Conning is a leading global investment management firm with a long history of serving the insurance industry

We create tailored investment strategies to meet our clients' specific goalsneedsand risk tolerance. Our approach combines Conning's risk management tools with a disciplined investment process grounded in fundamental analysis.

Contact us to learn more.

Conning by the Numbers1

 

Conning is a leading investment management firm with a long history of serving insurance companies and other institutional investors. Conning supports clients with investment solutionsrisk modeling softwareand industry research. Founded in 1912Conning has investment centers in AsiaEurope and North America. Conning is part of Generali Investments.

 

 
Conning by the Numbers<sup>1</sup>

The Conning Advantage

Head of Conning North AmericaMatt Dalydiscusses the Conning Advantage and how our team leverages insurance industry expertise to deliver tailored investment solutions.
 

Regional Operations

We have investment centers in AsiaEurope and North America. Learn more about our operations in these regions:
Asia
Europe
North America
 

Our Legacy of Innovation and Excellence

Trusted by institutional investorsincluding insurers and pension planswe manage over $170 billion in assets across AsiaEuropeand North America. View Conning Key Facts to learn more about us.

1912-2012


  • Founded by William S. Conningproviding investment advice to high-net-worth individuals
  • Began managing investments for insurance companies in 1983
  • Established European and Hong Kong investment centers in 2012

2016


  • Acquired majority share in Octagon Credit InvestorsLLC)a U.S.-based investment manager with expertise in collateralized loan obligations (CLOs)bank loans and high yield bonds

2018


  • Made strategic Investment in Global Evolutionan emerging markets debt manager (became majority owner in 2020)

2023


  • Acquired majority share in Pearlmark Real EstateL.L.C.a specialist manager of commercial real estate debt and equity strategies

20252


  • Acquired majority share in MGG Investment Groupa U.S. private direct lending investment firm

Conning Affiliates

Our affiliates expand our reach and capabilitiesallowing us to deliver a broader range of specialized expertise and solutions to our clients. Togetherwe leverage shared insightsresourcesand innovation to enhance value across all areas of our business.

We're Part of Generali Investments' Global Platform3

We're Part of Generali Investments' Global Platform<sup>3</sup>
Conning is an integral part of the Generali Investments platformwhich comprises a network of asset management firms spanning over 20 countries. This platform offers unique strategies and expert insights to help investors achieve long-term performance. Generali Investmentswith more than USD 670 billion in assets under management and over 2,200 investment professionalsserves as the asset management arm of the Generali Groupone of the world's largest insurance and asset management groups.
 

Latest News and Updates

More News
 

Footnotes

 
1As of September 302025represents the combined assets under management for: ConningInc.Conning Asset Management LimitedConning Asia Pacific LimitedConning Investment ProductsInc.Goodwin Capital AdvisersInc. and assets sub-advised by Conning affiliatesGlobal EvolutionOctagon Credit InvestorsLLCPearlmark Real Estate L.L.C. (collectively“Conning”). Global Evolution AUM data was $17.9B at end of Q3 2025. Global Evolution AUM represents the combined global assets under management of Global Evolution Asset Management A/S and its affiliates. Global Evolution is an indirect subsidiary of Conning Holdings Limited (CHL) whose controlling shareholder is Generali Investments Holding S.p.A. Octagon Credit InvestorsLLC AUM data was $31.3B at end of Q3 2025. Octagon is an indirect subsidiary of Conning Holdings Limited (CHL) whose controlling shareholder is Generali Investments Holding S.p.A. Conning’s affiliates are indirect subsidiaries of Conning Holdings Limited (CHL) whose controlling shareholder is Generali Investments Holding S.p.A. Pearlmark Real Estate L.L.C.’s AUM data was $2.1B at end of Q3 2025 includes PREP Investment AdvisersL.L.C. and Pearlmark Real Estate L.L.C.’s gross investment value for equity investmentsoutstanding loan receivables for debt investmentsand unfunded commitments. Pearlmark is an indirect subsidiary of Conning Holdings Limited (CHL) whose controlling shareholder is Generali Investments Holding S.p.A. Conning’s affiliates are indirect subsidiaries of Conning Holdings Limited (CHL) whose controlling shareholder is Generali Investments Holding S.p.A.
 
2Conning completed the acquisition of majority stake in MGG Investment Group and its affiliates on October 12025. For more information on this transactionplease see the press release here.
 
3Generali Investments Holding S.p.A.data as at end of Q4 2024 net of double counting. Generali Investments is part of the Generali Groupwhich was established in 1831 in Trieste as Assicurazioni Austro-Italiche. Generali Asset Management S.p.A. Società di gestione del risparmioGenerali Real Estate S.p.A. Società di gestione del risparmioInfranity SASSosteneo S.p.A. Società di gestione del risparmioSycomore Asset ManagementAperture Investors LLC (including Aperture Investors UK Ltd)Lumyna Investments LimitedPlenisfer Investments S.p.A. Società di gestione del risparmioConningInc.Conning Asset Management LimitedConning Asia Pacific LimitedConning Investment ProductsInc.Goodwin Capital AdvisersInc. (collectively“Conning”) and its subsidiaries (Global Evolution Asset Management A/S - including Global Evolution USALLC and Global Evolution Fund Management Singapore Pte. Ltd- Octagon Credit InvestorsLLCPearlmark Real EstateLLC and PREP Investment Advisers LLC) are part of Generali Investmentsas well as Generali Investments CEE. Please note that the countries refers to the countries where the different funds of the asset management companies that are part of Generali Investments are registered for distribution. Please note that not all funds are registered in all the countries and not all the asset management companies are licensed to operate in such countries. Generali Investments Holding S.p.A. is the holding company holdingdirectly or indirectlya majority of the shares in the asset management companies listed above.

Disclosures

 
ConningInc.Goodwin Capital AdvisersInc.Conning Investment ProductsInc.a FINRA-registered broker-dealerConning Asset Management Limitedand Conning Asia Pacific Limited (collectively “Conning”) and Octagon Credit InvestorsLLCGlobal Evolution Holding ApS and its subsidiariesand Pearlmark Real EstateL.L.C. and its subsidiaries (collectively “Affiliates” and together with Conning“Conning & Affiliates”) are all direct or indirect subsidiaries of Conning Holdings Limited which is one of the family of companies whose controlling shareholder is Generali Investments Holding S.p.A. (“GIH”) a company headquartered in Italy. Assicurazioni Generali S.p.A. is the ultimate controlling parent of all GIH subsidiaries. Conning & Affiliates have investment centers in AsiaEurope and North America.
 
ConningInc.Conning Investment ProductsInc.Goodwin Capital AdvisersInc.Octagon Credit InvestorsLLCGlobal Evolution USALLCand PREP Investment AdvisersL.L.C. are registered with the Securities and Exchange Commission (“SEC”) under the Investment Advisers Act of 1940as amendedand have noticed other jurisdictions they are conducting securities advisory business when required by law. In any other jurisdictions where they have not provided notice and are not exempt or excluded from those lawsthey cannot transact business as an investment adviser and may not be able to respond to individual inquiries if the response could potentially lead to a transaction in securities. SEC registration does not carry any official endorsement or indication that the adviser has attained a level of skill or ability.
 
ConningInc. is also registered with the National Futures Association. Conning Investment ProductsInc. is also registered with the Ontario Securities Commission. Conning Asset Management Limited is Authorised and regulated by the United Kingdom's Financial Conduct Authority (FCA#189316). Conning Asia Pacific Limited is regulated by Hong Kong’s Securities and Futures Commission for Types 14 and 9 regulated activities; Global Evolution Asset Management A/S is regulated by Finanstilsynet (the Danish FSA) (FSA #8193); Global Evolution Asset Management A/S (London Branch) is regulated by the United Kingdom's Financial Conduct Authority (FCA# 954331); alsoGlobal Evolution Asset Management A/S (“GEAM”) is authorized via exemption as a dealer and adviser in certain Canadian provinces: In Canadawhile GEAM has no physical place of businessit has filed to claim the international dealer exemption and international adviser exemption in AlbertaBritish ColumbiaOntarioQuebec and Saskatchewan. Conning & Affiliates primarily provide asset management services for third-party assets.
 
All investment performance information included in this document is historical. Past performance is not a guarantee of future results. Any tax-related information contained in this document is for informational purposes only and should not be considered tax advice. You should consult a tax professional with any questions.
 
For complete details regarding Conning & Affiliates and their services in the U.S.you should refer to our Form ADV Part 2which may be obtained by calling us.

Legal Disclaimer

 
©2025 ConningInc. This document and the software described within are copyrighted with all rights reserved. No part of this document may be distributedreproducedtranscribedtransmittedstored in an electronic retrieval systemor translated into any language in any form by any means without the prior written permission of Conning & Affiliates. Conning & Affiliates do not make any warrantiesexpress or impliedin this document. In no event shall any Conning & Affiliates company be liable for damages of any kind arising out of the use of this document or the information contained within it. This document is not intended to be completeand we do not guarantee its accuracy. Any opinion expressed in this document is subject to change at any time without notice. This document contains information that is confidential or proprietary to Conning & Affiliates. By accepting this document you agree that: (1) if there is any pre-existing contract containing disclosure and use restrictions between you or your company and any Conning & Affiliates companyyou and your company will use the information in this document in reliance on and subject to the terms of any such pre-existing contract; or (2) if there is no contractual relationship between you and your company and any Conning & Affiliates companyyou and your company agree to protect the information in this document and not to reproducedisclose or use the information in any wayexcept as may be required by law. ADVISE®FIRM®GEMS®CONNING CLIMATE RISK ANALYZER® and CONNING ALLOCATION OPTIMIZER® are registered trademarks of ConningInc. in the U.S. ADVISE®FIRM®GEMS®CONNING CLIMATE RISK ANALYZER® and CONNING ALLOCATION OPTIMIZER® are proprietary software published and owned by ConningInc. This document is for informational purposes only and should not be interpreted as an offer to sellor a solicitation or recommendation of an offer to buy any securityproduct or serviceor retain Conning & Affiliates for investment advisory services. The information in this document is not intended to be nor should it be used as investment advice. Copyright 1990-2025 ConningInc. All rights reserved.