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Institutional LPPuts its own capital into companiesLAST VERIFIED Oct 2026 · 4 SOURCES

Fondazione Monte dei Paschi di Siena

Also known as Fondazione MPS, Fondazione Mps, FMps

Siena banking foundation; €636M financial assets at book value (end-2025), mostly a Quaestio-managed SIF; holds infrastructure, PE and trade-finance funds and subscribed Toscana Next.

HEADQUARTERS
Siena, Italy
FOUNDED
1995
OUTSIDE CAPITAL
No — own capital only
TEAM LISTED
3 people

Focus

STAGES
SeedBuyout
SECTORS
—
ASSET MIX
Private equityVenture capitalPrivate creditPublic equitiesReal estateImpact
GEOGRAPHY
ItalyGlobal

Overview

Fondazione Monte dei Paschi di Siena was created on 28 August 1995 when the former public-law bank was split into Banca Mps and the foundation. At 31 December 2025 its financial assets were €636.1M at book value, of which €405.5M in a dedicated compartment of a Luxembourg SIF managed by Quaestio Capital SGR. Its strategic assets include stakes in CDP, Banca d’Italia and Banca Mps, units in infrastructure, private equity, trade-finance and real-estate funds, and a 58.67% stake in local development company Fi.Se.S.

PORTFOLIO (9)

  • Toscana Next (CDP Venture Capital regional co-investment fund; subscriber)
    since 2023
  • JP Morgan Infrastructure Investments Fund (€10M book value)
    since 2023
  • Macquarie Global Infrastructure Fund (€4.82M subscribed)
    since 2024
  • Fasanara Trade and Receivable Finance Fund (€10M book value)
    since 2024
  • Quaestio ILS Allocation Fund (€2M)
    since 2024
  • Sator Private Equity Fund (12% stake; in liquidation)
    since 2008
  • Fi.Se.S. – Finanziaria Senese di Sviluppo (58.67% stake)
  • Cassa Depositi e Prestiti (direct stake)
  • Banca Monte dei Paschi di Siena (0.184% stake)

People

  • Riccardo Coppini
    President · source
  • Monica Barbafiera
    Vice-President · source
  • Marco Forte
    Director General (Provveditore) · source

Links

Frequently asked questions

Fondazione Monte dei Paschi di Siena is a institutional investor based in Siena, Italy, founded in 1995.

Yes. Fondazione Monte dei Paschi di Siena invests its own capital in private companies. It also commits capital to third-party funds as an LP.

Fondazione Monte dei Paschi di Siena invests at Seed and Buyout stages.

Key people at Fondazione Monte dei Paschi di Siena include Riccardo Coppini (President), Monica Barbafiera (Vice-President) and Marco Forte (Director General (Provveditore)).

Fondazione Monte dei Paschi di Siena's investments include Toscana Next (CDP Venture Capital regional co-investment fund; subscriber), JP Morgan Infrastructure Investments Fund (€10M book value), Macquarie Global Infrastructure Fund (€4.82M subscribed), Fasanara Trade and Receivable Finance Fund (€10M book value), Quaestio ILS Allocation Fund (€2M), Sator Private Equity Fund (12% stake; in liquidation), Fi.Se.S. – Finanziaria Senese di Sviluppo (58.67% stake) and Cassa Depositi e Prestiti (direct stake), among others.

No. Fondazione Monte dei Paschi di Siena invests its own capital and does not raise money from outside investors.