HISTORY AND SHAREHOLDERS
Polis Fondi SGR specialises in structuring and managing real estate investment vehicles aimed at developing products whose target performance is consistent with the requirements of different types of investors, ranging from opportunistic to long-term income.
Polis Fondi SGR, incorporated in 1998 and enrolled with the Bank of Italy’s Register of Asset Management Companies in 1999, was an initiative of Unione Fiduciaria and of 14 industrial cooperative banks (Banche Popolari), as part of a renewed vitality in the real estate industry, and as a reaction to a growing demand to diversify and balance investors’ portfolios.
The current shareholders are: LBO France (www.lbofrance.com) with a 60% interest; Banca Popolare di Sondrio with a 19,6% interest; Intesa Sanpaolo and BPER Banca, each with an interest equal 6,13%; Sanfelice 1893 Banca Popolare e Banca Valsabbina each with an interest equal to 3,7%; Unione Fiduciaria with a 2% interest.
FROM MORE TRADITIONAL INDUSTRIES TO MORE INNOVATIVE ONES, OUR RANGE OF PRODUCTS BROADENS AND EVOLVES TO EXPLOIT THE INDUSTRY’S EVOLUTIONS.
CHAIRMAN OF THE BOARD OF DIRECTORS
CHIEF EXECUTIVE OFFICER
CHIEF FINANCIAL OFFICER
PORTFOLIO MANAGEMENT DIRECTOR
He graduated from “Luigi Bocconi” University in 1961, where he served as the rector from 1995 to 2000 and as Professor of Economics of Financial Intermediaries (Economia degli Intermediari Finanziari);
he is currently a Professor Emeritus. He has lectured at the Universities of Ancona, Siena, Parma, Paris (Sorbonne) and at the Polytechnic of Milan. He authored various publications on banking and finance topics. He has held important management positions within listed and non-listed Corporations. Inter alia, he is the Chairman of Palladio Holding SpA, Factorit SpA and Unione Fiduciaria SpA. He is a member of the Board of Directors of SNAI SpA, of Gewiss SpA and of Lanificio Fratelli Cerruti SpA. He is the Chairman of the Board of Statutory Auditors of Borsa Italiana SpA and of Monte Titoli SpA.
He graduated cum laude in History and Philosophy and began his professional career at IMI Group.
In 1996, he became the Manager of the Retirement Funds Operations Department at IMI. From 1996 to 1999, he was the Retirement Funds Director at IMI Fideuram Asset Management. Between 2000 and 2001, he served as Managing Director of Immobiliare Italia, a Beni Stabili Group company, and as the CEO of Servizi Previdenziali SpA at the same time. From the summer of 2001 to October 2005, he served as the CEO of Beni Stabili SpA SGR and was in charge of launching several real estate funds.
A Chartered Accountant and Registered Auditor, he started his career in 1995 at a merchant bank operating in bank holdings, where he served in the Finance and Treasury department and implemented an AL&M system to manage interest rate and foreign exchange risks. He worked as a self-employed chartered accountant and, in 2001, was selected for a position in the Finance department of Moby Invest SpA, the holding entity of the shipping company by the same name. In 2005, he joins the real estate sector as the Chief Financial Officer of LM Real Estate SpA. Since late 2007, he served as the Performance Auditing Manager at Polis Fondi SGR, until he became its Chief Financial Officer in November 2011.
After a degree in Architecture at the Polytechnic of Milan and a European Master’s of Land Use Planning and Real Estate Markets, he starts his career at the Bossi-Pasi professional firm. From 1998 to 1999 he serves as Client Liaison Officer at American Appraisal Italia and REAG, from 1999 to 2003 he works as a General Management staffer on Acquisition and Asset Allocation operations with the Real Estate Funds Division of Gesticredit SGR. He later serves as Real Estate Funds Manager at UniCredit Fondi SGR. From 2003 and 2006, he first works as Real Estate Portfolio Manager and then as Deputy-Head of the Real Estate Department of Pioneer Investment Management. He has been the Portfolio Management Director at Polis Fondi SGR since 2006.