Generali to acquire US investment firm Conning from Cathay Financial
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Generali to acquire US investment firm Conning from Cathay Financial

Jairo Ibarra
06 July 2023
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Generali’s asset management arm Generali Investment Holdings (GIH) has sealed a deal to acquire US investment firm Conning from Cathay Financial Holdings for an undisclosed amount.

As part of the deal with Generali, Cathay will take a 16.75% stake in GIH.

In addition, Cathay agreed to a minimum 10-year financial commitment in relation to specific insurance assets that will continue to be managed on its behalf...

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Jairo Ibarra
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