Progetto Iride Issues Inaugural Tender for Joint PE Investment

Posted on 03/22/2019

Progetto Iride, translated in English to Project Iris, is an investor group of five Italian pension funds. Progetto Iride issued an RFP for a private equity manager for a joint portfolio worth around €216 million.

The funds under Progetto Iride have €6,122,872,593 in assets as of December 31, 2018.

The five constituents of Progetto Iride are Foncer (€28 million allocation), Fondenergia (€72 million allocation), Fondo Gomma Plastica (€46 million allocation), Pegaso (€30 million allocation), and Previmoda (€39 million allocation).