# Ente Nazionale di Previdenza e Assistenza per i Consulenti del Lavoro

Ente Nazionale di Previdenza e Assistenza per i Consulenti del Lavoro is a Pension Fund based in Rome, Italy.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Rome, Italy
- **Region:** Europe
- **Address:** Rome, Italy
- **Founded:** 1995
- **Assets under management:** Undisclosed
- **Website:** www.enpacl.it
- **LinkedIn:** https://linkedin.com/company/enpacl

## Regulatory record

- **Reports private funds:** No

## About

Ente Nazionale di Previdenza e Assistenza per i Consulenti del Lavoro was established in 1995 to administer mandatory pension coverage for labour consultants in Italy. Stefano Dalla Mutta succeeded Sergio Giorgini as President after the latter resigned in March 2026. The fund allocates across real estate, private credit, and select venture and growth strategies. Confirmed holdings include Fondo Bernini, Via Tritone commercial property, Villaggio Olimpico student residence and Optimum USA Property vehicles. Geographic exposure centers on Italy with additional positions in the United States. It executes through direct property ownership, managed funds, and co-financing agreements rather than broad fund-of-funds commitments. The organization maintains institutional offices across Italian provinces and participates in Adepp and Forum per la Finanza Sostenibile. It also maintains a strategic agreement with Cassa Depositi e Prestiti for member credit access and partners with EMAPI on integrated welfare services. March 2026 leadership transition occurred alongside ongoing management of the SICAV ENPACL Multilabel structure. Governance centers on elected professional leadership drawn from the consultant membership base, with operational execution supported by a Director General and external asset managers for specialized vehicles.

## Sectors

- Real Estate
- Private Credit

## People

- Stefano Dalla Mutta — President
- Marco Bertucci — Vice President
- Fabio Faretra — Director General
- Sergio Giorgini — Former President

## Questions

### Who runs investment decisions at Ente Nazionale di Previdenza e Assistenza per i Consulenti del Lavoro?

Stefano Dalla Mutta serves as President. Marco Bertucci holds the Vice President role and Fabio Faretra acts as Director General. Investment execution occurs through external managers for specific vehicles such as Sorgente SGR and COIMA.

### Does Ente Nazionale di Previdenza e Assistenza per i Consulenti del Lavoro participate in fund commitments or only direct deals?

It also maintains financing agreements with Cassa Depositi e Prestiti.

### What is Ente Nazionale di Previdenza e Assistenza per i Consulenti del Lavoro known posture on co-investments alongside external GPs?

The fund partners with Cassa Depositi e Prestiti on credit facilities and with specialized managers on real estate vehicles. No broad pattern of LP commitments to third-party GPs is documented in available records.

### How is Ente Nazionale di Previdenza e Assistenza per i Consulenti del Lavoro related to Adepp?

It is a member of Adepp, the association of private Italian pension funds. This affiliation supports coordination on regulatory and operational matters among similar entities.

## Related profiles

- [Key Capital Investment Management](https://altss.com/profile/key-capital-investment-management)
- [Diversified Management](https://altss.com/profile/diversified-management)

---

Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/ente-nazionale-di-previdenza-e-assistenza-per-i-consulenti-del-lavoro

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology