Laborfonds
Also known as Fondo Pensione Laborfonds, Fondo Pensione Complementare per i lavoratori dipendenti dai datori di lavoro operanti nel territorio del Trentino-Alto Adige
Bolzano regional pension fund for Trentino-Alto Adige employees; €4.6bn net assets (end-2025); €272.7M committed to 14 alternative funds (PE, private debt, infrastructure).
- HEADQUARTERS
- Bolzano, Italy
- FOUNDED
- —
- AUM
- €4.6B (2025)
- OUTSIDE CAPITAL
- No — own capital only
- TEAM LISTED
- 3 people
Focus
- STAGES
- GrowthBuyout
- SECTORS
- —
- ASSET MIX
- Funds (as LP)Private equityPrivate creditReal estatePublic equities
- GEOGRAPHY
- ItalyEuropeGlobal
Overview
Laborfonds is the territorial, multi-sector supplementary pension fund for employees in Trentino-Alto Adige/Südtirol, registered with COVIP as no. 93 and based in Bolzano. Net assets for benefits were €4.6bn at the end of 2025. Since 2015 its balanced line has invested directly in alternative funds (target 10%), with €272.7M committed to 14 funds by end-2025, including the Progetto Economia Reale funds of funds, Partners Group Direct Equity 2016 and the Fondo Strategico Trentino Alto Adige. In September 2026 it launched a tender for a €50M co-investment mandate in regional companies.
PORTFOLIO (14)
- Fondo Strategico Trentino Alto Adige – Trento (€26.7M commitment)since 2015
- Green Arrow Energy Fund (€13M commitment)since 2016
- Fondo Housing Sociale Trentino (€7.5M commitment)since 2016
- Partners Group Direct Equity 2016 (€25M commitment)since 2017
- Macquarie SuperCore Infrastructure Fund (€25M commitment)since 2017
- APPIA II Global Infrastructure Portfolio (€25M commitment)since 2018
- BNP Paribas European Infra Debt Fund (€25M commitment)since 2019
- FoF Private Debt Italia (€20M commitment)since 2021
- FoF Private Equity Italia (€10M commitment)since 2021
- FIA Euregio Plus PMI (€15.5M commitment)since 2022
- Tages Helios Net Zero (€20M commitment)since 2024
- Tikehau Direct Lending VI (€30M commitment)since 2024
- Muzinich Diversified Enterprises Credit II (€15M commitment)since 2024
- Capital Dynamics Clean Energy Europe (€15M commitment)since 2024
People
Links
Frequently asked questions
Laborfonds is a institutional investor based in Bolzano, Italy.
Laborfonds does not primarily put its own money into private companies. It also commits capital to third-party funds as an LP.
Laborfonds invests at Growth and Buyout stages.
Key people at Laborfonds include Lorenzo Bertoli (President), Alfred Ebner (Vice-President) and Eugenio Quarti (Interim General Manager).
Laborfonds's investments include Fondo Strategico Trentino Alto Adige – Trento (€26.7M commitment), Green Arrow Energy Fund (€13M commitment), Fondo Housing Sociale Trentino (€7.5M commitment), Partners Group Direct Equity 2016 (€25M commitment), Macquarie SuperCore Infrastructure Fund (€25M commitment), APPIA II Global Infrastructure Portfolio (€25M commitment), BNP Paribas European Infra Debt Fund (€25M commitment) and FoF Private Debt Italia (€20M commitment), among others.
No. Laborfonds invests its own capital and does not raise money from outside investors.