Conning

Hartford, United States Founded: 1912 • Age: 114 yrs Acquired By Generali
Diversified investment management services are provided by Conning.
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About Conning

Conning is a company based in Hartford (United States) founded in 1912 was acquired by Generali in July 2023.. Conning has raised $1.21 million across 2 funding rounds from investors including Generali, KeyBank and Cathay Financial Holdings. Conning has completed 3 acquisitions, including MGG Investment Group, Octagon Credit Investors and Pearlmark. Conning offers products and services including Asset Management, Risk Management Software, Insurance Research, and Consulting Services. Conning operates in a competitive market with competitors including Fidelity Investments, Investec, Morgan Stanley, Guggenheim Partners and FNZ, among others.

  • Headquarter Hartford, United States
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Conning Holdings Limited
Operational Areas
Financial Services → Investment Management & Advisory
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $1.21 M (USD)

    in 2 rounds

  • Latest Funding Round
    $1.21 M (USD), Unspecified

    Dec 30, 2009

  • Investors
    Generali

    & 3 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Generali

    & 3 more

    (Jul 06, 2023)

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Products & Services of Conning

Conning offers a comprehensive portfolio of products and services, including Asset Management, Risk Management Software, Insurance Research, and Consulting Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Customized solutions for institutional investors and insurers.

Tools for asset allocation and enterprise risk modeling.

Analysis and reports for insurance industry strategies.

Expert guidance on investment and risk strategies.

People of Conning
Headcount 200-500
Employee Profiles 144
Board Members and Advisors 7
Employee Profiles
People
Jeremy Lachtrupp
Managing Director, Institutional Solutions
People
Vi R. Smalley
General Counsel & Corporate Secretary
People
Keith Mason
Director, Application Platform & Quality Engineering
People
Lauren Forando
Assistant Vice President

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Board Members and Advisors
people
Jason Rotman
Director
people
David Sun
Director
people
John Boneparth
Director
people
Ronald P. Joelson
Director

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Funding Insights of Conning

Conning has successfully raised a total of $1.21M across 2 strategic funding rounds. The most recent funding activity was a Unspecified round of $1.21 million completed in December 2009. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 2
  • Last Round Unspecified — $1.2M
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2009 Amount Unspecified - Conning Valuation

investors

Jun, 2009 Amount Private Equity Round - Conning Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Conning

Conning has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Generali, KeyBank and Cathay Financial Holdings. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity and debt investments are directed toward financial sectors.
Founded Year Domain Location
Regional bank
Founded Year Domain Location
Diversified insurance and asset management services are offered globally.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Conning

Conning has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include MGG Investment Group, Octagon Credit Investors and Pearlmark. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Senior secured loans are provided to lower middle-market companies.
2014
Private equity real estate investment firm
1996
Credit investment consulting services are provided to financial clients.
1994
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Conning

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Conning Comparisons

Employees
+
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Competitors of Conning

Conning operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Fidelity Investments, Investec, Morgan Stanley, Guggenheim Partners and FNZ, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Provider of brokerage accounts, retirement planning, wealth management, and trading platforms
domain founded_year HQ Location
Global banking, investment, and wealth management services are offered worldwide.
domain founded_year HQ Location
Wealth management, investment advisory, and financial services are provided.
domain founded_year HQ Location
Asset management and investment advisory services are provided to clients.
domain founded_year HQ Location
Wealth management solutions are delivered for asset managers.
domain founded_year HQ Location
Platform offering business intelligence solutions that combine data and actionable analytics for clients
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Conning

Frequently Asked Questions about Conning

When was Conning founded?

Conning was founded in 1912 and raised its 1st funding round 97 years after it was founded.

Where is Conning located?

Conning is headquartered in Hartford, United States. It is registered at Hartford, Connecticut, United States.

Is Conning a funded company?

Conning is a funded company, having raised a total of $1.21M across 2 funding rounds to date.

What does Conning do?

Conning, based in Hartford, focuses on offering financial products and advice, managing assets, and diversified. Diversified investment management firm. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.

Who are the top competitors of Conning?

Conning's top competitors include Fidelity Investments, Investec and S&P Global.

What products or services does Conning offer?

Conning offers Asset Management, Risk Management Software, Insurance Research, and Consulting Services.

How many acquisitions has Conning made?

Conning has made 3 acquisitions, including MGG Investment Group, Octagon Credit Investors, and Pearlmark.

Who are Conning's investors?

Conning has 4 investors. Key investors include Generali, KeyBank, Cathay Financial Holdings, and Aquiline Capital Partners.

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