European asset manager Amundi has been appointed to manage a multi-management mandate worth €350m, invested in private equity and private debt, on behalf of French public reinsurance company Caisse Centrale de Réassurance (CCR).
Alongside this main sleeve, an ancillary sub-portfolio has been created to which CCR’s existing assets may be transferred.
Amundi says that it has been selected to manage the mandate due to its expertise in multi-management of private assets, its ability to structure solutions tailored to institutional investors, its proprietary ALTO technology platform and its long-standing commitment to responsible investment.
The firm is looking to leverage the expertise of Amundi Alpha Associates, its private markets multi-management platform composed of a team of 80 experts with over €20bn in assets under management.
