Pension Fund

Updated:

Fondo Perseo Sirio

Fondo Perseo Sirio was established in 2014 through the merger of two predecessor funds serving Italian public administration and healthcare workers.

Fondo Perseo Sirio logo

Fondo Perseo Sirio

Fondo Perseo Sirio was established in 2014 through the merger of two predecessor funds serving Italian public administration and healthcare workers. Riccardo Realfonzo serves as president for the 2024-2027 term while Maurizio Sani acts as director general. The fund maintains three compartments. Comparto Garantito is managed by Unipol Assicurazioni. Comparto Obbligazionario and Comparto Azionario are managed by HSBC Asset Management. It also holds a position in FOF Private Equity Italia through the equity compartment. Allocations remain focused on Italy with limited exposure to global markets via the equity sleeve. The organization employs 15 professionals at its Rome headquarters. It participates in industry events including the 10th Anniversary Merger Event held in April 2024 at Casa del Jazz in Rome and the 41st ANCI Assembly in November 2024. The fund belongs to Assofondipensione and the Forum per la Finanza Sostenibile. Governance centers on a board elected by member representatives from ARAN and participating unions, with investment decisions executed through appointed external managers rather than an internal team.

General information

Firm type

Pension Fund

Year founded

2014

Location

Region

Europe

Country

Italy

City

Rome

Corporate office

Via Aniene, 14, Rome, Latium, Italy, 00198

Principals

Riccardo Realfonzo

President of the Board of Directors

Antonio Gioiosa

Vice President

Maurizio Sani

Director General

Frequently asked questions

Who runs investment decisions at Fondo Perseo Sirio?

External managers execute allocations. Unipol Assicurazioni oversees the guaranteed compartment while HSBC Asset Management runs the bond and equity compartments.

How does Fondo Perseo Sirio source proprietary deal flow?

The fund does not pursue proprietary direct deals. It selects external managers through formal mandates.

Is Fondo Perseo Sirio structured as a single family office or does it operate more like a venture firm?

It operates as a contractual pension fund under Italian law, governed by a board representing plan participants and public employers.

Does Fondo Perseo Sirio participate in fund commitments or only direct deals?

It commits to external managers and holds one known position in FOF Private Equity Italia via the equity compartment.

What investment stages does Fondo Perseo Sirio typically target?

The fund targets long-term pension assets with restricted liquidity windows typical of Italian negotiated pension schemes.

Where does the underlying wealth come from?

Contributions come from public administration and healthcare workers enrolled in the supplementary pension scheme.

Does Fondo Perseo Sirio maintain philanthropic structures, and how are they separated?

No philanthropic structures are disclosed. The entity functions solely as a non-profit pension association.

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