Expertise
Indirect Private Debt
Commitment
Professionals: 4
Offices: Milan
Our offering
The private debt fund of funds strategy we manage identifies leading global asset managers in the sector, offering three key investment options: Direct Lending, Asset-Based Lending, Special Situations.
Our approach
We prioritize senior secured floating rate loans, while selectively evaluating subordinated and junior debt in mutual or dedicated funds across Europe, the UK, the US, and Asia-Pacific. Our focus is on defensive sectors benefiting from strong structural trends.
Diversification through a single solution
Funds of funds provide investors with a streamlined way to access multiple private debt strategies within a single product, enabling significant portfolio diversification.
Experienced management & institutional backing
With extensive experience in selecting and managing private debt asset managers for Generali Group, our senior team brings deep expertise and a disciplined approach to asset manager selection. We now offer clients the opportunity to invest in our private debt fund-of-funds strategy alongside Generali Group, the cornerstone investor and one of the world’s largest institutional investors.

Marco Busca
Head of Indirect Private Debt
Industry experience: 16 years
The Strategies
Special situations
Asset-based lending
Direct lending
Source: Generali Asset Management S.p.A. Società di gestione del risparmio (“Generali AM”) as of end Q2 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.