CDP Equity S.p.A.

Overview

Established in 2011, CDP Equity S.p.A. is a sovereign wealth fund dedicated to investing in strategic Italian companies, aiming to bolster their global competitiveness. The fund primarily focuses on sectors such as defense, security, infrastructure, public services, transportation, distribution, supply chain, communications, energy, insurance, financial intermediation, research, and high technology. It targets companies with a minimum turnover of €240 million and at least 200 employees, preferring minority stakes and active governance roles. The fund's investment strategy emphasizes industry consolidations, growth capital, and emerging growth opportunities. It seeks to create value through organic growth and acquisition plans, positioning itself as a bridge between long-term investors and high-quality Italian corporates. CDP Equity S.p.A. manages the FSI I fund, one of the largest European country-focused private equity funds, with total capital commitments amounting to approximately €1.4 billion. CDP Equity S.p.A. is wholly owned by Cassa Depositi e Prestiti, Italy's state-controlled lender, reflecting its commitment to supporting the national economy. The fund's diverse investor base includes European banks, insurance companies, asset managers, bank foundations, pension funds, family offices of large industrial groups, and sovereign wealth funds from the Middle East, Far East, and Central Asia. This broad support underscores the fund's role in fostering sustainable growth and development within Italy's industrial sector.

Investment Focus

• Companies with a minimum turnover of €240 million and at least 200 employees
• Preference for minority stakes with active governance roles