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Italian Strategic Fund

Italy US$ 6.0 Billion Origin: Non-Commodity

Profile Directories

Sovereign Wealth Funds

Public Funds

Established: 2011
Transparency Rating: N/A
View SWFI Direct Transaction Data
Entity Structure: Fund
Population Est.: 60.92 million – 2012

Fund Details

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Strategy & Objectives

SWF Asset Allocation

Key Executives and People


Main Office

PALAZZO BUSCA
C.so Magenta, 71 – 20123 Milano
Italy
Tel: 0039 02 46744330

Governance

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Summary

The fund will support the growth of Italian strategic companies to compete globally. FSI’s activity is restricted to healthy and profitable Italian businesses, with solid growth prospects, in need of capital injection to enlarge their business and be competitive on a global scale.

Background on Fondo Strategico Italiano
In late July 2011, the government of Italy launched a €4 billion state-backed strategic development sovereign wealth fund. The fund’s purpose is to invest in strategic Italian companies and assets. It is named Fondo Strategico Italiano (FSI) or the Italian Strategic Fund.

The initial capitalization was totaled to be €1 billion. 90% contributed by Cassa Depositi e Prestiti (CDP) and 10% from Fintecna. The CDP is ready to inject a total amount of €4 billion.

Historical Assets Under Management

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