# Previmoda

Previmoda is a Pension Fund based in Milan, Italy.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Milan, Italy
- **Region:** Europe
- **Address:** Via Tommaso Agudio 1, Milan, Lombardy, Italy, 20154
- **Founded:** 1998
- **Assets under management:** 1816 (Altss estimate)
- **Website:** previmoda.it
- **LinkedIn:** https://www.linkedin.com/company/previmoda-fondo-pensione/

## Regulatory record

- **Reports private funds:** No

## About

Previmoda was founded in 1998 as the supplementary pension vehicle for employees in Italy's textile, apparel, footwear and tanning industries. The scheme is sponsored by Sistema Moda Italia and the trade unions FILCTEM-CGIL, FEMCA-CISL and UILTEC-UIL. Fabio Cappuccio serves as Director General. The fund deploys capital into private equity, private debt and infrastructure via consortium structures. Confirmed positions include Progetto Iride, Progetto Zefiro, Progetto Vesta, PMI Italia and Private Equity Italia. Geographic exposure centers on Italy and the broader European Union, with limited positions in the United States through private debt vehicles. External managers include Neuberger Berman, StepStone Group and Eurizon Capital Real Asset. The organization employs 11 professionals and maintains a single office in Milan. It participates in the Assofondipensione industry association and attended the IPE Conference & Awards in November 2025. Service providers encompass Depobank as custodian, Prometeia Advisor SIM as financial advisor and UnipolSai Assicurazioni as annuity provider.

## Sectors

- Private Equity
- Infrastructure
- Private Debt

## People

- Fabio Cappuccio — Director General

## Questions

### Who runs investment decisions at Previmoda?

Fabio Cappuccio serves as Director General. Day-to-day portfolio construction is executed through external managers including Neuberger Berman, StepStone Group and Eurizon Capital Real Asset.

### Does Previmoda participate in fund commitments or only direct deals?

The fund invests exclusively through consortium vehicles and fund-of-funds structures such as Private Equity Italia and PMI Italia. No direct company-level holdings are disclosed.

### What investment stages does Previmoda typically target?

Allocations focus on buyout and growth strategies within private equity and private debt. Infrastructure exposure occurs through dedicated European consortia.

### How is Previmoda related to Sistema Moda Italia?

Sistema Moda Italia acts as a founding sponsor alongside the trade unions FILCTEM-CGIL, FEMCA-CISL and UILTEC-UIL. The relationship defines the eligible membership base for the pension scheme.

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- [Al Rajhi Takaful](https://altss.com/profile/al-rajhi-takaful)
- [Anglian Water Pension Scheme](https://altss.com/profile/anglian-water-pension-scheme)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/previmoda

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