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.