Previndai
Also known as Previndai – Fondo Pensione, Fondo pensione per i dirigenti di aziende industriali
Rome-based pension fund for Italian industrial executives (COVIP no. 1417); €16.0bn net assets (end-2025); €654M committed to 22 private equity, private debt and infrastructure funds since 2019.
- HEADQUARTERS
- Rome, Italy
- FOUNDED
- —
- AUM
- €16B (2025)
- OUTSIDE CAPITAL
- No — own capital only
- TEAM LISTED
- 3 people
Focus
- STAGES
- GrowthBuyout
- SECTORS
- —
- ASSET MIX
- Private equityPrivate creditFunds (as LP)Public equities
- GEOGRAPHY
- ItalyEurope
Overview
Previndai is the supplementary pension fund for executives (dirigenti) of Italian industrial companies, registered with COVIP under no. 1417 and based in Rome. Its net assets in the accumulation phase reached €16.01bn at the end of 2025. Since 2019 its Bilanciato and Sviluppo compartments have subscribed directly to alternative investment funds: 22 FIA at end-2025 across Italian private equity, European private debt and Italian and European infrastructure, with €654M committed and about €505M called. It plans further commitments, including Italian venture capital, towards a 12% target weight.
PORTFOLIO (22)
- Progressio Investimenti III – Progressio SGR
- Progressio Investimenti IV – Progressio SGR
- NB Renaissance Partners III SCSp – Neuberger Berman
- Star IV Private Equity Fund – Star Capital SGR
- Clessidra Capital Partners 4 – Clessidra Private Equity SGR
- Nextalia Private Equity – Nextalia SGR
- Hyle Finance For Food One – Hyle Capital Partners
- Algebris Green Transition Fund
- Quadrivio Silver Economy Fund
- ITA Investment Holding Fund SCSp-RAIF
- Barings European Private Loan Fund II
- Permira Credit Solutions V Fund
- Muzinich Diversified Enterprises Credit II
- Tikehau Direct Lending VI
- Fondo Infrastrutture per la Crescita – ESG – Azimut Libera Impresa SGR
- F2i Fondo per le Infrastrutture Sostenibili – F2i SGR
- Eurizon ECRA Infrastrutture – Eurizon Capital Real Asset SGR
- Tages Helios Net Zero – Tages Capital SGR
- Ancala Infrastructure Fund II SCSp
- Equitix European Infrastructure I SCSp
- Ardian Infrastructure Fund VI
- DWS Pan-European Infrastructure Fund IV SCSp
People
Links
Frequently asked questions
Previndai is a institutional investor based in Rome, Italy.
Previndai does not primarily put its own money into private companies. It also commits capital to third-party funds as an LP.
Previndai invests at Growth and Buyout stages.
Key people at Previndai include Giuseppe Straniero (Chairman), Gianni Filippa (Vice-Chairman) and Oliva Masini (Director General).
Previndai's investments include Progressio Investimenti III – Progressio SGR, Progressio Investimenti IV – Progressio SGR, NB Renaissance Partners III SCSp – Neuberger Berman, Star IV Private Equity Fund – Star Capital SGR, Clessidra Capital Partners 4 – Clessidra Private Equity SGR, Nextalia Private Equity – Nextalia SGR, Hyle Finance For Food One – Hyle Capital Partners and Algebris Green Transition Fund, among others.
No. Previndai invests its own capital and does not raise money from outside investors.