Pension Fund

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Arco Fondo Nazionale Pensione

Arco Fondo Nazionale Pensione operates as a negotiated pension fund established through agreements between employer association FederlegnoArredo and trade...

Arco Fondo Nazionale Pensione

Arco Fondo Nazionale Pensione operates as a negotiated pension fund established through agreements between employer association FederlegnoArredo and trade unions FENEAL-UIL, FILCA-CISL and FILLEA-CGIL. It serves workers in the wood, furniture and related industries under a defined contribution structure. The fund deploys capital through commitments to Fondo Italiano d'Investimento SGR vehicles covering private equity, private debt and infrastructure strategies. Confirmed positions include Fondo Italiano d'Investimento SGR - FoF Private Equity Italia, FoF Private Debt Italia and FoF Infrastrutture. Allocations remain concentrated in Italy with additional exposure to broader European private equity funds. Assets total $860 million. The fund maintains memberships in Assofondipensione, Forum per la Finanza Sostenibile and Principles for Responsible Investment since March 2020. January 2025: Attended Assofondipensione Progetto Engagement on ESG engagement and active ownership. Governance rests with a board that includes designees from employer organizations and trade unions, creating a joint labor-management structure typical of Italian negotiated pension funds.

General information

Firm type

Pension Fund

Year founded

2001

Location

Region

Europe

Country

Italy

City

Milan

Principals

Manfredo Turchetti

President of the Board of Directors

Massimo Malavasi

Director General

Sector focus

Private EquityPrivate DebtInfrastructure

Frequently asked questions

Who runs investment decisions at Arco Fondo Nazionale Pensione?

Manfredo Turchetti serves as President of the Board of Directors. Massimo Malavasi acts as Director General. External managers including UnipolSAI Assicurazioni, Allianz Global Investors and Eurizon Capital SGR handle day-to-day portfolio execution.

Does Arco Fondo Nazionale Pensione participate in fund commitments or only direct deals?

The fund commits exclusively as a limited partner to commingled vehicles. Primary exposures run through Fondo Italiano d'Investimento SGR funds focused on Italian private equity, private debt and infrastructure.

What investment stages does Arco Fondo Nazionale Pensione typically target?

Commitments target closed-end private equity and debt funds with 10- to 15-year horizons. Ticket sizes range from $10 million to $30 million per vehicle.

How is Arco Fondo Nazionale Pensione related to its founding associations?

FederlegnoArredo, FENEAL-UIL, FILCA-CISL and FILLEA-CGIL established the fund through collective bargaining agreements. These organizations continue to designate board members and shape the mandate.

Where does Arco Fondo Nazionale Pensione maintain service providers?

BFF Bank S.p.A. serves as custodian. Previnet S.p.A. provides administration. Deloitte & Touche S.p.A. acts as legal auditor. European Investment Consulting provides financial advisory services.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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