Gallagher, a global insurance brokerage, risk management, and consulting firm, has announced five new appointments to its Private Equity and M&A (PEMA) practice in Europe, including Giulio Greco as Chief Broking Officer of the EMEA-wide PEMA practice.
In this newly created role, Greco will lead and develop the broking strategy for Gallagher’s insurance-backed transactional risk solutions across the UK, Europe and the Middle East, working with insurers to ensure the best outcomes for clients. Based in Milan, he will report to Alistair Lester, EMEA CEO for PEMA.
Carlo Ungaro has been named Director of Relationship Management, Southern Europe, for PEMA.
Ungaro will also be based in Milan and will be responsible for managing relationships with private capital funds, as well as corporate clients and the wider advisory community, while supporting clients with the delivery of a full suite of deal and post-closing solutions and services.
Gallagher has also appointed Federica Marcabruni as Head of Transaction Solutions, PEMA Italy.
Marcabruni will also report to Alistair Lester. She will support the private equity and M&A communities in Italy and brings more than 10 years of experience, having previously served as a corporate M&A lawyer at firms including Marsh McLennan, Deloitte, and Simmons & Simmons.
Additionally, Alberto Corolla and Vincenzo Ferrini have been appointed Director and Associate Director, respectively, within Transaction Solutions, Italy, both reporting to Marcabruni.
Both are qualified lawyers with backgrounds in corporate law. Corolla previously worked for the independent international law firm Giovannelli e Associati, and Ferrini at global law firm White & Case.
Gallagher’s new PEMA team in Milan extends the EMEA practice’s in-country expertise into Italy, building on established teams serving the private equity and M&A communities in the UK, Benelux, France, Iberia, the Nordics and the UAE, as well as the PEMA capabilities of Gallagher partners Renomia and Steimeyer across the CEE and Austria regions.
The new hires expand Gallagher’s on-the-ground presence and client-focused expertise in Italy, while also adding regional leadership and relationship management capabilities.
The expansion into Italy also builds on Gallagher’s existing presence in the country, where Gallagher Re has an established base.
Alistair Lester, Gallagher CEO for Private Equity and M&A, UK & EMEA, commented, “Alongside a vibrant corporate M&A community, private equity funds continue to play a central role in the wider Italian M&A landscape and last year saw a shift from big mega-deals to more mid-market deals and domestic consolidation. Putting an experienced team of transactional risk experts close to the Italian PE funds and portfolio companies – who can best advise and support clients during transactions and beyond – is a key milestone for us. We are delighted to welcome Giulio, Carlo, Federica, Alberto and Vincenzo into Gallagher.”
Alex Nagler, CEO of Gallagher in Europe, added, “Being able to welcome such breadth and depth of specialist expertise within the Italian market is testament to the talent Gallagher continues to attract as we expand our footprint across continental Europe. Experienced and ambitious practitioners, who are keen to help build something new and distinctive for clients as trusted advisors, will find a great home in Gallagher.”
