Senior Team
Francesco Caretti
Fondatore e Managing Partner
Francesco Caretti founded Caretti & Associati in 1992. Previously, he had been CEO at “La Centrale Finanziaria Spa”, the investment bank of Nuovo Banco Ambrosiano Group (subsequently Intesa San Paolo). Francesco Caretti began his career in 1971 in Caboto, an independent investment bank, which subsequently merged into Banca IMI, where he became CEO in 1981. With more than 40 years of experience, Francesco Caretti has advised numerous leading groups and Italian family businesses on major financial transactions, in the areas of M&A, stock exchange listing, financial and corporate restructurings and strategic development projects. Francesco Caretti was among the promoters of the Italian Association of Financial Analysts (AIAF) which he later chaired. He is currently a board member of Ferragamo Finanziaria, Salvatore Ferragamo, IdB Holding and Peck. In the past, he was board member in several companies, including Marzotto, Zignago, Jolly Hotels, Aprilia and Fiamm. Francesco Caretti has a degree in Economics from Università Cattolica del Sacro Cuore, Milan. He later specialized in Corporate Finance at Harvard Business School and has been an intern with major banking institutions abroad.
Emanuele Caretti
Partner
Emanuele Caretti has been with Caretti & Associati since 1999. He is responsible for the origination and execution of M&A transactions, IPO and listing assignments and strategic development plans. In Caretti & Associati, he has handled many important corporate finance transactions across the entire range of Caretti & Associati’s advisory services, from M & A (including Marazzi-Permira/Private Equity Partners, the sale of a minority in Salvatore Ferragamo to Peter Woo, the sale of Gasket International to Mandarin), to Equity Capital Markets (including the listing of De’ Longhi and Salvatore Ferragamo), from the financial restructuring (including Roncadin and Aprilia debt restructuring) to debt advisory, on a broad spectrum of industrial sectors. Emanuele Caretti began his career in 1993 in London in auditing and consulting, with the independent auditing firm, Levy Gee (now Numerica) and later with KPMG in the Financial Services team working on assignments for leading financial institutions across Europe. Emanuele Caretti has a degree in Business Administration from Bocconi University Milan, a major in Corporate Finance from the London Business School and is a fellow member of the Institute of Chartered Certified Accountants in the United Kingdom.
Fabio Caretti
Partner
Mr Fabio Caretti joined Caretti & Associati in 2003, after spending 8+ years in equity research, both in London and in Milan, with Actinvest Ltd and Paribas/BNP Paribas, where he gained a strong expertise in financial analysis and company valuation across different industries, in addition to exposure to some equity capital markets transactions.
At Caretti & Associati, his expertise includes origination and execution of transactions, including M&A and IPOs, with a particular focus on Italian mid-market companies in a number of different sectors. Mr Caretti holds a degree in Business Administration from Università Cattolica of Milan and a Major in Corporate Finance from the London Business School.
Alberto Tavecchio
Partner
In Caretti & Associati since 2023, Alberto Tavecchio is in charge of origination and execution of M&A transactions. In his previous investment banking experience, he managed several important M&A deals (among which the sale of Biologique Recherche to a pool of investors, the purchase of a minority stake in IllyCaffè by Rhône Capital, the sale of Drom to Givaudan and the disposal of Rancilio to Ali Group). With previous experience in PriceWaterhouse and Robert Fleming, in 2000 Alberto Tavecchio began his 20+ experience within the Credit Suisse Group (originally Credit Suisse First Boston), where he held corporate finance positions in London, Zurich and Milan. Alberto Tavecchio has a degree in Business Administration from Bocconi University Milan and holds a Master in Finance from London Business School.
Massimo Montagna
Executive Director
Massimo Montagna has been with Caretti & Associati since 1995. He has been involved in numerous corporate finance transactions across all of Caretti & Associati’s service areas on behalf of a large number of clients in a broad spectrum of industrial and non-industrial sectors, with a particular focus on cross-border transactions. Previously, Massimo Montagna had developed his experience in private equity and corporate finance with Arca Merchant and subsequently Basinvest and in the industrial sector with Franco Tosi and Sadelmi Cogepi. Massimo Montagna has a degree in Nuclear Engineering from the Politecnico di Milano and holds an MBA from SDA Bocconi in Milan.
Federico Caretti
Executive Director
Federico Caretti has been with Caretti & Associati since 2005. He is in charge of the financial analysis and transaction support team. Previously, Federico Caretti had been head of Investor Relations and Corporate Development of at De ‘Longhi Group ever since its listing, dealing with the Group’s international projects and reporting directly to the CEO. Federico Caretti began his career in London in 1997, at first as an equity analyst with Actinvest Ltd, and later with Merrill Lynch, where he worked on several cross border M&A transactions and listings within the Consumer Products and Retail Practice. Federico Caretti has a degree in Economics from Bocconi University and a major in Corporate Finance from London Business School, as well as holding an Executive Master in Finance from SDA Bocconi.