Fondazione Cariplo

Fondazione Cariplo

Fondazione Cariplo was formed in 1991 when the philanthropic division of Cassa di Risparmio delle Provincie Lombarde was separated into an independent foundation. The entity continues to receive dividend income from its legacy banking shareholdings and deploys those resources into grant programs and direct investments. The foundation allocates across private equity, real estate and public equities. It holds a 43.98 percent stake in Quaestio Holding SA and an 8 percent interest in Investire SGR. Confirmed positions include a $3.1 billion stake in Intesa Sanpaolo and a $63 million minority interest in the Re-City urban regeneration fund managed by Redo SGR. Geographic exposure centers on Italy with additional holdings routed through Luxembourg vehicles. The organization employs 130 staff and maintains its headquarters at Palazzo Confalonieri in Milan. It controls two philanthropic subsidiaries, Fondazione Housing Sociale and Fondazione Social Venture Giordano Dell'Amore, both established in the mid-2000s. No operational events from the last 24 months appear in public records. Ownership of operating subsidiaries such as F2i SGR and Redo SGR creates a hybrid structure that combines grant-making with direct control of investment platforms.