CAP Prévoyance (CPI SIG)

CAP Prévoyance (CPI SIG)

CAP Prévoyance (CPI SIG) operates as the mandatory occupational pension fund for employees of the Services Industriels de Genève (SIG), the public utility providing water, gas, electricity, and energy services to the Canton of Geneva. The City of Geneva exerts significant governance influence, holding 7 of the 16 seats on the foundation council. The fund carries formal ties to sustainable finance networks including Sustainable Finance Geneva and Ethos Engagement Pool, signaling an investment policy attentive to environmental, social, and governance factors. The fund's known allocation spans direct real estate, private equity, infrastructure, and precious metals. Real estate holdings are concentrated in Geneva, anchored by the commercial building at Rue de Lyon 93. A dedicated Capacity Fund targets investments that support economic activity within the Geneva region, blending a local development mandate with fiduciary return objectives. Gold exposure adds a hard-asset component to the portfolio. The fund's strategy integrates engagement via Ethos pools, exercising shareholder influence across Swiss and international holdings. Oversight rests with a foundation council dominated by employer and municipal representatives, reflecting the public-service character of the sponsoring entity. Director Mauro Camozzato sits on the board, while Sandrine Salerno, a former Mayor of Geneva, previously served as president of the council. The fund participates in the Swiss pension association ASIP, operating within the country's well-capitalized, three-pillar retirement framework. No recent operational events are verifiable from primary sources. The fund's structural differentiator is its dual identity: a regulated Swiss pension fund executing a standard multi-asset mandate, yet tethered to a specific public utility employer and a city government that exerts direct boardroom control. This municipal-utility governance model shapes both its local investment priorities and its conservative, tangible-asset orientation.