Generali France
French subsidiary of (Generali group) Assicurazioni Generali
Also known as Generali Vie
French subsidiary of the Generali group; its life company Generali Vie held €90.4bn of investments (end-2025). LP in private equity, mainly generalist and growth funds and funds of funds.
- HEADQUARTERS
- Paris, France
- FOUNDED
- —
- AUM
- —
- OUTSIDE CAPITAL
- No — own capital only
- TEAM LISTED
- 1 people
FOCUS
- STAGES
- Growth
- SECTORS
- —
- ASSET MIX
- Private equityFunds (as LP)Impact
- GEOGRAPHY
- Global
WHAT IT IS
Institutional LP. Pension funds, endowments, foundations and sovereign funds that commit capital to funds and, sometimes, directly.
ABOUT
Generali France is the French subsidiary of the Italian insurance group Assicurazioni Generali, headquartered at 89 rue Taitbout, Paris, since December 2025. Its main life company, Generali Vie, held €90.4bn of investments at the end of 2025, of which €13.5bn in investment-fund units and other unlisted assets. Its investment director said in July 2024 that it invests in unlisted assets as a limited partner, keeping about 5% of its allocation in private equity, mostly in generalist funds and funds of funds with a growth rather than venture bias, and about half in North America. It committed €495M to phase 1 and €200M to phase 2 of the Tibi initiative, and runs the Generali Investissement à Impact fund with INCO Ventures.
PORTFOLIO (4)
- LAC 1 (Bpifrance) — subscriber at first closing (Groupe Generali)since 2020
- Generali Investissement à Impact (with INCO Ventures) — €19M at end-2025since 2020
- Tibi phase 1 — €495M committed (of which €145M unlisted via one fund of funds and two thematic funds)
- Tibi phase 2 — €200M committed, partly via unit-linked products
TEAM
- Cédrik de TernayDirector of Investments and Treasury, Generali France and Europ Assistance (as of July 2024) · source
LINKS
FAQ
Generali France is a institutional investor based in Paris, France.
Generali France does not primarily invest directly in private companies. It also commits capital to third-party funds as an LP.
Generali France invests at Growth stage.
Key people at Generali France include Cédrik de Ternay (Director of Investments and Treasury, Generali France and Europ Assistance (as of July 2024)).
Generali France's investments include LAC 1 (Bpifrance) — subscriber at first closing (Groupe Generali), Generali Investissement à Impact (with INCO Ventures) — €19M at end-2025, Tibi phase 1 — €495M committed (of which €145M unlisted via one fund of funds and two thematic funds) and Tibi phase 2 — €200M committed, partly via unit-linked products.
No. Generali France invests its own capital and does not raise money from outside investors.