Expertise

Direct Private Debt

Our goal

We aim to help investors achieve their financial goals while supporting the real economy, leveraging decades of experience managing private asset portfolios for Generali Group,

A strong heritage

Generali Group has long invested in private assets to enhance diversification, generate attractive risk-adjusted returns, and drive sustainable economic growth. Today, our private asset strategies give external clients the opportunity to invest alongside Generali, a cornerstone investor for many of these strategies.

Direct & indirect private asset strategies

  • Direct investments – Our corporate lending strategy follows a buy-and-hold approach, financing European SMEs through senior, unitranche, and mezzanine debt.

  • Indirect investments – We provide access to top-tier global private debt managers, offering diversified exposure through a single, streamlined portfolio.

Sustainable multi-strategy solutions

We also offer multi-strategy private asset investments with two tailored return profiles:

  • Growth-focused strategies targeting SMEs, healthcare, digital innovation, and the green energy transition.

  • Income-focused strategies designed to deliver stable returns while supporting sustainable economic initiatives.

Professionals: 9

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Offices: Milan, Paris, Frankfurt

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Sandrine Richard

Head of Direct Private Debt

Industry experience: 26 years

Strategy in focus

Diversified exposure to sustainable SMEs across continental Europe

A long-term investment strategy with stable income and capital preservation at its core

Diversified exposure to senior secured floating private debt supporting sustainable SMEs with an ESG focus across continental Europe

Secular market opportunity

Stable income with impact on the real economy

Backed by robust & extended inhouse infrastructure

Proven team and track record

Insights and news

Source: Generali Asset Management S.p.A. Società di gestione del risparmio (“Generali AM”) as of end Q4 2024. Kindly note that on 1 January 2024, Generali Investments Partners S.p.A. Società di gestione del risparmio has been merged by incorporation into Generali Insurance Asset Management S.p.A. Società di gestione del risparmio, changing its name to Generali AM. The figures thus refer to the sum of the AuM of the two entities at the reference date.

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© Generali Investments, all rights reserved. This website is provided by Generali Investments Holding S.p.A. as the holding company of the main asset management companies of the Generali Group having, directly or indirectly, the majority shareholding in the companies listed below (hereinafter jointly, “Generali Investments”). This website may contain information related to the activity of the following companies: Generali Asset Management S.p.A. Società di gestione del risparmio, Infranity, Sycomore Asset Management, Aperture Investors LLC (including Aperture Investors UK Ltd), Plenisfer Investments S.p.A. Società di gestione del risparmio, Lumyna Investments Limited, Sosteneo S.p.A. Società di gestione del risparmio, Generali Real Estate S.p.A. Società di gestione del risparmio, Conning* and among its subsidiaries Global Evolution Asset Management A/S - including Global Evolution USA, LLC and Global Evolution Fund Management Singapore Pte. Ltd - Octagon Credit Investors, LLC, Pearlmark Real Estate, LLC as well as Generali Investments CEE. *Includes Conning, Inc., Conning Asset Management Limited, Conning Asia Pacific Limited, Conning Investment Products, Inc., Goodwin Capital Advisers, Inc. (collectively, “Conning”).