Previdenza Cooperativa

Previdenza Cooperativa

Previdenza Cooperativa was founded in 2018 by Confcooperative, Legacoop, AGCI and the CGIL, CISL, UIL trade unions. It operates as a non-profit vehicle delivering pension and welfare services exclusively to employees of Italian cooperatives. The fund deploys capital through mandates in private equity, private debt and infrastructure. Confirmed holdings include an 80 million EUR mandate with DeA Capital Alternative Funds SGR, a 15 million EUR commitment to Fondo di Fondi Private Equity Italia and a 10 million EUR commitment to Fondo di Fondi Private Debt Italia, both managed by Fondo Italiano d'Investimento SGR. Geographic exposure centers on Italy and broader Europe. Liquidity terms impose long-term lock-ups consistent with pension liability profiles. Assets total 2.592 billion USD. The fund maintains memberships in Assofondipensione and Mefop. In February 2026 it sponsored the Assemblea Nazionale delle Delegate e dei Delegati focused on governance and sustainability topics. Service providers include BNP Paribas as custodian and AXA Investment Managers, Eurizon Capital, Generali Asset Management, J.P. Morgan Asset Management, Schroders and Unipol Assicurazioni as investment advisors. Previdenza Cooperativa participates in the Progetto Economia Reale alongside Cassa Depositi e Prestiti and Assofondipensione to direct pension capital into the domestic economy. Founding cooperative associations retain formal governance roles that shape mandate selection and ESG voting coordination.