Lingotto

What Lingotto does

Lingotto Investment Management LLP is a UK-based, FCA-authorised (FRN 755308) alternative asset manager established in 2023 and headquartered in London with a secondary office in New York. The firm was founded by Exor N.V. (the Agnelli family's holding company) and Covéa as anchor limited partners, with John Elkann serving as Chair and Enrico Vellano as CEO. Lingotto operates four discrete investment strategies under one roof: Lingotto Intersection (public equities, long-only and long/short, fundamental bottom-up), Lingotto Horizon (private investments and fund-of-funds, opportunistic and global), Lingotto Innovation (multi-stage growth from venture to public markets, concentrated bets across AI, healthcare, and physical economy), and Lingotto Mosaic (cross-asset private markets with downside-protection focus). Combined AUM was approximately $11.4bn as of 31 December 2025, including commitments and strategies not open to external investors.

The firm is led by a senior bench with prior leadership at Baillie Gifford (James Anderson), BlackRock (Pam Chan), Eton Park (Matteo Scolari), and Generali/Allianz (Nikhil Srinivasan), and is overseen by George Osborne (former UK Chancellor) as Non-Executive Chairman. Distribution is gated by AIFMD/MiFID II Professional Investor status, limiting the client base to institutional investors, family offices, endowments, and foundations — retail clients are excluded. Lingotto does not publish pricing; terms are negotiated individually with each LP.

Revenue is generated through management fees and performance fees on committed and deployed capital across the four strategies, with a stated objective of identifying concentrated positions in outlier companies capable of reaching $100bn+ valuations. There is no public disclosure of revenue, fee schedules, or external AUM. Strategic activity through 2025–2026 includes participation in NEURA Robotics' $1.4bn Series C, Airwallex's $330m Series G at $8bn valuation, Trade Republic's €1.2bn secondary at €12.5bn, RobCo's $100m Series C co-lead, and Kavak's $300m Series F.

Name

Lingotto

Legal name

Lingotto Investment Management LLP

Website

https://lingotto.com

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

51–100 employees

Short description

Lingotto is a London-headquartered, FCA-authorised multi-strategy investment manager owned by Exor N.V. and Covéa, serving professional institutional investors through four strategies spanning public equities, private markets, and venture-to-public growth investing, with approximately $11.4bn AUM.

Ownership category

akta.pro rank

Product category

Asset Management / Investment Management

NAICS

Portfolio Management and Investment Advice (523940), All Other Financial Investment Activities (52399)

SIC

Investment Advice (6282)

akta.pro primary industry

Discretionary Portfolio Management (DPM) (FSAAABAC)

akta.pro secondary industries

Private Banking Advisory & Discretionary Portfolio Management (FSABADAD), Thematic / Sector-Focused Multi-Manager Platforms (FSANAGAH)

Keywords

• Investment management services
• Private equity investing
• Venture capital funds
• Public equity strategies
• Alternative asset management

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices2 records

Markets served

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Investment Management Fees: Management fees and performance fees generated from managing investment strategies for limited partners and institutional investors

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Lingotto Investment Management LLP is a private investment management firm managing approximately $11.4bn AUM across four distinct strategies: Lingotto Intersection (concentrated public equity, long-only and long/short), Lingotto Horizon (direct private investments and fund-of-funds), Lingotto Innovation (multi-stage growth from venture to public markets), and Lingotto Mosaic (cross-asset private markets with downside protection focus). The firm delivers investment management services exclusively to Professional Investors as defined under AIFMD and MiFID II.

Product overview

Lingotto is an investment management firm offering four distinct, named investment strategies under one roof: Lingotto Intersection (public equity, long-only and long/short), Lingotto Horizon (private markets via direct investments and fund-of-funds), Lingotto Innovation (multi-stage growth from venture to public markets), and Lingotto Mosaic (cross-asset private markets with downside protection focus). The strategies are each led by a dedicated Managing Partner and CIO, collectively managing approximately $11.4bn AUM (as at 31 December 2025, including commitments). Lingotto does not operate as a software or technology product company; its offering consists entirely of financial investment services, not software products, modules, or platforms.

Differentiator

Problem solved

Functional benefit

Brands

• Lingotto Intersection: Public equity strategy, on a concentrated long only and long/short basis with fundamental bottom-up approach and long-term analysis.
• Lingotto Horizon
• Lingotto Innovation
• Lingotto Mosaic

Products and services

• Lingotto Intersection Public equity strategy on a concentrated long-only and long/short basis, employing a fundamental bottom-up approach with long-term analysis across predominantly developed markets. For professional and institutional investors.
• Lingotto Horizon Private markets strategy centred on two synergistic pillars — direct private investments and a fund of funds — making diversified, opportunistic minority investments with a global reach. For professional and institutional investors.
• Lingotto Innovation Multi-stage growth-focused strategy investing from venture through to public markets, targeting rare structural winners with concentrated, long-term commitments across AI & Technology, Healthcare, and the Physical Economy themes. For professional and institutional investors.
• Lingotto Mosaic Cross-asset private markets strategy focused on structure and orthogonal risks, employing a flexible direct investment approach that emphasises downside protection and less correlated sources of return, predominantly in North America. For professional and institutional investors.

Quantifiable outcome

• Identify and support companies with potential to reach $100bn+ valuations and redefine entire industries

Named customers2 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves6 records

Expansion highlights7 records

Direct peers

• Coatue Management: Multi-strategy investment firm running a public-equity long/short fund alongside private growth and venture investing in technology. Directly comparable to Lingotto's blend of Intersection public equity and Innovation/Horizon private market activities.
• Tiger Global Management: Runs crossover public/private investing with concentrated, long-duration positions in growth and technology. Closely aligned with Lingotto Innovation's approach of backing structural winners from late-stage private through public markets.
• D1 Capital Partners: Multi-strategy platform combining public equities with late-stage private investments. Operates a similar cross-stage model to Lingotto and serves institutional LPs seeking concentrated exposure to growth companies.
• General Atlantic: Global growth equity investor making minority and majority investments across stages, often with public-equity co-invest capacity. Comparable to Lingotto Horizon and Innovation's growth-stage focus with multi-cycle duration.
• Whale Rock Capital Management: Concentrated, fundamentals-driven public-equity manager with crossover exposure into private companies. Comparable to Lingotto Intersection's bottom-up, long-term public-equity approach.
• Viking Global Investors: Multi-strategy hedge fund combining fundamental long/short public equity with private investments. Comparable to Lingotto's Intersection strategy in size and philosophy.

Broad incumbents

• TPG: Large diversified alternative asset manager spanning private equity, growth, public equity, and cross-asset strategies. Operates at much greater scale but addresses similar institutional LP needs with multi-strategy optionality.
• Blackstone: Largest global alternative asset manager offering multi-asset strategies including private equity, hedge fund solutions, and public equity. Comparable as an incumbent in the institutional multi-strategy landscape where Lingotto competes for capital.
• BlackRock: World's largest asset manager and Pam Chan's prior employer. Lingotto Mosaic was built by a former BlackRock CIO and directly competes for institutional cross-asset private mandates.

Emerging players

• Sequoia Capital: Premier venture and growth investor with public crossover heritage. Frequently co-invests alongside Lingotto (e.g., RobCo Series C) and is a natural peer in multi-stage technology investing.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/lingotto-investment-management

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments29 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Lingotto