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

Fondo Pensione Concreto

Also known as Concreto, CONCRETO - Fondo Pensione Complementare Nazionale a Capitalizzazione

Rome negotiated pension fund for cement, lime and gypsum workers; €253M net assets (end-2025); invests directly in FoF Private Debt Italia and CDP’s FoF Infrastrutture.

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

Focus

STAGES
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SECTORS
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ASSET MIX
Funds (as LP)Private creditPublic equities
GEOGRAPHY
Italy

Overview

Concreto is the industry-wide supplementary pension fund for workers in the Italian cement, lime, gypsum and building-materials industry, registered with COVIP as no. 122 and based in Rome. Net assets for benefits were €252.7M at the end of 2025. Besides mandates to Anima, BlackRock and Unipol, its balanced sub-fund invests directly in closed-end funds: Fondo Italiano d’Investimento’s FoF Private Debt Italia and CDP Real Asset’s FoF Infrastrutture (€5.7M commitment). Direct private-market holdings were €9.76M at 31/12/2025.

PORTFOLIO (2)

  • FoF Private Debt Italia (Fondo Italiano d’Investimento SGR)
  • FoF Infrastrutture (CDP Real Asset SGR, €5.7M commitment)
    since 2024

People

  • Mauro Franzolini
    President · source
  • Aldo Arri
    Vice-President · source
  • Sebastiano Spagnuolo
    General Manager · source

Links

Frequently asked questions

Fondo Pensione Concreto is a institutional investor based in Rome, Italy.

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

Key people at Fondo Pensione Concreto include Mauro Franzolini (President), Aldo Arri (Vice-President) and Sebastiano Spagnuolo (General Manager).

Fondo Pensione Concreto's investments include FoF Private Debt Italia (Fondo Italiano d’Investimento SGR) and FoF Infrastrutture (CDP Real Asset SGR, €5.7M commitment).

No. Fondo Pensione Concreto invests its own capital and does not raise money from outside investors.