{
  "id": 5529371,
  "title": "Benetton family secures approvals for €3bn private markets platform",
  "url": "https://urgent.news/2026/09/04/benetton-family-secures-approvals-for-3bn-private-markets-platform",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-04T09:18:45.000Z",
  "source": {
    "name": "Private Equity Wire",
    "slug": "private-equity-wire",
    "url": "https://www.privateequitywire.co.uk/benetton-family-secures-approvals-for-e3bn-private-markets-platform/"
  },
  "original_language": "en",
  "account": "The Benetton family has obtained regulatory clearance to establish a new European private markets platform named 21 Next, according to Bloomberg. With approximately €3 billion in assets under management, the platform aims to invest in private equity, infrastructure, energy transition, and private debt. The venture has received approvals from major European regulatory bodies such as the European Commission, Italy's Competition Authority, the Bank of Italy, and France's Autorité des marchés financiers. 21 Next combines two existing Benetton-backed entities, 21 Invest and 21 Tages, under the ownership of family holding company Edizione, which holds a 55% stake. The founders and senior management of the two companies will own the remaining 45%. Alessandro Benetton, chairman of Edizione, will serve as the chairman of 21 Next, while Panfilo Tarantelli has been appointed as the chief executive. The platform currently employs over 100 investment professionals across 11 active funds. Edizione is contributing €500 million in seed capital to support future investment and expansion plans. 21 Next is also developing new strategies to expand its European alternatives business, with 21 Invest preparing to launch a lower mid-market private equity fund in Italy, France, Spain, and the Benelux markets, targeting around €800 million in commitments. Meanwhile, 21 Tages has launched an infrastructure strategy targeting €500 million in commitments, further diversifying its exposure to private markets.",
  "summary": "The Benetton family has secured regulatory approval to launch a new European private markets platform, 21 Next, with approximately €3bn in assets under management, according to a report by Bloomberg.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}