ENPAPI
Also known as Ente Nazionale di Previdenza e Assistenza della Professione Infermieristica, Ente di Previdenza della Professione Infermieristica
Rome pension body of Italian self-employed nurses; €1.33bn investments at market value (end-2025); holds PE and renewable-energy funds of funds (EOS, ENPAPI Limited Fund) and real-estate funds.
- HEADQUARTERS
- Rome, Italy
- FOUNDED
- —
- AUM
- €1.3B (2025)
- OUTSIDE CAPITAL
- No — own capital only
- TEAM LISTED
- 2 people
Focus
- STAGES
- GrowthBuyout
- SECTORS
- —
- ASSET MIX
- Private equityReal estatePublic equitiesFunds (as LP)
- GEOGRAPHY
- ItalyEuropeGlobal
Overview
ENPAPI is the privatised pension and welfare body of self-employed Italian nurses, based in Rome. At the end of 2025 its invested portfolio was worth €1.33bn at market value; at book value, real-estate funds were about 28%, UCITS funds and bonds about 57% and private equity and infrastructure funds about 11%. Its private-market exposure is mainly through the EOS fund of funds (€75M commitment) and the ENPAPI Limited Fund, a dedicated compartment investing in AIFs mostly managed by Quadrivio; the board states it is reducing illiquid investments.
PORTFOLIO (6)
- EOS Fund of Funds (Italian PE and renewable-energy compartments, €75M commitment)
- ENPAPI Limited Fund (dedicated compartment of AIFs, mainly Quadrivio funds)
- Vertis Capital (renewable-energy closed-end fund)
- Clean Energy One (renewable-energy fund)
- Banca del Fucino (direct minority stake)
- Campus Bio-Medico S.p.A. (direct minority stake)
People
Links
Frequently asked questions
ENPAPI is a institutional investor based in Rome, Italy.
Yes. ENPAPI invests its own capital in private companies. It also commits capital to third-party funds as an LP.
ENPAPI invests at Growth and Buyout stages.
Key people at ENPAPI include Luigi Baldini (President) and Elena Gallo (Vice-President).
ENPAPI's investments include EOS Fund of Funds (Italian PE and renewable-energy compartments, €75M commitment), ENPAPI Limited Fund (dedicated compartment of AIFs, mainly Quadrivio funds), Vertis Capital (renewable-energy closed-end fund), Clean Energy One (renewable-energy fund), Banca del Fucino (direct minority stake) and Campus Bio-Medico S.p.A. (direct minority stake).
No. ENPAPI invests its own capital and does not raise money from outside investors.