Fondazione ENASARCO

Pension fund

Italy

Verified

Fondazione ENASARCO has 3 documented commitments across 3 funds. Typical fund size 75-150M. Most active in Italy.

Distinct funds backed3

Typical fund size75-150M

LPs seen in the same funds2

Sectors backedDeep tech and climate tech, Early-stage technology, Early-stage biotech from Italian research

Documented commitments3

HeadquartersItaly

Geographic focusItaly and Europe

Most recent fund backedClaris Biotech II

Mandate

Italian pension foundation for commercial agents and representatives. In December 2025 (resolution 278/2025) it subscribed three venture capital funds: Poli360 2 (EUR 6M), United Ventures III (EUR 6M) and Claris Biotech II (EUR 3M). Its own 2025 accounts say these were made to benefit from the tax relief on returns from investments in innovative Italian SMEs under Decree-Law 95 of 30 June 2025. Earlier in 2025 it also subscribed private equity funds Armonia Italy Fund II (EUR 10M) and Xenon FIDEC (EUR 5M). First call on the venture funds had not been made at 31 December 2025.