The Italian Real Economy Project continues to make waves in the investment world, with the private equity and private debt fund of funds (FoFs) garnering a total of €800m in investments. This initiative, spearheaded by Assofondipensione in collaboration with CDP and Fondo Italiano d’Investimento, has drawn participation from 16 industry-wide pension funds, signaling a strong interest in supporting Italy’s economic growth.
Giovanni Maggi, president of Assofondipensione, emphasized the importance of these investments in driving the country’s development. With CDP co-investing significant sums in the Private Equity Italia and Private Debt Italia FoFs, the stage is set for strategic capital allocation in key sectors like infrastructure.
Pension funds in Italy are pushing for changes to the taxation regime, hoping for a more favorable environment to boost investments and benefit the economy. Maggi advocates for a competitive tax structure that incentivizes investments, highlighting the positive impact it can have on the country’s overall growth.
As the association forges ahead with its investment strategies, the potential for collaboration between public institutions and pension funds looms large. By addressing critical issues and exploring tax exemptions on returns from alternative investments, Assofondipensione aims to pave the way for continued success and sustainable economic progress in Italy.
