce my journey as 𝗙𝗼𝘂𝗻𝗱𝗶𝗻𝗴 𝗣𝗮𝗿𝘁𝗻𝗲𝗿 𝗮𝘁 Heritage Holdings. Our mission? 𝗧𝗼 𝘁𝗿𝗮𝗻𝘀𝗳𝗼𝗿𝗺 𝗶𝗻𝘃𝗲𝘀𝘁𝗶𝗻𝗴 𝗳𝗼𝗿 𝗳𝗮𝗺𝗶𝗹𝗶𝗲𝘀, founders, 𝗮𝗻𝗱 𝗮𝗱𝘃𝗶𝘀𝗼𝗿𝘀, 𝘁𝗵𝗿𝗼𝘂𝗴𝗵 𝗺𝗼𝗱𝗲𝗿𝗻 𝘁𝗲𝗰𝗵, superior portfolio construction and access to 𝘁𝗼𝗽 𝗮𝗹𝘁𝗲𝗿𝗻𝗮𝘁𝗶𝘃𝗲 𝗮𝘀𝘀𝗲𝘁𝘀. 𝙰̲ ̲𝙷̲𝚎̲𝚊̲𝚛̲𝚝̲𝚏̲𝚎̲𝚕̲𝚝̲ ̲𝚃̲𝚑̲𝚊̲𝚗̲𝚔̲ ̲𝚈̲𝚘̲𝚞̲ My deepest gratitude to Apax and my partners Mark Beith Marcelo Gigliani Daniel O'Keefe. Building a leading EU growth equity platform together has been remarkable. Shoutout to Agostino Vikram Aurelia Shashwat Ela Chana Ishan Thore and Lucas You are rockstars. 🙏 Watching Tide Pricefx ClearBank and Faculty all grow from <$5M in revenue at the time of our first meeting, to combined >$500m in revenue, showed me the art of the possible. Dr. Oliver Prill Ronak Sheth Charles McManus Marcin Cichon Marc Warner — you are inspiring. 𝚆̲𝚑̲𝚢̲ ̲𝙷̲𝚎̲𝚛̲𝚒̲𝚝̲𝚊̲𝚐̲𝚎̲?̲ My journey began when, at the age of 22, after 4yrs learning the ropes as a software founder, I started working with big banks at McKinsey. I met extraordinary professionals, but was struck by profound problems of this legacy industry. A decade in fintech deepened this awareness: 1. Entrepreneurs spend a lifetime building a legacy, but 90%+ of these are gone by the 3rd gen 2. Wealth products are often sub par, and very expensive. Access to quality alternative assets is even worse. 3. Investing is complex, and only few really use proper portfolio construction. 4. Family offices build a lot in house that could be better/cheaper joining forces with others 5. Everyone talks about Tech/AI, but large organizations are very far behind. 𝗢𝘂𝗿 𝗩𝗶𝘀𝗶𝗼𝗻: 𝗕𝘂𝗶𝗹𝗱𝗶𝗻𝗴 𝗮 𝗪𝗲𝗮𝗹𝘁𝗵𝗧𝗲𝗰𝗵 𝗟𝗲𝗮𝗱𝗲𝗿 𝗳𝗼𝗿 𝘁𝗵𝗲 𝘂𝗽𝗽𝗲𝗿 𝗲𝗻𝗱 𝗼𝗳 𝘁𝗵𝗲 𝗺𝗮𝗿𝗸𝗲𝘁 This is a trillion-dollar industry with multiple tailwinds: 1. Increasing UHNWIs 2. Growing exposure to private markets by families 3. Unprecedented wealth shifts to next gens 4. New AI use cases for workflow automation Tech proposition have emerged for mass market, but nobody has really cracked the problem with a modern tech stack, for UHNWI, where needs are more complex. 𝗪𝗲 𝗮𝗿𝗲 𝗯𝘂𝗶𝗹𝗱𝗶𝗻𝗴 𝗮 “𝟭𝟬𝘅 𝗯𝗲𝘁𝘁𝗲𝗿” 𝗽𝗹𝗮𝘁𝗳𝗼𝗿𝗺 𝗮𝗻𝗱 𝗮𝗻𝗱 𝗲𝘅𝗰𝗹𝘂𝘀𝗶𝘃𝗲 𝗴𝗹𝗼𝗯𝗮𝗹 𝗰𝗼𝗺𝗺𝘂𝗻𝗶𝘁𝘆 𝗼𝗳 𝗽𝗲𝗲𝗿𝘀. I’m thrilled to partner with my cofounder Lucio Di Ciaccio, tech investing veteran and one of the sharpest minds I know, as well with an exceptional team of partners, with a unique level of grit and industry experience. We are grateful to be backed in this mission by some of the most prominent families globally. If you know someone interested in transforming this industry, 𝗽𝗹𝗲𝗮𝘀𝗲 𝗗𝗠 𝗼𝗿 𝘀𝗵𝗮𝗿𝗲 𝘁𝗵𝗶𝘀 𝗽𝗼𝘀𝘁. Stay tuned.