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Institutional LPInvests through funds, not into companiesLAST VERIFIED Oct 2026 · 3 SOURCES

Fonditel

Pension fund management company belonging to the Grupo Telefónica Telefónica

Also known as Fonditel Pensiones, EGFP, S.A.

Telefónica group pension fund manager; Telefónica reported (Dec 2022) about €500M committed to illiquid alternative investments diversified by vintage, strategy and sector.

HEADQUARTERS
Spain
FOUNDED
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AUM
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OUTSIDE CAPITAL
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TEAM LISTED
1 people

Focus

STAGES
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SECTORS
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GEOGRAPHY
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Overview

Fonditel is a pension fund management company belonging to the Telefónica group that manages occupational pension plans, including the Telefónica employees' pension plan. In December 2022 Telefónica stated that Fonditel had built a diversified illiquid alternatives programme, by vintage, strategy and sector, with committed investment close to €500M. The plan's assets were €2,951.42M at 30 June 2025 according to a union report on its control committee.

People

  • Clemen Epalza Ibarrondo
    CEO (Consejera Delegada; appointed December 2022) · source

Links

Frequently asked questions

Fonditel is a institutional investor based in Spain.

Fonditel does not primarily put its own money into private companies. It also commits capital to third-party funds as an LP.

Key people at Fonditel include Clemen Epalza Ibarrondo (CEO (Consejera Delegada; appointed December 2022)).