Fondazione Cariparo
Also known as Fondazione Cassa di Risparmio di Padova e Rovigo
Padua banking foundation; €4.64bn financial assets at market value (end-2025); global PE, private-credit and real-estate fund programme plus Italian VC, infrastructure and impact funds.
- HEADQUARTERS
- Padua, Italy
- FOUNDED
- 1991
- AUM
- €4.6B (2025)
- OUTSIDE CAPITAL
- No — own capital only
- TEAM LISTED
- 2 people
Focus
- STAGES
- SeedSeries AGrowthBuyout
- SECTORS
- —
- ASSET MIX
- Private equityVenture capitalPrivate creditReal estateFunds (as LP)Hedge fundsPublic equitiesImpact
- GEOGRAPHY
- ItalyEuropeGlobal
Overview
Fondazione Cassa di Risparmio di Padova e Rovigo (Fondazione Cariparo) originates from the December 1991 contribution of the savings bank’s shares and is based in Padua. At 31 December 2025 its financial assets were €4.64bn at market value, including a 1.88% Intesa Sanpaolo stake worth €1.87bn, a €2.3bn managed portfolio and €352M of Italian investments such as CDP. It runs a globally diversified private-investment programme in closed-end PE, real-estate and credit funds, and holds €147M of commitments to Italian closed-end funds.
PORTFOLIO (17)
- Neva First Fund (Neva SGR)
- Neva II (Neva SGR)
- Nextalia 1
- Gradiente 2
- Gradiente 3
- Fondo Strategico Italiano 2 (FSI II)
- F2i Third Fund, F2i Fifth Fund, F2i Infrastructure Debt Fund 1
- Sinloc Infrastructure & Transition Energy Fund (€10M commitment)since 2025
- F2i Infrastructure Credit Fund 2 (€10M commitment)since 2026
- Finint Special Credit Opportunity Fund
- Coima ESG City Impact Fund
- FoF Venture Capital (Fondo Italiano d’Investimento)
- FoF Impact Investing (Fondo Italiano d’Investimento)
- Fondo Oltre II
- Fondo Sì Social Impact (Sefea)
- F2i Rete Digitale
- Cassa Depositi e Prestiti (direct stake)
People
Links
Frequently asked questions
Fondazione Cariparo is a institutional investor based in Padua, Italy, founded in 1991.
Yes. Fondazione Cariparo invests its own capital in private companies. It also commits capital to third-party funds as an LP.
Fondazione Cariparo invests at Seed, Series A, Growth and Buyout stages.
Key people at Fondazione Cariparo include Rosario Rizzuto (President) and Roberto Saro (Secretary General).
Fondazione Cariparo's investments include Neva First Fund (Neva SGR), Neva II (Neva SGR), Nextalia 1, Gradiente 2, Gradiente 3, Fondo Strategico Italiano 2 (FSI II), F2i Third Fund, F2i Fifth Fund, F2i Infrastructure Debt Fund 1 and Sinloc Infrastructure & Transition Energy Fund (€10M commitment), among others.
No. Fondazione Cariparo invests its own capital and does not raise money from outside investors.