Pension Fund

Updated:

ENPAPI

ENPAPI was created on March 24, 1998 under a decree from the Ministry of Labor and Social Policies. It serves self-employed nurses, health assistants and...

ENPAPI logo

ENPAPI

ENPAPI was created on March 24, 1998 under a decree from the Ministry of Labor and Social Policies. It serves self-employed nurses, health assistants and pediatric nurses through mandatory contribution collection and benefit payments. The fund holds multiple Rome properties including Via Alessandro Farnese 3 headquarters, Via Forlì 57, Via di Villa Albani units and Via Salaria 148. It participates in real estate funds such as Fondo Tendercapital VII ENPAPI Real Estate valued at 63 million USD, Fondo Chirone valued at 299 million EUR, and Fondo Tendercapital Real Asset valued at 25 million EUR. Additional commitments include F2i Secondo Fondo Italiano per le Infrastrutture, Fondo QuattroR, Fondo Italiano d'Investimento and EOS Fund of Funds. ENPAPI maintains memberships in ADEPP and Forum per la Finanza Sostenibile. Service providers include Blue SGR since 2021, Tendercapital since 2015, EY as auditor and BNP Paribas Securities Services as custodian. October 2024: Attended Forum AdEPP in Naples discussing pension fund autonomy and investment strategies. The fund operates under statutory public-law rules that separate its mandate from private family offices or asset managers, with investment decisions executed through regulated Italian SGR vehicles and direct property holdings.

General information

Firm type

Pension Fund

Year founded

1998

AUM

1591 (Altss estimate)

Location

Region

Europe

Country

Italy

City

Rome

Corporate office

Via Alessandro Farnese 3, 00192 Rome, Italy

Principals

Luigi Baldini

President

Francesco Rabotti

Director General

Sector focus

Real EstateInfrastructurePrivate Equity

Frequently asked questions

Who runs investment decisions at ENPAPI?

Luigi Baldini serves as President and Francesco Rabotti as Director General. External advisors including Blue SGR and Tendercapital execute mandates under board oversight.

Does ENPAPI participate in fund commitments or only direct deals?

The fund makes both direct real estate acquisitions in Rome and commitments to vehicles such as Fondo Chirone, Fondo Tendercapital VII and F2i infrastructure funds.

What asset classes does ENPAPI hold?

Holdings include direct residential and commercial properties in Rome, Italian government bonds, UCITS equity and bond funds, and private equity and infrastructure limited partnership interests.

Where does ENPAPI source its investments?

Acquisitions occur through Italian regulated managers and direct purchases of Rome real estate. The fund also holds positions in UCITS products and select private market funds.

How is ENPAPI related to ADEPP?

ENPAPI is a member of ADEPP, the association of Italian private social security institutions, and participates in its annual forum on pension governance.

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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