Pension Fund

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Fondo Pensione Alifond

Alifond operates as a multi-employer defined-contribution pension fund anchored in Italy's national collective bargaining framework. The fund was established...

Fondo Pensione Alifond logo

Fondo Pensione Alifond

Alifond operates as a multi-employer defined-contribution pension fund anchored in Italy's national collective bargaining framework. The fund was established jointly by Federalimentare, the employers' association for the food and beverage sector, and the three main trade unions — Fai-Cisl, Flai-Cgil, and Uila-Uil — under the industry-wide labor agreement for food-sector workers. Its members are employees of companies that apply that national contract, making Alifond a sector-specific vehicle for retirement savings rather than a single-company fund. The fund pursues a growth-oriented mandate through allocations to private equity and infrastructure. Strategy records indicate a buyout focus across its private equity commitments, with the fund participating in European-domiciled alternative investment vehicles. An identified holding is the European Infrastructure and Private Equity AIF, a mixed-use fund deploying capital across continental Europe. Alifond reports its total net assets for benefits from its Rome headquarters, though the fund does not publish a publicly disclosed AUM figure. Governance sits with President Fabio Barigazzi and Director Raffaello Durante, who oversee operations from Rome. Alifond maintains membership in Assofondipensione, the Italian association of contractual pension funds, alongside Mefop, the public-private company charged with developing Italy's pension fund market. It also participates in the Forum per la Finanza Sostenibile, the national sustainable investment forum, signaling a formal commitment to ESG integration within its investment policy. The fund's essential structural differentiator is its bipartite governance model, jointly controlled by labor and employer representatives under a sector-level collective agreement. Unlike corporate pension funds tied to a single sponsor's balance sheet, Alifond's constituency and oversight are split evenly between unions and the food-industry employers' federation. This design embeds fiduciary decisions within Italy's broader system of industrial relations, where investment strategy must balance return objectives against the consensus demands of social partners.

Website
alifond.it

General information

Firm type

Pension Fund

Location

Region

Europe

Country

Italy

City

Rome

Corporate office

Rome, Italy

Principals

Fabio Barigazzi

President

Raffaello Durante

Director

Sector focus

Private EquityInfrastructure

Frequently asked questions

How is Alifond structured relative to a single-company pension fund?

Alifond is a multi-employer contractual pension fund, meaning it covers workers across any company that applies the national collective bargaining agreement for Italy's food and beverage sector. This structure pools contributions from a diverse base of employers and employees rather than being tied to a single corporate sponsor. Governance is shared equally between trade union and employer-association appointees.

Where does Alifond's membership base come from?

Membership is compulsory-optional under Italy's second-pillar pension framework: workers covered by the national food-industry collective agreement can elect to direct their severance indemnity (TFR) contributions to Alifond. The employer base spans food manufacturers and processors whose labor contracts are negotiated by Federalimentare, giving the fund a concentrated sector exposure in its participant base but a diversified investment portfolio.

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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