Private Equity
Backing established businesses with transformation potential.
Independent Investment Firm·Zürich · Switzerland
Where capital
meets possibility.
We identify, structure and access investment opportunities across private markets and the real economy.
Private MarketsReal AssetsStrategic Capital
The best opportunities rarely look obvious.
Markets generate noise. We focus on the signals that matter — identifying businesses, assets and investment themes with the potential to create durable value.
0+
Years of experience
0
Investment strategies
0+
Markets evaluated annually
Portfolio
Selected opportunities.
01 / DIGITAL INFRASTRUCTURE
Building the infrastructure behind the next decade.
Capacity, connectivity and compute are becoming the quiet backbone of European growth. We look at assets that will still matter when the current cycle is a footnote.
- Target Sector
- Digital Infrastructure
- Geography
- Western Europe
- Investment Horizon
- 5–8 Years
- Strategy
- Growth Capital
- Status
- Selective Access
Process
From opportunity to conviction.
01
Discover
Identify emerging themes and opportunities across private markets and the real economy.
02
Screen
Evaluate fundamentals, market position and downside risk before a thesis is allowed to form.
03
Diligence
Deep commercial, financial and operational analysis — with an emphasis on what can go wrong.
04
Structure
Build an investment structure aligned with the opportunity, the horizon and the investor.
05
Partner
Remain engaged throughout the investment lifecycle, from first close to realisation.
Strategies
Five ways to access value.
Private Equity
Backing established businesses with transformation potential.
Private Credit
Structured capital for companies and real assets.
Venture Capital
Supporting exceptional founders and emerging technologies.
Real Estate
Investing selectively in high-quality European property.
Infrastructure
Long-term exposure to essential assets and systems.
Market intelligence
Data informs. Conviction decides.
European Private Equity
8.7%
Private Credit
7.2%
Infrastructure
6.4%
European Real Estate
5.8%
Illustrative private markets pulse
Illustrative data for demonstration purposes only. These figures are not current performance, not Vareno Capital returns, and should not be relied upon as market measurements.
Investment map
Europe, read as a market.
We concentrate on a defined set of European markets where we can underwrite businesses, assets and counterparties with local context.
Switzerland
- Market
- Private Markets
- Primary Sectors
- Real Assets
- Active Opportunities
- Selective access
Home market. Cross-border structuring, private companies and real assets with a Swiss governance overlay.
Why Vareno
Independent by nature.
01
Independence
No proprietary products. Advice and access are not designed to distribute an in-house inventory.
02
Selectivity
We pursue fewer opportunities, more deeply. Most ideas are declined before they become a conversation.
03
Alignment
Our interests are designed to remain aligned with investors — in structure, horizon and incentive.
04
Perspective
We think beyond quarterly market cycles. Value is created in years, and underwritten that way.
About
Built for a different kind of investor.
Vareno Capital was created for investors who want more than market exposure. They want access, context and a disciplined partner capable of navigating complexity.
Zürich
Switzerland
Independent
Investment Firm
Private Markets
Focus
Global
Perspective
People
A small table. A long horizon.
Leads origination and investment committee. Previously advised on European private market transactions from Zürich and Frankfurt.
Alexander Weber
Managing Partner
Responsible for private equity and venture underwriting, with a focus on industrial and applied-technology businesses.
Sofia Keller
Investment Director
Structures private credit and real asset investments. Background in European credit markets and direct lending.
Daniel Morel
Partner, Private Markets
Directs thematic research across infrastructure, energy systems and the European industrial landscape.
Elena Rossi
Head of Research
Research
Ideas worth thinking about.
A sharper view of private markets.
Monthly perspectives on investment opportunities, market structure and long-term themes.
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Not every opportunity deserves your capital.
We help you identify the ones that do.