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Previndai
Previndai began operations in 1990 as a negotiated pension fund serving industrial managers. Confindustria and Federmanager jointly established the vehicle to...
Previndai
Previndai began operations in 1990 as a negotiated pension fund serving industrial managers. Confindustria and Federmanager jointly established the vehicle to administer supplementary retirement benefits. Giuseppe Straniero serves as president and Oliva Masini as general manager. The fund allocates across private equity, infrastructure equity, and fixed income. Confirmed holdings include commitments to F2i Sustainable Infrastructure Fund, Equitix Infrastructure Fund, Ancala Infrastructure Fund, and Azimut Libera Impresa Fondo Infrastrutture per la Crescita. Additional positions exist with Progressio SGR, Clessidra Private Equity, Nextalia SGR, Permira Credit, Muzinich & Co., Tikehau Investment Management, and Neuberger Berman. Geographic exposure centers on Italy and broader Europe. Previndai employs 39 professionals at its Rome headquarters. It maintains memberships in COVIP and Assofondipensione. In September 2024 the fund sponsored manager selection tenders for multi-asset portfolios. It also operates the Premio di Laurea Franco Di Giovambattista scholarship for theses on supplementary social security. The fund's structure ties directly to Italy's industrial employer associations. This origin shapes mandate selection and governance through ongoing oversight by Confindustria and Federmanager representatives.
General information
Firm type
Pension Fund
Year founded
1990
Location
Region
Europe
Country
Italy
City
Rome
Corporate office
Via Palermo, 8, Roma, Lazio, Italy, 00184
Principals
Giuseppe Straniero
President
Oliva Masini
General Manager
Sector focus
Frequently asked questions
Who runs investment decisions at Previndai?
Giuseppe Straniero serves as president. Oliva Masini holds the general manager role. The board oversees asset allocation with support from Link Institutional Advisory.
How does Previndai source proprietary deal flow?
The fund participates in manager selection tenders and maintains relationships with Italian and European asset managers. It also draws on its founding associations for introductions.
Does Previndai participate in fund commitments or only direct deals?
Previndai acts as a limited partner in infrastructure and private equity funds. It does not execute direct company investments.
What investment stages does Previndai typically target?
The fund targets buyout and growth strategies through its private equity allocations. Infrastructure commitments focus on operational assets.
Where does the underlying wealth come from?
Contributions come from industrial managers and their employers under Italy's supplementary pension framework. Confindustria and Federmanager established the fund in 1990.
Does Previndai maintain philanthropic structures, and how are they separated?
Previndai awards the annual Premio di Laurea Franco Di Giovambattista for academic work on social security. The prize operates separately from investment activities.
What is Previndai's known posture on co-investments alongside external GPs?
No co-investment program is disclosed. The fund invests through fund commitments and managed accounts with external managers.
Profile maintained by Altss 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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