Valter Mainetti (Rome, 28 October 1947) is an Italian entrepreneur, major shareholder of

Sorgente Group Sorgente Group Italy and Sorgente Group of America (US) are part of Sorgente Group Alternative Investment (US) in which the major shareholder is Valter Mainetti. The operative real estate companies, financial and real estate services companies ar ...

Biography

He graduated in 1973 in

Political Science Political science is the scientific study of politics. It is a social science dealing with systems of governance and power, and the analysis of political activities, political thought, political behavior, and associated constitutions and la ...

at the

Sapienza University The Sapienza University of Rome ( it, Sapienza – Università di Roma), also called simply Sapienza or the University of Rome, and formally the Università degli Studi di Roma "La Sapienza", is a public research university located in Rome, Ita ...

Rome , established_title = Founded , established_date = 753 BC , founder = King Romulus (legendary) , image_map = Map of comune of Rome (metropolitan city of Capital Rome, region Lazio, Italy).svg , map_caption ...

, with

Aldo Moro Aldo Romeo Luigi Moro (; 23 September 1916 – 9 May 1978) was an Italian statesman and a prominent member of the Christian Democracy (DC). He served as prime minister of Italy from December 1963 to June 1968 and then from November 1974 to July ...

as his thesis supervisor. In the mid-seventies he began working in the family businesses, in activity since the beginning of the 1900s in Italy and the United States, operating within the industry of iron construction and

real estate Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more general ...

. His maternal grandfather, Luigi Binda, had founded a company in

New York City New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the L ...

in 1919 specialized in the assembly of iron structures (amongst the works carried out there are also the

Chrysler Building The Chrysler Building is an Art Deco skyscraper on the East Side of Manhattan in New York City, at the intersection of 42nd Street and Lexington Avenue in Midtown Manhattan. At , it is the tallest brick building in the world with a steel fra ...

and the expansion of the

New York Stock Exchange The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is by far the world's largest stock exchange by market capitalization of its listed c ...

). Even his paternal family's company had been involved, since 1910, in the realization of works in iron, and then following

World War II World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the vast majority of the world's countries—including all of the great powers—forming two opposin ...

began building mechanical and industrial plants, such as the Sincrotrone in Frascati, the

Alfa Romeo Alfa Romeo Automobiles S.p.A. () is an Italian luxury car manufacturer and a subsidiary of Stellantis. The company was founded on 24 June 1910, in Milan, Italy. "Alfa" is an acronym of its founding name, "Anonima Lombarda Fabbrica Automobili." ...

in Arese, the Steelworks in Terni and Taranto. In 1987 he assumed the leadership of SAGEFIM Partecipazioni Spa, the parent company of the real estate business. The company's activities had gradually been oriented towards social housing. In 1999, with the introduction in Italy of the law on real estate funds, he completely restructured the businesses both in Italy and in the US under the brand

, which he conceived, directing the activities towards real estate finance and the acquisition of iconic buildings. As CEO of Sorgente Sgr, in 2001 he launched the first real estate fund, "Michelangelo", intended for institutional investors, with portfolio investments in prestigious buildings such as the

and

Flatiron Building The Flatiron Building, originally the Fuller Building, is a triangular 22-story, steel-framed landmarked building at 175 Fifth Avenue in the eponymous Flatiron District neighborhood of the Boroughs of New York City, borough of Manhattan in New ...

;. Through the funds managed by Sorgente Group, in 2004 Palazzo del Tritone in Rome was acquired. It is now the headquarters of Sorgente Group, hosting on the ground floor the Tritone Exhibition Space. In 2006 the Palazzo la Rinascente in Piazza Fiume (Rome) was also acquired. This is the only building designed in Rome by

Franco Albini Franco Albini (17 October 1905 – 1 November 1977) was an Italian Neo-Rationalist architect, designer and university instructor in design. A native of Robbiate, near Milan, Albini obtained his degree in architecture at Politecnico di Milano U ...

, a modern-style work in the historical style of the Capital. The purchase of the Fine Arts Building in Los Angeles dates back to 2012, while the Clock Tower of Santa Monica to 2013. In 2014 a building was acquired in Lungotevere Aventino 4, 5, 6 in Rome, where now locates the headquarters of the Fondazione Sorgente Group. The Group operates in the finance, building constructions, infrastructures and restoration. By means of a subsidiary 'Musa Comunicazione', the Group also holds 100% shares of the newspaper ‘Il Foglio Quotidiano’. In 2018 the Group companies were 94, including two SGR: Quorum and SORGENTE. The latter the 8th of January 2019 was placed in Extraordinary Amministration by Banca d’Italia, following a dispute with Fondazione ENASARCO, which began in 2015, regarding the management of two funds subscribed by the Fondazione. The Extraordinary Administration finished the 8th of January 2022, without any sanctions.

Other activities

Mainetti is a collector of ancient artworks. Together with the Fondazione Sorgente Group, of which he is president, he collects classical sculptures and antique paintings

Honors and awards

* : Cavaliere del Lavoro May 31, 2013 * : Honorary Professor from the University of Parma - December 16, 2016L'Università di Parma nomina Professore ad Honoremil patron di Sorgente Group Valter Mainetti
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References

Further projects

Wikiquote contains citations about or regarding Valter Mainetti

External links