Gallagher has expanded its Private Equity and M&A practice in Europe with five senior appointments, reinforcing its presence in Italy and strengthening its wider regional capabilities. The move includes the creation of a new leadership role and the establishment of a dedicated Milan-based team focused on transactional risk and client advisory services.
At the center of the announcement is Giulio Greco, who has been appointed Chief Broking Officer for the EMEA-wide PEMA practice. Working from Milan and reporting to Alistair Lester, Greco will shape and advance the broking strategy for Gallagher’s insurance-backed transactional risk solutions across the UK, Europe, and the Middle East, while collaborating with insurers to secure strong client outcomes.
Broader leadership and relationship management build-out
Carlo Ungaro has taken on the role of Director of Relationship Management, Southern Europe, also based in Milan. His responsibilities include overseeing connections with private capital funds, corporate clients, and the broader advisory market, while helping deliver both transaction-related and post-completion solutions for clients.
Further strengthening the Italian platform, Gallagher has named Federica Marcabruni as Head of Transaction Solutions, PEMA Italy. Reporting to Alistair Lester, she will work closely with Italy’s private equity and M&A sectors. Marcabruni brings more than a decade of experience and previously held corporate M&A legal roles at organizations including Marsh McLennan, Deloitte, and Simmons & Simmons.
The Milan team is also joined by Alberto Corolla as Director and Vincenzo Ferrini as Associate Director within Transaction Solutions, Italy. Both are qualified lawyers with corporate law expertise. Corolla previously worked at Giovannelli e Associati, while Ferrini built experience at White & Case. Both will report to Marcabruni.
Italy expansion supports wider regional strategy
With these appointments, Gallagher is extending its in-country PEMA expertise into Italy, adding to its established teams serving private equity and M&A markets in the UK, Benelux, France, Iberia, the Nordics, and the UAE. The broader network also includes the capabilities of Gallagher partners Renomia and Steimeyer across Central and Eastern Europe and Austria.
This expansion enhances Gallagher’s local advisory strength in Italy while also adding new regional leadership and relationship management depth. It further complements Gallagher’s existing footprint in the country, where Gallagher Re already has an established presence.
Commenting on the development, Alistair Lester, Gallagher CEO for Private Equity and M&A, UK & EMEA, said that Italy continues to show strong activity across the M&A market, with private equity funds playing an important role and recent dealmaking shifting from major headline transactions toward mid-market activity and domestic consolidation. He described the launch of an experienced local transactional risk team as a significant step in supporting Italian private equity funds and portfolio companies during deals and beyond.
Alex Nagler, CEO of Gallagher in Europe, said the arrival of such experienced specialists in the Italian market reflects Gallagher’s ability to attract high-caliber talent as it grows across continental Europe. He added that professionals seeking to build a distinctive client offering as trusted advisors would find strong opportunities within the firm.
