Fondo Priamo, Italy’s second-pillar pension fund for public transport sector employees, is tendering an Italian private debt mandate for a 15 million euros fund of funds. This is the first time that an Italian pension fund tenders a private debt mandate.
Priamo is actually planning to add private debt to its alternative assets portfolio. The fund had 1.266 billion euros of assets under management at the end of last year
Asset managers have until 3 February to provide the required documentation which is downloadable from Priamo’s internet site. Priamo is being assisted in the selection by Link Institutional Advisory.