Italian Strategic Fund

Italy US$ 6.0 Billion
Established: 2011
Transparency Rating: N/A
View Asset Allocation
Related Articles
Origin: Non-Commodity
Firm Investment Style: Mostly Portfolio
Entity Structure: Fund
Population Est.: 60.92 million – 2012
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
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 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.

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

Governance
The FSI has a board of directors.

HOME   WEALTH FUND RANKINGS   CONTACT SOVEREIGN WEALTH FUND INSTITUTE