Pension Fund

Updated:

Cassa di Previdenza Aziendale per il Personale del Monte dei Paschi di Siena

The Cassa di Previdenza Aziendale per il Personale del Monte dei Paschi di Siena was founded in 1999 as the corporate pension vehicle for Banca Monte dei...

Cassa di Previdenza Aziendale per il Personale del Monte dei Paschi di Siena logo

Cassa di Previdenza Aziendale per il Personale del Monte dei Paschi di Siena

The Cassa di Previdenza Aziendale per il Personale del Monte dei Paschi di Siena was founded in 1999 as the corporate pension vehicle for Banca Monte dei Paschi di Siena S.p.A. Fiorella Ferri, who also serves as Chief Human Capital Officer at the bank, leads the board. Agostino Cingarlini acts as director and maintains a board seat at Fondazione Banca Agricola Mantovana. The fund allocates across real estate and mixed-use vehicles with an explicit sustainable investment mandate. Confirmed holdings include Fondo MHREC, Fondo FPV and Fondo HIREF, all focused on Italian commercial and hospitality assets. Geographic exposure centers on Italy with secondary ties to other European markets through association memberships. The fund operates under COVIP registration and integrates ESG criteria across its portfolio. No public disclosure exists on total assets or headcount. The firm maintains memberships in UNPRI since 2019, Forum per la Finanza Sostenibile and AIFI. No operational events from the last 24 months appear in available records. The fund's structure ties directly to its sponsoring bank through board overlap and employee membership, creating a closed governance loop uncommon among independent Italian pension vehicles.

General information

Firm type

Pension Fund

Year founded

1999

Location

Region

Europe

Country

Italy

City

Siena

Corporate office

Siena, SI, Italy

Principals

Fiorella Ferri

Chairperson of the Board of Directors

Agostino Cingarlini

Director

Sector focus

Sustainable Investing

Frequently asked questions

Who runs investment decisions at Cassa di Previdenza Aziendale per il Personale del Monte dei Paschi di Siena?

Fiorella Ferri chairs the board of directors. Agostino Cingarlini serves as director and oversees day-to-day operations.

How is the fund related to Banca Monte dei Paschi di Siena?

The Cassa functions as the corporate pension fund exclusively for the bank's employees and was established by the bank in 1999.

Does the fund participate in private equity or real estate?

The fund holds positions in Italian real estate vehicles including Fondo MHREC, Fondo FPV and Fondo HIREF.

What sustainability commitments has the fund made?

It integrated a sustainable investment policy in 2009 and became a UNPRI signatory in 2019. It also belongs to Forum per la Finanza Sostenibile.

Where does the fund invest geographically?

Primary exposure is to Italian real estate and supplementary pension assets based in Siena.

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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