About
Alagna was born from a simple observation: the Investment Committee memo process is broken.
Every investment firm runs the same way. A data room opens. Dozens of files land. A deal team spends days — sometimes weeks — extracting data, re-deriving metrics, structuring analysis, and formatting slides. The senior team reviews, redlines, sends it back. The cycle repeats until the IC meeting, at which point the most important questions are often the ones nobody had time to think about properly.
And there is a deeper problem that no one talks about openly. Deal teams are not neutral. By the time a memo reaches the Investment Committee, the people who wrote it have spent weeks — sometimes months — living inside the deal. They have conviction. They have relationships with the management team. They have professional stakes in the outcome. None of this is malicious; it is human. But it means the IC is often reading a document that is, structurally, an advocacy piece — presented as objective analysis.
The person who built Alagna has lived this process — from the analyst seat to the boardroom. Alagna exists because the analytical work that drives investment decisions deserves better tools than copy-paste and blank templates — and because the Investment Committee deserves an analytical voice that has no stake in the outcome.
Alagna delivers value from the first deal — a level of analytical depth and rigour that would take a deal team weeks to produce manually. But better memos are only the beginning. The real question is whether an investment firm gets better over time — whether the lessons from every deal actually compound into sharper judgment, or dissipate with turnover, memory, and time. Alagna exists because we believe the answer should be yes.
Alagna is built by its founder, Jim Varas, who combines deep investment expertise, technology leadership at scale, and hands-on experience building financial software products.
Twenty years across principal investing, M&A advisory, portfolio management, and board governance. Experience includes a decade at Exor, the €30bn+ investment company of the Agnelli family, contributing to a 10x increase in NAV and co-leading the Ferrari spin-off and dual listing on the NYSE and Borsa Italiana. M&A advisory at UBS Investment Bank in London. Operational finance leadership at Stellantis in North America. Group CFO of a family office. Investment strategy for a PE-backed platform through a US$3.3bn merger. Extensive board experience across public and private companies. Engineering degree from École Polytechnique, MBA from Collège des Ingénieurs.
The combination is deliberate. Alagna requires someone who understands what an Investment Committee actually needs, someone who can build technology that works at scale, and someone who has built and shipped financial tools in the real world.