KD SKLADI (GENRALI INVESTMENTS)

What KD SKLADI (GENRALI INVESTMENTS) does

KD d.d. (legal name: KD, finančna družba, d. d.; formerly KD Group, finančna družba, d. d. until September 2008, and previously Kmečka družba d.d.) is a Slovenia-domiciled public financial holding company operating under NACE code 64.200. Headquartered at Dunajska cesta 63, Ljubljana, it is listed on the Ljubljana Stock Exchange under the ticker SKDR with 156,260 issued shares (7,929 held in treasury), a registered capital of 1.30M EUR, and a parent entity, KD Group, d. o. o. The company's stated purpose is holding and managing a group of subsidiaries (Skupina KD), deploying capital across investments, and returning value to shareholders through dividends and equity appreciation.

The group's product surface centers on investment management services — including historical mutual fund (vzajemni skladi) operations — alongside the SKDR listed share and standardized ESEF-format annual reporting for retail and institutional investors. In 2025 the Group reported total assets of 124.3M EUR (+17% YoY), equity of 103.9M EUR, net profit of 16.2M EUR (+216% YoY), and a Group ROE of 16.3% (up from 8.0% in 2024); the parent entity recorded standalone net profit of 7.8M EUR and assets of 59.0M EUR. The board consists of five members (Milan Kneževič as Chairman, Tomaž Butina as Vice-Chairman, Aleksander Sekavčnik as Executive Director, Matija Gantar, and Katarina Valetinčič Istenič), with a fresh four-year mandate beginning November 19, 2025.

The business model generates revenue primarily through investment yields, dividends from subsidiary holdings, and asset management fees proportional to the disclosed asset base, supplemented by capital gains on portfolio positions. Customer-facing services target Slovenian retail and institutional investors in mutual funds and the publicly traded share, supported by an investor relations function at kd-fd.si. The operating geography is concentrated in Slovenia with no flagged cross-border expansion.

Name

KD SKLADI (GENRALI INVESTMENTS)

Legal name

KD, finančna družba, d. d.

Website

https://kd-fd.si

Company type

Public

Founded year

2000

Operating status

Operating

Headcount range

51–100 employees

Short description

KD d.d. is a Slovenian publicly listed financial holding company (Ljubljana Stock Exchange: SKDR) that manages a group of subsidiaries, invests in mutual funds and portfolio assets, and returns capital to shareholders through dividends, primarily serving Slovenian retail and institutional investors.

Ownership category

akta.pro rank

Product category

Investment Management / Holding Company Financial Services

NAICS

Management of Companies and Enterprises (5511), Open-End Investment Funds (525910), Other Financial Vehicles (525990)

SIC

Finance Services (6199)

akta.pro primary industry

Registered Investment Advisor (RIA) Wealth Management (FSAEABAA)

akta.pro secondary industries

Managed Account / SMA Multi-Manager Platforms (FSANAGAL), Employer Retirement Plan Advisory (401(k)/Pension) (FSAEABAE)

Keywords

• Investment management
• Mutual funds
• Portfolio management
• Financial holding
• Asset management

Headquarters

HQ city

Ljubljana

HQ country

Slovenia

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Core offering

KD, finančna družba, d. d. (KD d.d.) is a Slovenian financial holding company (NACE 64.200 – Activity of holding companies) that manages a group of companies (Skupina KD), provides investment management services, and operates mutual funds and portfolio management activities. The company is publicly listed on the Ljubljana Stock Exchange (ticker SKDR), publishes annual financial reports in ESEF format, and distributes dividends to shareholders. As a holding entity, its principal line of business is consolidating and managing equity investments in its subsidiary group.

Product overview

KD SKLADI (KD d.d.) is a Slovenian financial holding company operating under NACE code 64.200 (Activity of holding companies). The company offers investment management services including mutual funds and manages a group of subsidiaries (Skupina KD). It operates as a publicly listed company on the Ljubljana Stock Exchange with ticker SKDR. The company provides investor relations services, publishes annual financial reports in ESEF format, and distributes dividends to shareholders. The company's total assets were 124.3 million EUR in 2025 with equity of 103.9 million EUR. The company's governance includes a supervisory board and management board with key executives including Managing Director Aleksander Sekavčnik.

Differentiator

Problem solved

Functional benefit

Products and services

• KD d.d. Investment Management Services (Holding Company Operations) Investment management and holding-company services for the Skupina KD group, including management of group assets of 124.3 million EUR (2025) and equity of 103.9 million EUR (2025), directed at the holding company's own corporate group and affiliated subsidiaries.
• KD Group Investment Products (mutual funds / vzajemni skladi and portfolio management) KD Group offers investment products including mutual funds (vzajemni skladi) and portfolio management services for investors seeking exposure to a Slovenia-based fund vehicle, operating under a financial holding company structure since 2000.
• SKDR Ordinary Registered Share of KD d.d. Public equity instrument (ordinary registered share) of KD, finančna družba, d. d. with ticker SKDR on the Ljubljana Stock Exchange. The company has 156,260 total issued shares (including 7,929 treasury shares); the stock was quoted at 730.00 EUR as of July 2026.
• Annual Reports and Financial Disclosures (ESEF format) Regulatory annual reports for Group KD and KD d.d., published in standard PDF and official ESEF format under Commission Delegated Regulation (EU) 2019/815, made available to shareholders, capital-markets participants, and regulators.

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators6 records

Recent moves4 records

Expansion highlights3 records

Broad incumbents

• Erste Group Bank: Austrian banking group dominant in CEE retail and asset gathering. Comparable as a broad-incumbent CEE financial holding with bank-channel distribution and in-house fund management similar to KD's investment-management activity.
• Allianz SE: Global insurance and asset-management conglomerate with significant PIMCO/AllianzGI fund operations. Comparable as a broad incumbent in combined insurance plus wealth/fund management, providing a global benchmark for KD's diversified mix.
• Nova Ljubljanska Banka (NLB): Largest Slovenian banking group and Ljubljana Stock Exchange constituent. Comparable as a domestically listed Slovenian financial holding with significant asset-management and capital-markets subsidiaries, though with broader banking scope.

Direct peers

• Eurizon Capital: Italian asset-management subsidiary of Intesa Sanpaolo managing mutual funds and managed-account platforms across Europe. Directly comparable as a continental European multi-manager fund/wealth platform similar to KD Skladi's historical business.
• Generali Investments (part of Generali Group): Italian asset-management arm of Generali, the insurance group whose name appears in KD's corporate branding. Directly comparable as an investment/fund-management platform with CEE distribution reach and a multinational parent.
• Zavarovalnica Triglav: Slovenian insurance and financial-services holding group also listed on the Ljubljana Stock Exchange. Comparable as a domestically listed Slovenian financial holding combining insurance, asset management, and equity investment activities.
• Pozavarovalnica Sava: Slovenian reinsurance and insurance holding group. Comparable as a Ljubljana-listed Slovenian financial holding with diversified insurance and investment-management operations.

Regional players

• Vienna Insurance Group (VIG): Austrian insurance holding with a substantial CEE footprint. Comparable as a regional (non-Slovenia) insurer/asset manager with multi-country distribution; operates adjacent to KD d.d.'s potential expansion corridor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about KD SKLADI (GENRALI INVESTMENTS)