Fondo Pensione del Gruppo Intesa Sanpaolo
Occupational pension fund for employees of the Intesa Sanpaolo group (sponsoring employer) Intesa Sanpaolo
Also known as Fondo Pensione Intesa Sanpaolo, FondISP, Fondo Pensione a contribuzione definita del Gruppo Intesa Sanpaolo
Milan pension fund for Intesa Sanpaolo group employees; €9.76bn net assets (end-2025), 130,871 members; LP in about 70 alternative funds (PE, private debt, infra, real estate).
- HEADQUARTERS
- Milan, Italy
- FOUNDED
- —
- AUM
- €9.8B (2025)
- OUTSIDE CAPITAL
- No — own capital only
- TEAM LISTED
- 3 people
Focus
- STAGES
- —
- SECTORS
- —
- ASSET MIX
- Private equityPrivate creditReal estate
- GEOGRAPHY
- ItalyEuropeGlobal
Overview
The Fondo Pensione del Gruppo Intesa Sanpaolo (named Fondo Pensione a contribuzione definita del Gruppo Intesa Sanpaolo until 1 October 2025) is the occupational pension fund of Intesa Sanpaolo group employees, registered with COVIP (Albo, Sezione Speciale I, no. 1222) and based in Milan. It ended 2025 with net assets for benefits of €9.76bn and 130,871 members. Alongside mandates and insurance contracts, it invests directly in alternative investment funds (FIA): real estate, infrastructure and renewables, private debt and private equity, including Nextalia Ventures, P101 Programma 103 and Planven IV. In 2025 the board resolved to subscribe €65M across five private credit funds.
PORTFOLIO (29)
- Made in Italy Fund (€34M commitment)
- Neuberger Berman Renaissance Partners III (€25M)
- PG Direct IV Equity 2019 (Partners Group; €20M)
- HAT Technology Fund 4 (€20M)
- HAT Technology Fund 5 (€15M)
- Partners Group Direct Equity V (€15M)
- Principia Health III (€10M)
- Clessidra Capital Partners 4 (€10M)
- Nextalia Private Equity (€10M)
- Nextalia Ventures (€10M)
- Capital Dynamics Global Secondaries VI (€10M)
- Quadrivio Lifestyle Fund II (€10M)
- Eurazeo Capital V (€10M)
- Ardian ASF IX (€10M)
- QuattroR MidCap (€10M)
- Partners Group Secondary VIII (€10M)
- EOS Next Transition Fund II (€10M)
- FSI II (€10M)
- Planven IV (€10M, not yet called)
- DeA Agro II (€10M, not yet called)
- Planven Continuity Fund I (USD 5.04M)
- Neva First (€5M)
- P101 Programma 103 (€5M)
- Three Hills The Impact Fund I (€10M, private debt)
- Permira Credit Solutions IV Senior Euro (€40M)
- Entangled Capital EC I EuVECA (€5M)
- EOS Energy Fund II (€23M)
- Nextalia Credit Solutions (€10M, resolved 2025)since 2025
- Eurazeo Private Debt VII (resolved 2025)since 2025
People
Links
Frequently asked questions
Fondo Pensione del Gruppo Intesa Sanpaolo is a institutional investor based in Milan, Italy.
Fondo Pensione del Gruppo Intesa Sanpaolo 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 del Gruppo Intesa Sanpaolo include Claudio Angelo Graziano (Chair), Mauro Bossola (Vice-Chair) and Claudia Daffunchio (Director General).
Fondo Pensione del Gruppo Intesa Sanpaolo's investments include Made in Italy Fund (€34M commitment), Neuberger Berman Renaissance Partners III (€25M), PG Direct IV Equity 2019 (Partners Group; €20M), HAT Technology Fund 4 (€20M), HAT Technology Fund 5 (€15M), Partners Group Direct Equity V (€15M), Principia Health III (€10M) and Clessidra Capital Partners 4 (€10M), among others.
No. Fondo Pensione del Gruppo Intesa Sanpaolo invests its own capital and does not raise money from outside investors.