Serenissima SGR

"A motivated team for the professional management of real estate funds."

• Massimo Tivegna
  CEO/General Manager Massimo Tivegna obtained a degree in Economics and Business at the University of Pisa and a Master's degree in Corporate & Investment Banking at SDA Bocconi. He has worked for over 25 years in the corporate finance division of several major Italian banks, including Banca Commerciale Italiana, Credito Emiliano, Banco di Napoli, Rolo Banca, and, since 2004, for Unicredit, in roles of ever-greater responsibility ranging from regional manager of Lombardy to Head of structured finance, then becoming Head of the real estate finance division. At Unicredit, he became SVP Head of Central Credit Underwriting in 2010 and in 2012 he took over the position of Head of Network Real Estate Management. He has been the managing director of Serenissima SGR since July 2017.
• Tomaso Bersani
  Chief Financial Officer Tomaso Bersani is Chief Financial Officer of Serenissima SGR since November 2018 and he serves also as a Board Member of the company. He joined La Centrale Finanziaria Generale Group in 2016 as the CFO of the holding company and as an Executive Board Member of the subsidiary LC Capital Solutions. He gained over 20 years of professional experience focused on Finance, M&A, Asset Management, Strategic Planning, Organizational Design and Implementation, Business Process Reengineering, across different industries and organizations (business consulting, private equity, corporate). Expert in start-up and turn-around, before joining LCFG Group he worked for Enron Corp, PWC, Accenture, Booz Allen Hamilton, Nuovo Trasporto Viaggiatori and 2 PE firms. Mr. Bersani got a Master Degree in Electrical Engineering from La Sapienza University in Rome and an MBA from SDA Bocconi School of Management
• Attilio Degni
  Head of Fund Management He has worked as a consultant in the Banking Industry since 1988 – since 2000 as top-level manager and then as a managing director – for Banca di Roma, Capitalia and UniCredit. He has been responsible for different areas including Credit Recovery, Monitoring of Performing Loans and Risk Management, both at the Group level and with reference to Italian institutions. In 2012, he began working for UniCredit as Head of Business Management of the Real Estate Network Department, and more recently, as Real Estate Market Coordinator. A part of Serenissima SGR since October 2017, he has held the position of Chief Operating Officer, with responsibility for Asset Management Areas and Legal and Corporate Affairs. Since November 2018 he has held the position of Head of Fund Management, with responsibility for the management and development of the Serenissima SGR Funds.
• Federico Roggerini
  Chief Restructuring Officer
• Andrea Albertini
  Administration department He holds a degree in Business and earned at E-Finance Master from the Cattolica del Sacro Cuore University in Milan. He later worked for IT development companies first as an functional analyst and then at client companies, leading fund management companies in Milan. Starting in 2014 he began work in the Finance Area at a real estate fund management company. This is the same position he currently holds at Serenissima SGR.
• Eleonora Bambini
  Planninig & Control department She graduated from the scientific-linguistic high school Galileo Galilei of Verona and subsequently obtained a Bachelor's Degree in Business Administration and a Master's Degree in Banking and Finance - Management of Financial Intermediaries, both from the University of Verona. In May 2018 she joined Serenissima SGR and currently works in the Planning and Control area.
• Sabina Baruffaldi
  Compliance & AML Responsible She obtained her degree in Economics and Commerce at the University of Venice Cà Foscari, and had previously gained experience as an internal auditor in a bank in Milan, then consolidating her experience in a brokerage company belonging to the primary insurance group in Verona, where she worked for five years. She has worked for Serenissima SGR since 2005. She has served as head of the Development and Organization department. She is currently head of the Compliance and Anti-Money Laundering department.
• Andrea Bassan
  Fund manager department He began at Serenissima SGR in the Technical Area and is now coordinator of the Technical Office. He previously worked for RES Sviluppo Immobiliare, a Project Management company active in the field of property development that managed the development of a number of properties in portfolios belonging to Funds managed by Serenissima SGR.
• Alice Candido
  Head of Risk Management & Valuation She earned a degree in Environmental Engineering from the University of Padua and later earned a PhD from the same university in Estimates and Territorial Economics. From 2005 to 2007 she acted as a professional consultant for public entities and private professional offices for environmental and territorial framework studies, environmental impact assessment, financial economic analysis of investments and validation of public works, as well as teaching at the Universities of Padua, Venice and Ferrara and collaborating in the preparation of scientific publications. She held the position of Asset Manager from 2008 to 2015 at two asset management companies in the Veneto region, mainly dealing with urban planning-administrative enhancement of property, implementation of economic-financial analyses of interventions, market analyses, cost estimates and analyses of development scenarios. In February 2016 she joined Serenissima SGR and has focussed on making assessments of the properties of the Funds under management, becoming Head of the Evaluation Function in September 2016, and in June 2018, Head of Risk Management & Valuation.
• Nicola Casagrande
  Head of Value Added & Turnover Funds He obtained his degree in Banking and Financial Markets from the University of Padua and gained work experience in three Italian real estate SGRs, specializing in the management of real estate investment funds, taking on the role of Fund Manager and acquiring significant expertise in acquisition/contributions, development and enhancement of real estate assets. In recent years he has specialised in the management of development Funds with fractional sales and Funds with an income portfolio. He has worked at Serenissima SGR since 2016 as Fund Manager of three Real Estate Funds.
• Monica Castelli
  Administration department With an high-school diploma in accounting and book-keeping, she is working in the Finance Department. She has worked as freelance in the banking sector gathering mortgage survey information before the loans approval by credit institutions. Then she acquired two decades of experience in the administrative/accounting sector within several regional food companies.
• Duilio Cerase
  Head of Planning & Control A graduate in Business and Economics, he has a Master’s Degree in Banking and Finance. His professional experience began at Municipality of Venice in the administration and finance department and at Agenzia delle Entrate (Italian Revenues Agency) in the tax assessments and auditing. He consolidated this experience at Banca Popolare di Garanzia where, starting in financial consultancy, he ended up as Head of Corporate Clients. Before joining Serenissima SGR he worked in the area of financial consultancy and the planning of subsidiaries at Merchant Bank Inter Media Holding Spa.
• Michele Cestari
  Fund manager department He has a land surveyor secondary school diploma and is currently employed at the Technical Department which assists the Asset Managers of Serenissima SGR. He obtained his license to work freelance in 2002 and immediately began to work at some important technical firms in the Verona area dealing with architectural designing, town planning, supervision of works, management or orders and relations with private/public entities.
• Mirko Colombi
  Finance & Administration Responsible Mirko Colombi is Head of the Finance and Administration area. He entered the field of asset management in 2008 after working for a few years as a consultant. Over time he has consolidated his expertise in the role by dealing with a large variety of situations and challenges. From May 2015 to February 2018 he was the administrative director of an asset management company in Milan. In February 2018 he returned to the Real Estate sector when he joined Serenissima SGR.
• Debora Cremonesi
  Valuation Department
• Andrea Dalla Val
  Planning & Control department Andrea Dalla Val obtained a degree in Banking and Finance at the University of Verona, and gained his first experience in the banking field as an Analyst, dealing with financial restructuring and NPL valuations, then specializing in the Real Estate sector, working in two real estate asset management companies with the role of Asset/Fund Manager. He joined Serenissima in December 2017 as Fund Manager of Core and Distressed Funds, and has been part of the Planning and Control team since February 2019.
• Adriano Di Vico
  Compliance department He obtained his degree in Law at the Second University of Naples. He subsequently received a second-level Master's degree in “Evaluation, Training and Development of Human Resources. Organizational Analysis and Interventions, Risk Prevention” at the University of Padua. He has worked in the Corporate Affairs Department of Serenissima SGR since November 2016, dealing with the Governance of Funds and the management of fund investors; currently he is in the Compliance & AML department.
• Fabiano Ferranti
  Legal Responsible A solicitor, he works in Serenissima SGR’s Legal Department. His professional and training experience includes a Master’s in European Transport Law held by the University of Udine with the E.T.L. Consortium. He previously worked in the Legal Office of Friulia Spa, the Friuli Venezia Giulia regional finance company.
• Alessio Francese
  Energy Funds / Transaction Management Alessio Francese, with a scientific secondary school background and a degree in Financial Intermediary Economics from Bocconi University in Milan, has significant experience in managing investments, especially in the electricity and real estate sectors. Until 2015, he was a fund manager in Est Capital SGR, Padua, where he also collaborated with the development and start-up of the first energy real estate funds. He was also in charge of organising the project financing and M&A for photovoltaic projects developed in Italy by the multinational group Conergy AG, Hamburg (until 2011). From 2001 to 2008, as an advisor for M&A transactions at the boutique firm of Benedetti Rossi & Partners, Milan, he assisted various Italian and foreign groups by performing sell/buy side mandates in various sectors such as renewable and conventional electricity generation, public transport and major retail chains. He speaks English and French fluently. He has been a fund manager of energy real estate funds at Serenissima SGR since 2016.
• Angela Frulli Antioccheno
  Corporate Affairs Responsible She has worked in corporate governance, initially in commercial companies, holding companies and related subsidiaries, and then for more than 10 years in supervised companies, dealing with all aspects of the various corporate functions, the related ordinary and extraordinary transactions and the consequent obligations, including those arising in phases of company liquidation and winding up. She has overseen the regulatory aspects of over 20 AIFs managed by SGRs, coordinating the fulfilment of their obligations, updating the consequent documentation and making the necessary reports, and has maintained relations with the supervisory authorities and managed communications with investors, participating in related meetings and responding to any requests. She has extensive knowledge of and experience with MIFID, AIFMD and AML regulations. She has collaborated in the drafting and updating of internal procedures and cooperates with the internal control functions, the Boards of Statutory Auditors, the auditors and the Supervisory Board. She interacts with external professionals (lawyers, notaries and consultants) in handling disputes of various kinds and prepares and/or controls company contracts. After graduating with honours, obtaining a degree in Political Science at the University of Padua with a thesis in administrative law on controls in the banking sector, she received a scholarship to and attended the Master's Programme in Economic Development of the Advanced Tertiary Sector in Rome and subsequently obtained a second degree, again with the highest marks, in Padua as an expert in training processes. She joined Serenissima in October 2018.
• Camilla Furlan
  Valuation Department After obtaining a Master's Degree in Architecture at the Polytechnic University of Milan with a major in "Design and Protection for existing constructions" in 2016, she immediately began to collaborate on several projects, first in the Milanese context where she followed construction activities together with architect Luca Astori, then in real estate for the Euroconsultancy-RE company. After moving to Verona she worked for Barbi Arca Studio Progetti and dealt with several architectural/engineering projects. In June 2018 she obtained her professional licence and joined the Valuation team at Serenissima SGR.
• Margita Hoxha
  Corporate Affairs department She obtained her degree in law from the University of Verona and is a native speaker of Albanian. She completed the Erasmus student mobility program in Malta and gained significant professional experience in Belgium, acquiring a firm command of English and the skills needed to perform successfully in a competitive working environment. Following a brief job rotation at a bank, in October 2016 she began her internship in the Corporate Affairs Department of Serenissima SGR S.p.A. She currently works in the Corporate Affairs Department.
• Lorenzo Macii
  Fund manager department He obtained a degree in International Economics with a Major in Business Management from Regent's University (EBS) in London. After gaining work experience in both the real estate and infrastructure sectors, in May 2018 he joined the Serenissima SGR Fund Management area, where he deals with managing Institutional Funds with an income portfolio.
• Simone Mamone
  Compliance & AML department After devoting years to the distribution of financial products, working in Italy and abroad, in 2007 he began working in the world of credit guarantee consortia. After a significant experience with one of the most important national institutions, he accepted the offer of the ICCREA Group companies to contribute to the development of a project to implement software originally designed for banks and adapt it for the Consortia. As a site manager, he is responsible for the migration of eighteen institutions, deepening her knowledge of the different structures and beginning to deal with money laundering, compliance and vigilance requirements, from supervision to risk control, including institutional relations. Since June 2016 he has worked for Serenissima SGR in the Compliance and Anti-Money Laundering department.
• Simona Marchetto
  Administration department She works in the Finance Department where she focuses on activities relating to the management of Fund quotas and administrative and accounting issues. A graduate in Economics from the University of Ferrara, she has carried out research at the same university and also has a Master’s in Finance and Management Control from the University of Pisa. She has participated in the spin-off of numerous companies of the motorway sector.
• Alessandro Mazzucco
  Fund manager Alessandro Mazzucco became a Fund Manager at Serenissima SGR in January 2019; previously he held the same position in Namira S.G.R.p.A, a real estate savings management company based in Milan. Over the years he has had the opportunity to gain valuable experience in real estate, in advanced organizational contexts and in different areas of application, having worked for over fifteen years for an important industrial group in northern Italy. He has held positions of responsibility in the field, such as technical manager and board member of the Milan Logistic Center, a logistics centre located in the nearby Milan hinterland, to the south, less than 20 km from the centre of Milan. Alessandro Mazzucco has a secondary school diploma as Surveyor and has obtained post-diploma certificates in planning and urban planning techniques.
• Stella Moretti
  Corporate Affairs department She obtained a degree in Philosophy at the University of Ferrara and has worked in corporate communications and the press and marketing offices for several international brands, working in Milan and Verona both as a company employee and as a freelancer with her own studio. She joined Serenissima SGR in 2013 and in addition to the company website, she also deals with the General Secretariat.
• Emanuele Pepoli
  Organization / IT & HR Assistant Manager, he is a professional educator in training programmes and a facilitator of Law 22 operating authorization and institutional accreditation, a role he occupied prior to being hired by Serenissima SGR at Azienda Socio Sanitaria (Veneto Region). Emanuele is also the workers' health and safety representative.
• Minerva Pillinini
  Legal department After obtaining a degree in law from the University of Trieste, graduating with honours in November 2011, she began an internship in the Legal Department of Serenissima SGR. She attended the School of Specialization for the Legal Professions of Verona-Trento, earning her diploma there at the end of the two-year period. She passed her qualifying exam and began practising law in September 2015. She has worked in the Legal Department of Serenissima SGR since November 2017.
• Alessandro Sgaggio
  Fund manager A graduate in Architecture, he worked both freelance and as an employee acquiring significant experience in the technical-real estate sector. After an early experience at Public Administration he was made Property Manager for a leading public company (Italian Treasury Department). He later held various roles at Autostrada BS-PD (Motorway BS-PD), the last of which being Head of the Real Estate Department. He also acquired significant technical and business management experience working on project management activities for RES S.I. where he held the role of Director.
• Tiziano Simon
  Head of Core Funds He graduated from an accounting secondary school and obtained a degree in law from the University of Modena. After many years in the banking sector, he joined Serenissima Partecipazioni S.p.A. in 2005 as administrative manager and secretary of the Board of Directors. Subsequently he worked as administrator in several real estate companies of the A4 Holding group before joining Serenissima SGR in 2013. He is currently responsible for the management of the Core Funds and is sole director of the vehicle companies within the Investment Funds he manages.
• Alina Sipcean
  Administration department She graduated secondary school with top marks and a Diploma in Corporate Cash Management and as Technical Business Foreign Correspondent from the Institute Carlo Anti of Villafranca di Verona. After a significant long-term experience in the administrative division of a leading Industrial Group of Verona, a leader in the civil works sector, since May 2016 she has worked in the Finance Area of Serenissima SGR and deals mainly with the administrative and accounting demands of managed funds.  
• Franco Torra
  Institutional Funds Franco Torra obtained a degree in Economics and Commerce at the Catholic University of the Sacred Heart in Milan. He was Director of Real Estate Investments and Distressed Assets and Director of Fondamenta SGR from 2007 to 2012, for which he managed the implementation of Distressed products and actively participated in the repositioning and a new organizational definition of the Real Estate division, facilitating the development of masses and products. From 1987 to 2000 he worked alongside a leader in the industry specialized in the management of companies in a state of crisis. Since 2001 he has provided support to various companies in the study, design and implementation of entrepreneurial initiatives involving start-ups and restructuring. He joined Serenissima SGR in 2013 after having held the position of Head of Property Management and the Business Development and Evaluation Department. In 2018 he became Deputy for the Asset Management Area and manager of Institutional Funds.
• Stefano Tebaldi
  Legal department Graduated in Law at the University of Parma, after an experience in a Verona Law Firm and a position as a salesperson, from January 2015 works in the Legal department of Serenissima SGR.
• Rosa Zola
  Fund manager A graduate in Architecture, her experience in the real estate sector covered various stages of the development process, beginning with architectural designs, she both operated as freelance and collaborated with prime architects. Then she switched to the construction sector, working for construction company Costruzioni Maltauro SpA of Vicenza, and then focused on Project Management at Edizione Property S.p.A. (Benetton Group), with whom she participated in the development of important real estate projects in the commercial, residential and tourism sector.