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EPAP
EPAP operates as a private-sector pension fund based in Rome. It provides pensions and assistance services to professionals across the fields of actuarial...
EPAP
EPAP operates as a private-sector pension fund based in Rome. It provides pensions and assistance services to professionals across the fields of actuarial science, chemistry and geology. Carlo Cassaniti holds the presidency under a mandate running through 2030. The fund allocates across real estate, private debt and public securities. Confirmed holdings include Clean Energy One photovoltaic parks in Italy, Fondo Parchi Agroalimentari Italiani in Bologna, Optimum Evolution Fund USA Property I, Eurazeo Private Debt VII, Tikehau Direct Lending VI and Alcentra European Direct Lending Fund III. Geographic exposure spans Italy, other European markets and the United States. Public positions include stakes in BlackRock Global Funds and Italian government bonds. EPAP reports $1.56 billion in assets. It maintains membership in ADEPP, the association of Italian private pension funds. Service providers include BNP Paribas Securities Services as custodian and Mangusta Risk Limited as investment advisor. January 2025: EPAP participated as speaker in a Parliamentary Hearing on financial investments and asset composition of pension funds. EPAP maintains a direct ownership stake in its Rome headquarters building. It also holds a strategic participation in the capital of the Bank of Italy. These positions reflect a mandate that combines pension administration with selective direct and fund investments.
General information
Firm type
Pension Fund
Location
Region
Europe
Country
Italy
City
Rome
Corporate office
Via Vicenza 7, Rome, Italy
Principals
Carlo Cassaniti
President
Stefano Poeta
Vice President
Sector focus
Frequently asked questions
Who runs investment decisions at EPAP?
Carlo Cassaniti serves as President with a mandate through 2030. Stefano Poeta acts as Vice President. The fund also works with Mangusta Risk Limited as investment advisor.
What asset classes does EPAP allocate to?
EPAP holds real estate, private debt funds, commodities exposure and public securities including Italian government bonds and BlackRock-managed vehicles.
Does EPAP participate in fund commitments or only direct deals?
EPAP commits to external funds including Eurazeo Private Debt VII, Tikehau Direct Lending VI, Xenon Fidec and Partners Group Private Markets Credit Strategies 2017.
Which sectors does EPAP target?
The fund shows repeated exposure to energy and utilities, renewable energy projects and private debt strategies across Europe and the United States.
How is EPAP related to ADEPP?
EPAP is a member of ADEPP, the Italian association of private pension funds, and participates alongside other member entities on industry matters.
What is EPAP's known posture on co-investments alongside external GPs?
EPAP acts as limited partner in multiple direct lending and private debt funds managed by external sponsors such as Eurazeo, Tikehau and Alcentra.
Where does the underlying wealth come from?
EPAP collects contributions from Italian professionals in the actuarial, chemical and geological fields to fund their pension and assistance benefits.
Profile maintained by Altss 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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