Funds of Funds Activity
Private equity and infrastructures multi-management activity
For more than a decade, Amundi Private Equity Funds’ multi-management activity has enabled investors to diversify their portfolios by allocating investments to private equity funds (venture capital, expansion capital, capital transmission, mezzanine, etc.) and unlisted infrastructure funds. These have now taken on the status of an asset class in their own right, with its own long-term momentum offering the prospect of high returns in absolute terms that are only weakly correlated with the financial markets.
By using a highly reputable player benefiting from privileged access to the best investment teams and specialising in portfolio building and the selection of opportunities based on objective and rigorous criteria, investors are able to diversify their exposures in terms of:
- Vintage,
- Geography,
- Development stage and size of the company,
- Business sector.
The selection process is summarised below:
Amundi Private Equity Funds’ proprietary database provides it with particularly wide-ranging market coverage:
- geographically (Europe, United States, emerging regions – particularly Asia),
- by size of company (from small- to large-cap),
- by development stage or investment type (venture capital, expansion capital, capital transmission, mezzanine, turn around or recovery capital).
Quantitative analysis tools developed in-house enable the investment teams to fine-tune the ranking of each investment opportunity under review, notably through an in-depth analysis of track records.
Portfolio monitoring is carried out not only at the level of each funds but also in more detail on the underlying positions to ensure that the diversification objectives referred to previously are being met.
Amundi Private Equity Funds currently manages more than €2.5 billion of assets on behalf of third parties, split between a number of French and foreign funds as well as dedicated management mandates.
The team currently comprises 22 members of staff, including 14 investment professionals.
The managers of the various funds-of-funds are:
Private equity
Richard DALAUD – 6 years experience in private equity fund selection, following 10 years experience of the financial markets.
Tel: +33 1 56 37 18 02
e-mail: richard.dalaud@amundi.comJean DAUMET - Founder of the former CPR Private Equity. More than 25 years experience in private equity, including 10 years in private equity fund selection.
Tel: 01 43 23 09 86
e-mail: jean.daumet@amundi.comJean-Yves LAGACHE – 9 years experience in private equity fund selection, following more than 14 years working in the financial field.
Tel: 01 43 23 45 46
e-mail: jean-yves.lagache@amundi.com
Unlisted infrastructures
Philippe TAILLARDAT – 3 years experience in infrastructure fund selection. He had previously worked for more than 15 years in project finance, structured finance and risk transfer.
Tel: 01 57 72 19 28
email: philippe.taillardat@amundi.comJérôme FREMAUX – 2 years experience in infrastructure fund selection. He had previously worked for more than 14 years in the infrastructure field and in structured finance.
Tel : 01 57 72 41 90
email: jerome.fremaux@amundi.com