Cassa Forense
Also known as Cassa Nazionale di Previdenza e Assistenza Forense, Cassa Nazionale Forense
Rome pension fund of Italian lawyers; €20.3bn total assets (end-2024); commits to PE, VC, private debt and infrastructure funds (€735M new commitments in 2024).
- HEADQUARTERS
- Rome, Italy
- FOUNDED
- —
- OUTSIDE CAPITAL
- No — own capital only
- TEAM LISTED
- 2 people
Focus
- STAGES
- Series AGrowthBuyout
- SECTORS
- —
- ASSET MIX
- Private equityVenture capitalPrivate creditReal estatePublic equitiesFunds (as LP)
- GEOGRAPHY
- ItalyEuropeGlobal
Overview
Cassa Nazionale di Previdenza e Assistenza Forense is the privatised pension and welfare body of Italian lawyers, based in Rome. At the end of 2024 its assets totalled about €20.3bn, of which private equity €940M, infrastructure €1.05bn and private debt €332M, alongside government and corporate bonds, equities and real-estate funds. In 2024 it made €735M of new commitments to closed-end funds and held €1.70bn of uncalled fund commitments; it also holds direct stakes in CDP Reti, Banca d’Italia and F2i SGR.
PORTFOLIO (20)
- Investindustrial VIII (€75M commitment)since 2024
- Partners Group Secondary VIII (€50M commitment)since 2024
- FSI II (€50M commitment)since 2024
- Sofinnova Capital XI (€40M commitment)Biotech & Life Sciences · since 2024
- Xenon Private Equity VIII (€30M commitment)since 2024
- Unigestion Direct III (€30M commitment)since 2024
- Progressio Investimenti IV (€20M commitment)since 2024
- United Venture III (€15M commitment)since 2024
- Programma 103 (€15M commitment)since 2024
- Nextalia Capitale Rilancio (€15M commitment)since 2024
- Lifestyle Fund II (€10M commitment)since 2024
- BlackRock European Middle Market Private Debt Fund IV (€50M commitment)since 2024
- Kartesia Senior Opportunities II (€30M commitment)since 2024
- Equita Private Debt III (€20M commitment)since 2024
- F2i Rete Digitale (€150M commitment)since 2024
- ISQ Energy Transition Infrastructure Fund (€60M commitment)since 2024
- Vesper Next Generation Infrastructure I (€40M commitment)since 2024
- AMUF European Growth Capital / European Technology Venture Capital / European Life Science Venture Capital (EIF fund of funds)
- CDP Reti (direct stake)
- F2i SGR (direct stake)
People
Links
Frequently asked questions
Cassa Forense is a institutional investor based in Rome, Italy.
Yes. Cassa Forense invests its own capital in private companies. It also commits capital to third-party funds as an LP.
Cassa Forense invests at Series A, Growth and Buyout stages.
Key people at Cassa Forense include Valter Militi (President) and Giuseppe La Rosa Monaco (Vice-President).
Cassa Forense's investments include Investindustrial VIII (€75M commitment), Partners Group Secondary VIII (€50M commitment), FSI II (€50M commitment), Sofinnova Capital XI (€40M commitment), Xenon Private Equity VIII (€30M commitment), Unigestion Direct III (€30M commitment), Progressio Investimenti IV (€20M commitment) and United Venture III (€15M commitment), among others.
No. Cassa Forense invests its own capital and does not raise money from outside investors.