Over 80 years of investment,
with a vocation for social work and culture.
A wealth of experience
Narval Investimenti S.p.A. is an industrial holding company wholly owned by the Giubergia and Argentero families. Established through a demerger from Ersel Investimenti SpA, its objective is long-term investment initiatives.
The history of Narval Investments is closely linked to that of Ersel, which has specialised in asset management since 1936. Founded as Studio Giubergia di Agenti di Cambio in Turin by Giuseppe Giubergia, it is now a banking group, the largest independent wealth management operator in Italy, with offices in Italy and abroad.
Narval Investimenti has diversified its assets and is now present in several industrial sectors (in particular healthcare and renewable energy) and in the real estate sector, with major investments mainly in Turin and Milan.
Attention to social issues is a vocation of the family, which set up the Fondazione Paidea in 1993 and the Fondazione Renzo Giubergia in 2010.
Corporate
Structure
Narval Investimenti S.p.A.
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Healthcare
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Gruppo Koelliker 100%
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Industrial Investments
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Sied 25%
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Arbo 10%
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Solar Investment Group 16,5%
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PerMicro 10%
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Farmagorá 12%
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Private Equity
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Gruppo Florence <5%
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Neopharmed Gentili <5%
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U-Power <5%
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Desa <5%
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Newcleo <5%
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Investment Funds 30+
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Property
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Caradosso Milano
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Solferino Torino
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Corso Dante Torino
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Residenza Ferrucci Torino
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Altri Investimenti
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Governance
Guido Giubergia Chairman
Daniela Argentero Director
Francesca Giubergia Director
Paola Giubergia Director
Silvia Griglio Director
Ferruccio Luppi Director
Paolo Monferino Director
Andrea Rayneri Director
Tancredi Ceresa Chairman of the Board of Statutory Auditors
Fabio Zucchetti Auditor
Maurizio Ferrero Auditor
Deloitte & Touche S.P.A.
Mauro Castellano Head of Investments
Pietro Poli Industrial Investments
Giorgio Pagliero Industrial Investments
Elena Maina Real Estate Investments
Enrico Asinelli Real Estate Investments
Silvia Magnano Real Estate Investments
