Pension Fund

Updated:

Fondo Pegaso

Fondo Pegaso was created in 1998 by the federation of public utility companies. It delivers complementary pension services exclusively to employees in that...

Fondo Pegaso logo

Fondo Pegaso

Fondo Pegaso was created in 1998 by the federation of public utility companies. It delivers complementary pension services exclusively to employees in that sector. The fund allocates across private equity, infrastructure and private debt. Current private equity exposure stands at 2.04 percent against a 2.91 percent target. Confirmed positions include commitments to Renaissance Fund and Aurora Fund through Progetto Iride, plus Green Arrow Capital and Tages Capital through Progetto Vesta. Geographic reach covers Italy and broader Europe. Assets total $1.7B with a staff of 21 professionals based in Rome. The fund participates in Salone SRI 2024 as a speaker on sustainable investment and attended Euronext Sustainability Week in 2025. It works with providers including StepStone Group for private debt and Unipol Assicurazioni for investment management. The fund operates under mandates that require SFDR Article 8 and 9 classifications and exclude weapons, tobacco, gambling and prostitution sectors. Governance ties directly to Utilitalia as founder and to Assofondipensione and Mefop as industry partners.

General information

Firm type

Pension Fund

Year founded

1998

Location

Region

Europe

Country

Italy

City

Rome

Corporate office

Via Savoia 82, 00198 Rome, Italy

Sector focus

Private EquityInfrastructurePrivate Debt

Frequently asked questions

Who are the beneficiaries of Fondo Pegaso?

The fund serves employees of public utility companies that belong to the Utilitalia federation.

How does Fondo Pegaso structure its private market commitments?

Commitments occur through consortium vehicles including Progetto Iride for private equity and Progetto Vesta for infrastructure.

What is Fondo Pegaso's current private equity allocation?

Private equity represents 2.04 percent of assets against a 2.91 percent target allocation.

Which ESG standards does Fondo Pegaso follow?

The fund has been a PRI signatory since 2014, belongs to Forum per la Finanza Sostenibile and applies SFDR Article 8 and 9 requirements.

Which sectors does Fondo Pegaso exclude from new mandates?

New mandates exclude weapons, tobacco, gambling and prostitution.

Profile maintained by 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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