Assicurazioni Generali
Also known as Generali, Generali Group, Assicurazioni Generali S.p.A.
Trieste-based insurance group; €514.3bn consolidated investments (end-2025); €300M European Sovereignty Program fund of funds (private/infrastructure equity, direct lending) launched July 2026.
- HEADQUARTERS
- Trieste, Italy
- FOUNDED
- 1831
- OUTSIDE CAPITAL
- No — own capital only
- TEAM LISTED
- 2 people
Focus
- STAGES
- —
- SECTORS
- —
- ASSET MIX
- Private equityFunds (as LP)Private creditReal estatePublic equities
- GEOGRAPHY
- EuropeItalyFranceGermany
Investment arms & vehicles
- German insurance group of Generali (separate institutional-lp profile)
- French insurance company of the Generali group (separate institutional-lp profile)
- Group asset-management holding; Generali AM runs the private and infrastructure equity part of the European Sovereignty Program
- Clean-energy infrastructure SGR listed among Generali Investments Holding’s specialist affiliates
Overview
Assicurazioni Generali is the Trieste-based parent of the Generali insurance and asset-management group, founded in 1831. Its consolidated balance sheet showed €514.3bn of investments at the end of 2025, and the group reported €900bn of total assets under management including third-party money. In 2021 it launched Fenice 190, a €3.5bn five-year plan investing through international funds in infrastructure, SMEs, innovation, green housing, healthcare and education. In July 2026 it launched the €300M European Sovereignty Program, a fund of funds investing in private and infrastructure equity, direct lending and listed SME equity, mainly in Italy, France and Germany.
People
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Frequently asked questions
Assicurazioni Generali is a institutional investor based in Trieste, Italy, founded in 1831.
Assicurazioni Generali does not primarily put its own money into private companies. It also commits capital to third-party funds as an LP.
Key people at Assicurazioni Generali include Philippe Donnet (Group CEO) and Luca Cetrano (Group Chief Investment Officer).
No. Assicurazioni Generali invests its own capital and does not raise money from outside investors.