UniCredit S.p.A.

UCG

IT0005239360

Banks

Real-time Borsa Italiana Other stock markets 12:47:41 21/01/2025 GMT			5-day change	1st Jan Change
42.76 ^EUR	-0.85%		+4.47%	+10.99%

07:32am	Markets bearish; focus on Generali	AN
06:26am	Anima, ECB spotlight on Banco BPM takeover bid	AN

UniCredit announces partnership with Blackstone

December 04, 2024 at 11:30 am

(Alliance News) - UniCredit Spa announced Wednesday a partnership with Blackstone to distribute the Blackstone Private Equity Strategies Fund to its wealth clients in Italy starting Dec. 3.

BXPE, an actively managed semi-liquid alternative investment fund, offers diversified exposure to Blackstone's private equity platform, including corporate private equity strategies, tactical opportunities, secondary market, life science and growth.

Renato Miraglia, Head of Wealth Management at UniCredit Italy, emphasized how the partnership allows clients to diversify portfolios by accessing investments historically reserved for institutional investors.

Andrea Valeri, president of Blackstone Italia, highlighted the growing interest of Italian individual investors in private equity, while Rashmi Madan, Head of EMEA at Blackstone Private Wealth Solutions, reiterated the commitment to expand institutional investment solutions in Europe.

This collaboration aims to reduce barriers to entry in private equity by offering a flexible structure and attractive returns through a single fund.

UniCredit's stock is in the green by 0.8 percent at EUR37.79 per share.

By Antonio Di Giorgio, Alliance News reporter

Comments and questions to redazione@alliancenews.com

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Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	BLACKSTONE INC.	179.95USD	+1.83%	+8.55%	138B
	UNICREDIT S.P.A.	42.76EUR	-0.85%	+4.47%	69.06B

Latest news about UniCredit S.p.A.

Markets bearish; focus on Generali	07:32am	AN
Anima, ECB spotlight on Banco BPM takeover bid	06:26am	AN
UniCredit shakes up Commerzbank on efficiency	06:14am	AN
Banco BPM says ECB, EBA both reviewing use of 'Danish Compromise' in Anima bid	01-20	RE
Fitch Keeps Banco BPM's Ratings on Rating Watch Positive	01-20	MT
Milan black jersey on Trump day	01-20	AN
Supervisors assess EU banks' crisis preparedness	01-20	DP
German finance minister criticises UniCredit approach for Commerzbank as opaque	01-20	RE
Milan bearish; Leonardo at annual high	01-20	AN
'FT': Commerzbank considers cutting thousands of jobs - share price at Dax peak	01-20	DP
Mib bearish; MPS and UniCredit in the dust.	01-20	AN
Report on job cuts drives Commerzbank	01-20	DP
UniCredit's platform for small and medium-sized enterprises	01-20	AN
'Financial Times': Commerzbank considers cutting thousands of jobs	01-19	DP
Commerzbank explores thousands of job cuts after approach from UniCredit, FT reports	01-18	RE
German Stocks Rise Amid China GDP Cheer	01-17	MT
Orcel: "UniCredit will surprise again with its results."	01-17	AN
S&P, Italian banks' interest margin to fall in 2025	01-17	AN
Barclays moves on Commerzbank, 16% taken over	01-17	AN
Global markets live: Boeing, Pfizer, Nvidia, Goldman Sachs, Shell...	01-15
Government not aiming to expand 'golden power' powers in financial sector - Giorgetti	01-15	RE
Italy has no plans to strengthen "golden powers" rules on financial sector	01-15	RE
Barclays: has access to over 16 percent of Commerzbank	01-15	RE
AlphaValue/Baader Europe: Failed Banco BPM Bid Could Spoil UniCredit's Regional Expansion Plans	01-15	MT
UniCredit: EU approves acquisition of UniCredit CNP Vita	01-15	CF

Chart UniCredit S.p.A.

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Company Profile

UniCredit S.p.A. is one of the leading European banking groups. Income breaks down by activity as follows: - corporate, investment, finance and market banking (51%): leasing, factoring, stock transactions, participation in the rate, exchange, stock and derivative markets, stock exchange intermediation, etc.; - retail banking (49%). At the end of 2023, the group managed EUR 474.4 billion in deposits and EUR 409.5 billion in loans. Products and services are marketed through a network of 3,082 branches located primarily in Italy (1,950). Income (including intragroup) is distributed geographically as follows: Italy (44.7%), Germany (22.3%), Central Europe (17.5%), Eastern Europe (10.7%) and Russia (4.8%).

Employees

70,752

Sector

Banks

Calendar

11/02/2025 - Q4 2024 Earnings Release

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