Headquarters: Rome, Italy
AUM: €11.54 billion
Allocation to alternatives: 13.37%
COIMA ESG City Impact Fund is the first urban regeneration property fund to be launched in Italy. The vehicle is targeting investments across a range of sectors in the main Italian cities, with a particular focus on residential and hospitality property regeneration to aid economic development.
As illustrated below, this is Inarcassa’s first known commitment to a commingled private real estate fund. The pension previously committed to a diversified core separate account managed by LaSalle Investment Management.
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