Funds Governance

Bodies of the Funds

The Second, the Third, the ANIA F2i Fund and the Fondo per le Infrastrutture sostenibili all have two bodies in which limited partners participate directly: the Advisory Committee and the Conflict Committee.

Advisory committee
Composed of influential members of the Italian and international industrial and financial world, appointed by the core investors. The advisory committee delivers its opinions in certain cases specified by the Fund’s rules, including in support of management policies. In some cases, its opinion is mandatory and binding, for instance concerning the replacement of a key manager or exceptions to constraints on the Fund’s investment policy.

Conflict Committee
Composed of three members of the advisory committee, this body issues binding opinions on conflict of interest transactions and related party transactions.