Fondazione Cariplo


Fondazione Cariplo is a charitable foundation in Milan, Italy. It was created in December 1991 when the Amato law, Law no. 218 of 30 July 1990, came into force. Under this law, saving banks were required to separate into a not-for-profit foundation and a commercial banking arm. The Cassa di Risparmio delle Provincie Lombarde, commonly known as Cariplo, was divided into the Fondazione Cariplo and Cariplo SpA, the bank, which merged with Ambroveneto in 1998.
As at 31 December 2014, the organisation had a shareholders equity of €6,889,487,562.

Bank ownership

At the end of year 2000, the foundation held 9.87% shares of Banca Intesa as well as 2.77% shares of Sanpaolo IMI. on 31 December 2006, the day before the merger of Intesa and Sanpaolo, the foundation was the second largest shareholder of Intesa after Crédit Agricole.
After the merger, the foundation fell to 5th largest shareholder for 4.68% of the shares of Intesa Sanpaolo. However increased to third largest shareholder on 31 December 2014, after and BlackRock The three other major shareholders with >2% were Ente Cassa di Risparmio di Firenze 3.248%, and Fondazione Cassa di Risparmio di Padova e Rovigo, as well as Norges Bank 2.032%.

Other investments

Fondazione Cariplo was the largest shareholder of Quaestio Holding, the parent company of Quaestio Capital Management SGR, which was an Italian private equity fund manager. In turn, Fondazione Cariplo was one of the client of the manager, as the owner of the units of QUAMVIS S.C.A., SICAV-FIS - FUND ONE