Special Situation Investment Team-Internship
Pubblicato il 14-08-2026 - Lio Factory in Milano
Lio Factory is an investment platform building and funding financial businesses designed to endure. The Group is led by Francesco Marini, Founder and CEO and, to date, operates in 4 different sectors:
1) Special Situations : focus on bankruptcy liquidation proceedings and legal claims through the investment platform Lio SSG
2) Real Estate : direct investments in niche segments of the real estate market through the investment platform Lio Capital
3) Infrastructure : investments in data centers and renewable energy through the investment platforms Lio Energy and Lio Data Center
4) Industries : focus on scaling Italian mid-cap companies through operational improvement and permanent capital through Lio Industries
LIO SSG, a subsidiary of LIO Factory, is the investment company of the Group dedicated to illiquid special situation investments with a superior risk/return profile. Typical investments:
- Bankruptcy procedures (concordato fallimentare) aimed at exploiting value from the investment through the arbitrage between the disposal of the illiquid assets of a bankrupted company vis-à-vis the acquisition value of its liabilities;
- Acquisition of secured and unsecured NPLs in the context of bankruptcy procedures
- Cherry picking of illiquid assets owned by bankrupted companies
Within the Special Situation investment team the candidate will have exposure to:
- An existing investment team working on Italian special situation transactions with an hedge-fund like approach;
- Performing in-depth sector and sub-sector research using multiple sources.
- Developing detailed investment theses and helping to proactively identify investment opportunities.
- Building financial models and analysis.
- Undertaking financial and commercial due diligence on transaction execution.
- Supporting current portfolio management.
- Developing investment briefings and memorandums in conjunction with and for the senior members of the team.
- Contributing to the decision-making process as part of a flexible team.
The successful candidate will bring superior communication and strategic skills to the table and will thrive in a hands-on entrepreneurial environment; s/he will have leadership potential, a balanced ego, strong work ethic and unquestionable integrity.
Required Skills
Candidates must have a demonstrated passion for the Alternative Investments space, with a focus on distress situations.
• Strong academic credentials (BS/BA/MSc from highly regarded institution)
• A previous internship experience (6+ months) within the Corporate Finance, Private Equity, Investment Banking, Restructuring and consulting industry
• Strong Interest for the investment activity, with an interest in distress situation
• Demonstrated ability to think critically and creatively
• Sophisticated analytical and quantitative skills
• Strong work ethic, resilience, and a proactive attitude, with a willingness to go the extra mile when needed
Excellent interpersonal skills
• Excellent MS Office skills (mainly Excel and Power Point)
Compensation: 1,000 – 1,200 depending to the profile + lunch vouchers