Exor is one of Europe’s leading investment companies, controlled by Italy’s Agnelli family, founders of Fiat Automobiles more than a hundred years ago. Exor continues to own large stakes in the merged Fiat Chrysler Automobiles, as well as its Ferrari spinoff. It also owns 43% of the Economist Group, and a controlling share of Italy’s top-ranked Juventus Football Club. Flush with cash from its $2 billion sale in 2015 of U.S.-based real estate company Cushman & Wakefield, Exor purchased reinsurer PartnerRE for $6.9 billion last August, in an attempt to diversify. Exor says it more than doubled its profits last year. But without the Cushman sale, profits actually fell 21% in 2015. Exor, which has gross assets of $13 billion, is run by Agnelli scion John Elkann, the company’s CEO.