# Fondazione Cariplo

Fondazione Cariplo is an Endowment / Foundation based in Milan, Italy.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Milan, Italy
- **Region:** Europe
- **Address:** Via Manin, 23, Milan, Italy
- **Founded:** 1991
- **Assets under management:** €13.05B
- **Website:** fondazionecariplo.it
- **LinkedIn:** https://www.linkedin.com/company/fondazione-cariplo

## Regulatory record

- **Reports private funds:** No

## About

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.

## Sectors

- Real Estate
- Infrastructure
- Financial Services

## Questions

### Who runs investment decisions at Fondazione Cariplo?

Investment decisions are executed through external managers including Quaestio Capital Management SGR, which has served as investment advisor since 2010.

### Does Fondazione Cariplo participate in fund commitments or only direct deals?

The foundation holds both fund interests, such as the Quaestio Alternative Fund, and direct equity stakes in listed companies and asset managers.

### What is Fondazione Cariplo's known posture on co-investments alongside external GPs?

It co-invests through vehicles such as the Re-City fund alongside Redo SGR and maintains relationships with Cassa Depositi e Prestiti on infrastructure projects.

## Related profiles

- [European Patent Office Reserve Fund](https://altss.com/profile/european-patent-office-reserve-fund)
- [Wealthtime](https://altss.com/profile/wealthtime)

---

Last updated: 2026-07-10T23:40:55.000Z

Canonical page: https://altss.com/profile/fondazione-cariplo

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