HAT Sicaf

HAT Sicaf S.p.A. is a prominent Italian asset management company based in Milan, specializing in the management of closed-end alternative investment funds. Operating under the broader HAT Group, the firm has established itself as a key player in both the private equity and venture capital landscapes within Italy and beyond. Its mandate involves identifying and investing in companies with high growth potential, primarily focusing on sectors critical for future economic development.

The firm's investment strategy is diversified across several specialized funds, each targeting distinct market segments. For instance, HAT Sicaf manages the HAT Tech 1 and HAT Tech 2 funds, which are dedicated to providing growth capital to high-tech small and medium-sized enterprises (SMEs). Complementing these, the firm also oversees funds like HAT Digital Transition, HAT Digital Transition II, HAT Energy Transition, and HAT Infrastructure. These latter funds focus on larger-scale private equity investments in areas such as digital transformation, renewable energy, and critical infrastructure projects, reflecting a comprehensive approach to supporting innovation and strategic development.

HAT Sicaf's typical investment sizes vary significantly depending on the specific fund and the stage of the target company. For its venture and growth equity investments in high-tech SMEs, initial cheques generally range from €5 million to €15 million. For larger private equity transactions within the digital transition, energy transition, and infrastructure sectors, the firm's typical first investments are considerably larger, often falling between €10 million and €30 million. This broad range allows HAT Sicaf to engage with companies at different stages of maturity and capital requirements. Collectively, the funds managed by HAT Sicaf boast over €1.1 billion in assets under management, underscoring the firm's substantial financial capacity and commitment to fostering economic growth.