The Obligations Relance France fund is endowed with €1.7 billion euros from 19 member insurers of France Assureurs (formerly FFA) and by Caisse des Dépôts, finances SMEs-ETIs businesses affected by the health crisis, to invest in their development and recovery.
Part of the Recovery Plan of the Ministry of Economy, Finance and Recovery, the Obligations Relance France fund was created by insurers and Caisse des Dépôts, in cooperation with the French Treasury. It benefits from a partial state guarantee.
Recovery Bonds have an eight-year term; they are repayable at their term; they offer SMEs-ETIs subordinate financing without guarantee which can be obtained from the seven management companies delegated to the financial management of the fund.
Jean-Edouard Mazery, Managing Director, FundRock France comments: "By creating the Obligations Relance France Fund, insurers and Caisse des Dépôts are providing strong support for the growth and transformation of SMEs and ETIs. We are proud to participate in the revival of the French economy through this initiative by piloting this system as an umbrella management company."
With more than 20 alternative funds investing primarily in France, FundRock France AM's experienced team helps professional French and international investors to access alternative asset classes, including private equity, real estate and private debt, in the French market.
About FundRock France AM
FundRock France AM, a subsidiary of Fundrock Management Company, is a French AIFM management company, approved by the Autorité des Marchés Financiers under number GP - 21000009. It assists French and international professional investors in accessing non-French investment vehicles. listed.
FundRock Management Company is a leading independent UCITS management company and AIFM investment fund manager. It is a subsidiary of Apex Group.
As of December 31, 2021, FundRock oversees more than 450 funds with a total of €125 billion in assets under management. The FundRock group has more than 150 employees in six countries Luxembourg, United Kingdom, Ireland, France, Abu Dhabi and Singapore.
Press contact:
Apex Group: Antonia Powell, Head of Media Relations | antonia.powell@apexfs.com | +44 (0) 7789902279
FundRock Management Company S.A.: Polina Nakou, Marketing & Communications Manager | polixeni.nakou@fundrock.com | +352 691346005