Fondo Pensione Pegaso
Also known as Pegaso, Fondo Pegaso
Rome negotiated pension fund for local public-utility workers; €1.65bn net assets (end-2025); invests in PE, private debt and infrastructure funds via pooled mandates and FoFs.
- HEADQUARTERS
- Rome, Italy
- FOUNDED
- —
- AUM
- €1.7B (2025)
- OUTSIDE CAPITAL
- No — own capital only
- TEAM LISTED
- 4 people
Focus
- STAGES
- GrowthBuyout
- SECTORS
- —
- ASSET MIX
- Funds (as LP)Private equityPrivate creditVenture capitalPublic equities
- GEOGRAPHY
- ItalyEurope
Overview
Fondo Pegaso is the industry-wide supplementary pension fund for employees of Italian local public-service companies (utilities), registered with COVIP as no. 100 and based in Rome. Net assets for benefits were €1.65bn at the end of 2025. Its balanced sub-fund invests in closed-end private equity, private debt and infrastructure funds through mandates to Neuberger Berman, StepStone and Eurizon Capital Real Asset (pooled with other pension funds) and directly in CDP’s FoF Infrastrutture; its Crescita sub-fund holds Fondo Italiano d’Investimento’s FoF Private Equity Italia and FoF Private Debt Italia.
PORTFOLIO (8)
- Private equity FIA mandate – Neuberger Berman (€75M max commitment)since 2020
- Private debt FIA mandate – StepStone (€80M max commitment)since 2021
- Infrastructure FIA mandate – Eurizon Capital Real Asset (€40M max commitment)since 2023
- FoF Infrastrutture (CDP Real Asset SGR, €8M commitment)since 2025
- FoF Private Equity Italia (Fondo Italiano d’Investimento, €10M commitment)since 2021
- FoF Private Debt Italia (Fondo Italiano d’Investimento, €4.3M commitment)since 2021
- NB Renaissance Partners III (€9.75M)since 2020
- Kairos Venture Two (€2.45M commitment via PMI equity mandate)since 2025
People
Links
Frequently asked questions
Fondo Pensione Pegaso is a institutional investor based in Rome, Italy.
Fondo Pensione Pegaso does not primarily put its own money into private companies. It also commits capital to third-party funds as an LP.
Fondo Pensione Pegaso invests at Growth and Buyout stages.
Key people at Fondo Pensione Pegaso include Luca Pasquadibisceglie (President), Massimo Giusti (Vice-President), Andrea Mariani (Director (Direttore Responsabile)) and Crizia Paterniani (Deputy Director).
Fondo Pensione Pegaso's investments include Private equity FIA mandate – Neuberger Berman (€75M max commitment), Private debt FIA mandate – StepStone (€80M max commitment), Infrastructure FIA mandate – Eurizon Capital Real Asset (€40M max commitment), FoF Infrastrutture (CDP Real Asset SGR, €8M commitment), FoF Private Equity Italia (Fondo Italiano d’Investimento, €10M commitment), FoF Private Debt Italia (Fondo Italiano d’Investimento, €4.3M commitment), NB Renaissance Partners III (€9.75M) and Kairos Venture Two (€2.45M commitment via PMI equity mandate).
No. Fondo Pensione Pegaso invests its own capital and does not raise money from outside investors.