Other

KPN

Dutch multinational telecom and IT provider.
Business and organisational models that are sustainable

Brick

Buy-and-build in the German technical-building-services sector focused on energy renovation.
Food & water that are healthy, sustainable and affordable

Healtion

Italy’s largest developer and distributor of high-quality, healthy, organic, and free-from food products.
Private Equities - Directs

SOS Relazioni

Italian digital provider of relational development and personal growth programs.
Private Equities - Funds

Capital Dynamics CEE

Value-Add renewable infrastructure strategy by Capital Dynamics.
Impact

Copenhagen Infrastructure Partners

Fifth fund of the flagship value-add renewable infrastructure strategy by Copenhagen Infrastructure Partners.
Consumption and Production that is circular

Norsk Gjenvinning

Norway’s largest provider of waste management and environmental services.
Historical Assets

Hugo Boss AG

Fashion apparel brand.
Historical Assets

Forint

Professional clothing manufactoring company.
Listed equities

Schneider Electric SA

Electrical power products and solutions.
Listed equities

Intuitive Surgical Inc

Surgical systems and tools.
Sustainable

Air Liquide SA

Global industrial and healthcare gas provider.
Bonds

Iberdrola International

Global energy company.
Bonds

Enel SpA

Multinational power company.
Traditional

STYLE CAPITAL

Italian-based fund focusing on global companies in the Fashion & Lifestyle industry.
Private Equities - Funds

Trill Impact I

Swedish Impact investment fund focusing on small-mid buyouts.
Energy that is responsible and clean

QUINBROOK NET ZERO POWER FUND

US-based Infrastructure Fund focused on solar power generation and distribution facilities.
Education that grows responsible humans

ACHIEVE EDUCATION TECHNOLOGY I

First fund by US-based fund Achieve Partners, specialised in education with a small/mid-buyout strategy.
Multi-Theme

APOLLO IMPACT MISSION I

First Impact fund by the leading US-based PE player Apollo.
Responsible

PRAESIDIUM US MID-MARKET I

First Vintage by Praesidium, Italy-based fund of funds focusing on US mid-market funds.
Food & water that are healthy, sustainable and affordable

HERITAGE GROCERS GROUP

US-based retailer of ethnic food.
Impact

A WILDERNESS WAY

UK-based provider of children's therapeutic and residential care.
Sustainable

WHITE LAB

Italy-based testing, inspection, and certification firm.
Business and organisational models that are sustainable

E80

European leader in automated logistics solutions.
Private Equities - Directs

HIPPOCRATES

Northern-Italy based pharmacy group.
Education that grows responsible humans

MASTERY PREP

US-based provider of education services.
Healthcare that is preventive and healing

OVER GROUP

An elderly care company.

Portfolio Overview

49%
Listed equities
Some examples
25%
Private Equities - Directs
Some examples
16%
Private Equities - Funds
Some examples
6%
Bonds
Some examples
3%
Real Estate
Some examples
22%
Impact
Some examples
53,7%
Sustainable
Some examples
23,2%
Responsible
Some examples
1,1%
Traditional
Some examples
8,6%
Business and organisational models that are sustainable
Some examples
3,6%
Consumption and Production that is circular
Some examples
5,2%
Education that grows responsible humans
Some examples
16,9%
Energy that is responsible and clean
Some examples
6,2%
Food & water that are healthy, sustainable and affordable
Some examples
18,1%
Healthcare that is preventive and healing
Some examples
0,8%
Land & Ocean Regeneration
Some examples
5,5%
Multi-Theme
Some examples
9,8%
Historical Assets
Some examples
25,4%
Other
Some examples

Investment Portfolio Overview

49%

Listed equities

We invest in large-cap companies committed to sustainability.
Some examples

25%

Private Equities - Directs

We co-invest in small to mid-sized private buyouts with clear impact or sustainability outcomes.
Some examples

16%

Private Equities - Funds

We invest in funds with clear sustainability or impact outcomes.
Some examples

6%

Bonds

We invest in green or transition bonds.
Some examples

3%

Real Estate

In the past, we invested in real estate to enhance environmental and energy efficiency.
Some examples

Hover over each section of the chart to see its name and percentage

Hover over each section of the chart to see its name and percentage

22%

Impact

Contributes to solutions, actively seeking measurable positive social or environmental outcomes alongside financial returns.
Some examples

53,7%

Sustainable

Benefit stakeholders, integrating environmental, social, and governance (ESG) factors to enhance long-term value.
Some examples

23,2%

Responsible

Avoids harm by screening out harmful practices or industries (e.g., tobacco, weapons).
Some examples

1,1%

Traditional

Focused solely on financial returns, with no consideration for social or environmental impact.
Residue of the previous investment strategy, before the shift towards Impact.
Some examples

Hover over each section of the chart to see its name and percentage

8,6%

Business and organisational models that are sustainable

Promote businesses with organisational models that can create long-term environmental and social impacts. 
Some examples

3,6%

Consumption and Production that is circular

Promote consumption and production models that minimise waste and maximise resource reuse, recycling, and sustainability. 
Some examples

5,2%

Education that grows responsible humans

Ensure inclusive and equitable quality education to grow responsible humans. 
Some examples

16,9%

Energy that is responsible and clean

Promote production and access to affordable, sustainable and clean energy for all. 
Some examples

6,2%

Food & water that are healthy, sustainable and affordable

Ensure affordable access to clean drinking water, achieve food security, and guarantee sustainable and healthy nutrition. 
Some examples

18,1%

Healthcare that is preventive and healing

Ensure healthy lifestyles, preventive measures and modern, efficient healthcare for everyone.
Some examples

0,8%

Land & Ocean Regeneration

Safeguard, restore, and enhance the biodiversity of terrestrial and aquatic ecosystems and their habitats. 
Some examples

5,5%

Multi-Theme

Assets that address multiple thematic outcomes. 
Some examples

9,8%

Historical Assets

Assets which entered PFC portfolio before our shift towards Impact in 2019.
Some examples

25,4%

Other

Other thematic outcomes beyond our main impact strategy. 
Some examples

And what about Philanthropy?

At PFC, we see philanthropy and investments as complementary approaches to creating powerful, lasting impact.
Discover our Philanthropy

Legend

All the exits realized in the past years.

Investments made before 2019, when PFC shifted its investment strategy towards impact.

Grants in line with our main impact strategy, making up to 90% of our annual philanthropy budget.

Grants for topics beyond our main impact strategy, making up to 10% of our annual philanthropy budget.

Asset Classes
Thematic Outcomes
Spectrum of Capital
Exits
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Luxury fashion brand.

The investment resulted from the family's spinoff operation from the textile Gruppo Marzotto in early 2000, guided by Permira. The position in Valentino was then sold in 2012 to Mayoola.

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Fashion apparel brand.

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Professional clothing manufactoring company.

Co-founded in the early 1970s by Count Paolo Marzotto, the company was transferred to the Family Office in 2015 as part of a general group reorganisation to consolidate all the family's holdings within a single perimeter.

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First fund by US-based fund Achieve Partners, specialised in education with a small/mid-buyout strategy.

Purpose: Achieve Partners selects companies with high-impact potential and monitors and discloses Impact KPIs of its portfolio assets. Vintage: 2022.

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Non-profit organisation tackling poverty through investment in early-stage social enterprises.

Purpose: to tackle the issue of poverty worldwide by merging the efficiency of market-based investment approach with the social impact of pure philanthropy.

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Global industrial and healthcare gas provider.

Purpose: use renewable electricity to produce low-carbon industrial and medical gases, and shift the business focus towards hydrogen production.

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First Impact Fund from an investment firm known for its history of promoting sustainability in the Nordic region.

Purpose: the fund invests in sustainable industry and technology companies, focusing on the following themes: natural resource management, building efficiency, intelligent infrastructure, and sustainable production and consumption. Vintage: 2023.

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World's largest river cruise company.

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Non-profit organisation protecting the Amazon rainforest by tackling illegal gold mining.

Purpose: to cultivate a cleaner gold supply chain, preserve and protect the ecosystem and biodiversity, and strengthen human rights in the Amazon.

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Non-profit organisation working with Indigenous communities to protect the Amazon rainforest.

Amazon Frontlines works alongside Indigenous communities in the Upper Amazon to protect rainforest ecosystems and strengthen their rights to land and self-determination. Through legal action, advocacy and community-led monitoring, it helps Indigenous peoples secure their ancestral territories and defend them against oil extraction, mining and deforestation. The organisation also supports Indigenous-led education and local leadership, contributing to the long-term protection of the rainforest and the communities that depend on it.

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Italian provider of hearing care solutions.

Purpose: Develop, manufacture and market array of hearing care services and products, improving quality of life for seniors

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First Impact fund by the leading US-based PE player Apollo.

Purpose: Apollo Impact Mission Fund seeks investments in the mid-large buyout segment with high impact-at-scale potential, assessing and disclosing the evolution of its ESG and Impact performances over time.

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Leader in the precision agri sector.

Purpose: Provide the agro-market with spare parts that allow a quicker transition to the use of bio-fertilizers

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Global movement of changemakers.

Purpose: Ashoka identifies and supports the world's leading social entrepreneurs, learns from the patterns in their innovations, and mobilises a global community that embraces these new frameworks to build an "everyone a changemaker world."

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Sicilian biological wines producer.

The company was founded by Count Paolo Marzotto in the late 1990s to pursue his passion for wine.

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Bonomi's Family Endowment Fund, which invests in funds managed by Invest Industrial.

Purpose: Bi Invest implements ESG processes throughout all its portfolio companies and discloses sustainability performances.

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Philanthropic fund supporting independent investigative journalism in high-risk environments worldwide.

The Borderless Journalism Fund, hosted by Humanity United Charitable Fund, works to strengthen independent journalism in regions where press freedom and access to reliable information are under threat. Through flexible funding, it supports investigative newsrooms and media organisations, particularly in the Global South, helping them sustain their work and maintain editorial independence. The Fund also promotes journalist safety, collaboration between newsrooms and greater philanthropic investment in public-interest journalism, contributing to a more resilient information ecosystem.

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Buy-and-build in the German technical-building-services sector focused on energy renovation.

Purpose: Consolidating the German market to foster Real Estate energy renovation activities.

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Second vintage of the largest Infrastructure Fund fully focused on energy transition globally.

Purpose: Brookfield invests in transforming high-carbon businesses, clean energy, and decarbonisation solutions, concentrating on stable, long-term projects worldwide. Vintage: 2024

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Leading Italian manufacturer of equipment and solutions for waste collection, transportation and management.

Builder supports the transition to a circular economy by providing essential equipment for waste collection, handling and transportation. Its solutions enable more efficient waste management and recycling processes, with the potential to reduce resource consumption and associated emissions.

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Innovative medical solutions company.

Purpose: Provide high quality ICUs to public and private health services in Italy, with a strong focus on neo-natal ICUs, thus enabling reduction of natal mortality

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UK-based Venture Capital investment fund focused on the IT sector.

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Value-Add renewable infrastructure strategy by Capital Dynamics.

Purpose: Support the development of Solar Energy additional capacity across Europe. Vintage: 2023.

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Primary care medical centres for low-to-moderate income seniors.

Healthcare company specialised in value-based primary care for seniors, focusing on preventive and personalised medicine to improve long-term health outcomes. It operates clinics across the U.S., serving underserved communities with a patient-centred approach.