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Foncer
Foncer operates as the contractual pension fund for the Italian ceramic industry. It was established to manage retirement contributions from employers...
Foncer
Foncer operates as the contractual pension fund for the Italian ceramic industry. It was established to manage retirement contributions from employers represented by Confindustria Ceramica and workers represented by FILCTEM-CGIL, FEMCA-CISL and UILTEC-UIL. The fund deploys capital across buyout, growth and natural resources strategies. It participates in Progetto Iride, a private equity vehicle alongside Gomma Plastica, Pegaso and Previmoda focused on European and Italian transactions. It also holds interests in Progetto Vesta infrastructure investments and Progetto Zefiro private debt managed by StepStone Group. Geographic exposure centers on Italy and broader Europe. Foncer maintains service relationships with BFF Bank as custodian, Previnet for administration, Prometeia as advisor and Deloitte as auditor. It belongs to Assofondipensione, Mefop and COVIP. In September 2024 the fund attended Cersaie in Bologna to engage members from the ceramic sector. Governance splits leadership between employer and worker representatives, with investment execution handled through external managers including Eurizon Capital and Generali Insurance Asset Management.
General information
Firm type
Pension Fund
Location
Region
Europe
Country
Italy
City
Sassuolo
Corporate office
Via Felice Cavallotti, 106, Sassuolo, Italy, 41049
Principals
Giacomo Giovanardi
President
Massimo Guerranti
Vice President
Sector focus
Frequently asked questions
Who runs investment decisions at Foncer?
Giacomo Giovanardi serves as President and Massimo Guerranti as Vice President. External managers including Eurizon Capital and Generali Insurance Asset Management execute mandates.
Does Foncer participate in fund commitments or only direct deals?
Foncer commits through joint vehicles such as Progetto Iride, Progetto Vesta and Progetto Zefiro alongside other Italian pension funds.
What investment stages does Foncer typically target?
The fund targets buyout and growth strategies through its private equity and private debt consortia.
Where does the underlying wealth come from?
Contributions originate from employers and employees in the Italian ceramic and refractory materials industry under a defined contribution structure.
How is Foncer related to Confindustria Ceramica?
Confindustria Ceramica founded the fund and continues to represent the employer side on its governance board.
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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