Fondazione CRTrieste
Also known as Fondazione Cassa di Risparmio di Trieste
Trieste banking foundation; €320M financial investments at book value (end-2025), mainly UniCredit and CDP shares, bonds and UCITS; €1M commitment to the Itago IV private equity fund.
- HEADQUARTERS
- Trieste, Italy
- FOUNDED
- —
- OUTSIDE CAPITAL
- No — own capital only
- TEAM LISTED
- 1 people
Focus
- STAGES
- GrowthBuyout
- SECTORS
- —
- ASSET MIX
- Private equityPublic equitiesReal estate
- GEOGRAPHY
- Italy
Overview
Fondazione CRTrieste is the banking foundation that originated from Cassa di Risparmio di Trieste. At the end of 2025 its financial investments were €320M at book value, including stakes in UniCredit (0.152%) and Cassa Depositi e Prestiti (0.28%), government bonds and UCITS funds. It holds minority stakes in Nord Est Multimedia and Monrif, the Copernico real-estate fund and a commitment to the Itago IV private equity fund for Italian SMEs.
PORTFOLIO (7)
- Itago IV – Itago SGR (PE fund for Italian SMEs; 1,000,000 class A1 units of €1)
- Fondo Copernico – Finanziaria Internazionale Investments SGR (closed-end real-estate fund in renewable energy)
- Nord Est Multimedia S.p.A. (6.76%)
- Monrif S.p.A. (5.22%)
- UniCredit S.p.A. (0.152%)
- Cassa Depositi e Prestiti S.p.A. (0.28%)
- Trieste Convention Center S.p.A. (1.82%)
People
- Paolo SantangeloSecretary General · source
Links
Frequently asked questions
Fondazione CRTrieste is a institutional investor based in Trieste, Italy.
Yes. Fondazione CRTrieste invests its own capital in private companies. It also commits capital to third-party funds as an LP.
Fondazione CRTrieste invests at Growth and Buyout stages.
Key people at Fondazione CRTrieste include Paolo Santangelo (Secretary General).
Fondazione CRTrieste's investments include Itago IV – Itago SGR (PE fund for Italian SMEs; 1,000,000 class A1 units of €1), Fondo Copernico – Finanziaria Internazionale Investments SGR (closed-end real-estate fund in renewable energy), Nord Est Multimedia S.p.A. (6.76%), Monrif S.p.A. (5.22%), UniCredit S.p.A. (0.152%), Cassa Depositi e Prestiti S.p.A. (0.28%) and Trieste Convention Center S.p.A. (1.82%).
No. Fondazione CRTrieste invests its own capital and does not raise money from outside investors.