Between 1994 and 1996 he worked as a consultant for Booz, Allen & Hamilton Italia Ltd., focusing on the aerospace industry, and in 1997 he held a summer associate position at BZW – Barclays De Zoete Wedd in London. In 1998, he earned an MBA from the MIT Sloan School of Management in Cambridge, Massachusetts, where he studied financial engineering and served as an assistant to Operations professor Charles H. Fine.
From 1998 to 2000, Mr. Fracassi worked as a strategic consultant in the operations practice of the Chicago office of Booz, Allen & Hamilton Inc., where he became a senior associate in 1999. In 2000, he and Mr. Pescarmona founded Gruppo MutuiOnline, in which Mr. Fracassi currently holds the position of Chief Executive Officer of the Group.
Gruppo MutuiOnline was listed on the Italian Stock Exchange on 6 June 2007.
Today, Gruppo MutuiOnline is the Italian leader in online distribution of financial and insurance products, and it’s a leading player in outsourced services for credit origination and portfolio servicing, back office administration for investment companies and insurance claims processing. In 2015, for his contribution as CEO of Gruppo MutuiOnline, Mr Fracassi has been awarded the “EY-Entrepreneur Of The Year” title in the “Innovation & Engineering” category.
Since 2008, Mr Fracassi is member of the Advisory Board of the MIT Sloan School of Management. He is founder and board member of Endeavor Italy, the Italian chapter of non-profit organization that promotes entrepreneurship, operating in 25 different countries.